We are experts in the implementation of data management systems of all types and are familiar with a wide range of commercially available dashboard applications including Fathom. We also offer a range of in-house solutions at a fraction of the price of many existing brands.
It may be that you’re unsure about the suitability of an application like this for your business, and we think that’s very healthy. For many businesses, a dashboard is an unwarranted expense and, frankly, a waste of time. We are absolutely committed to holistic working and will never promote one product over another, or, in fact, any product over none at all. Instead we’ll work with you to find a solution that really works for your business.
In the event that you do decide that you want to implement a dashboard, we can help you through the process of configuring it, selecting your KPIs and linking it in to your existing data collection systems. Like any monitoring system, a dashboard is only as good as the information it receives and if you want help with your existing data collection and monitoring, we’ll be delighted to help – it’s our speciality.
Just like the dashboard of a car, a dashboard for business displays a range of information about what is going wrong (and right!) within an organisation. It typically consists of a single page of graphs, tables, charts and figures as well as historical trends, that update automatically from data streams within the infrastructure of the business, giving managers the opportunity to ‘sit on top’ of their operations and stay in control. Any indicator of business performance may be included on a dashboard but most businesses prefer to use KPIs since these are considered to be the most important.
Once the preserve of multinational corporations, the birth of cloud computing has made business dashboards cheaply available to companies of all sizes. The majority of commercially available packages are fully customisable and will suit any business wishing to use technology to their advantage. For many, the appeal is in the feeling of control that access to a stylish visual representation of key performance information in real time can bring, but it’s important to understand the limitations of this kind of interface, and to fully understand what makes a good dashboard solution:
Some of the key aspects of this are discussed below:
1. A dashboard is a communication tool and should operate as such. If it isn’t providing you with clear, intelligible, useful information, it’s not doing its job.
2. Dashboards should be simple and uncluttered. Too much information is as bad as too little.
3. A dashboard is a support to, not a substitute for, a highly organised business environment, it can only provide information, not solve problems.
4. A well designed dashboard takes into account the fact that it relies on human perception and so presents information such that the important aspects are the most salient.
Dashboards are typically classified as being either analytical or strategic. Information for analytics is typically detailed and frequently updated, in the order of minutes or seconds. It may be focussed on aspects of a single process or department. Strategic dashboards, however, tend to be more highly summarised and less frequently updated, since they are used on a daily, weekly or monthly basis. They take in a broader sweep of the operation as a whole. It’s important, therefore, when choosing a dashboard to make sure that you choose a selection of appropriate KPIs and have a clear idea of their use in your business context.
Properly implemented, a dashboard can be an immediate and radical solution to the problem of ‘getting out from inside’ your business, that is, finishing the day-to-day monitoring and firefighting aspects of a managerial role and finding a position of control from which you can direct the company strategically. If not properly designed, maintained and utilised, however, they can be much more trouble than they’re worth.
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CT600 (Company Tax Return)
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Accounting Systems Set-up
Business Startup – Company Formation
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