Finance Dashboard
Fully Automated Monthly Reporting, Fast and Valuable Insights into Your Key KPIs: Always in Control!
- Integrate all your data sources
- Never look at outdated data again
- Faster insights into monthly figures and key KPIs
- Clear and shareable reports
- Optimize your KPIs
- Data is accessible everywhere, even on mobile devices
- Fully customized to your business
Why is an automated finance dashboard essential?
Developing an effective financial dashboard is crucial for managing and understanding the financial situation of an organization. Most organizations do this in Excel, often for monthly reporting and key KPIs—essential information needed to advance the organization.
However, a significant portion of the Finance Team’s time is spent gathering and reporting this information. This monthly, manual exercise often takes place between workday 5 and 10. Imagine if your Finance Team could spend these 5 to 10 workdays on value-added activities for your organization.
At DATA KINGDOM, we specialize in customizing and implementing automated financial dashboards that perfectly meet the unique needs of our clients. In addition to technical expertise, we have more than 40 years of experience in financial reporting, including a CFO and RC. Besides creating financial dashboards, we also assist in shortening the reporting cycle.
What is a finance dashboard?
A financial dashboard provides a visual representation of a company’s key financial KPIs. It offers a clear overview of an organization’s financial health and supports well-informed strategic decision-making.
The importance of a finance dashboard
A financial dashboard is a powerful tool that presents critical financial data in a clear and understandable manner. It provides real-time insight into a company’s financial performance and aids in making well-considered decisions.
With the rise of advanced data analysis techniques, an effective financial dashboard is essential for companies to gain a competitive advantage over their competitors.
Unique features of our finance dashboards
At DATA KINGDOM, we strive for financial dashboards that excel in user-friendliness, functionality, and visual appeal. Here are some unique features of our finance dashboards:
We design our finance dashboards to be customized, ensuring they perfectly align with the unique requirements of your organization. Through a thorough analysis of your business processes in a data strategy session, we can create a dashboard that meets all your needs.
Real-time data visualization
Our dashboards provide real-time insights into your financial data, giving you immediate visibility into key KPIs, trends, and performance. This enables you to respond quickly to market changes.
Interactive Elements for In-Depth Analysis
We integrate interactive elements into our finance dashboards, allowing users to conduct in-depth analyses. This enables you to identify trends, uncover root causes, and visualize future scenarios.
User-Friendly Interface
Our dashboards are designed with the user in mind, making them easy to use even for those without technical knowledge. An intuitive interface ensures a smooth user experience.
Benefits of a Financial Dashboard
Improved Decision-Making: By having access to real-time financial data and insights, you can make quicker and more informed decisions that positively impact your business outcomes.
More Efficient Operations: Our finance dashboards simplify the process of data collection and analysis, saving you time and resources that can be invested in other important tasks.
Proactive Problem-Solving: By identifying trends and patterns in your financial data, you can address potential issues early and take proactive measures to resolve them.
Increased Productivity and Performance: With direct access to relevant financial information, your team members can work more efficiently and contribute to the overall performance of your organization.
How do we work?
To ensure that your finance dashboard perfectly meets the needs of your organization, we follow a careful process:
Data Strategy Session: In this session, we primarily gather information about the company’s strategy, whether there is a data strategy, what the key KPIs and their definitions are, and what sources are available. Together, we discuss the design requirements for the dashboard.
Inspiration Session: Using the input from the data strategy session, we create an inspiration dashboard with dummy data. In the inspiration session, we present the dashboard and further refine the requirements and definitions from the Data Strategy session.
Implementation: After that, we start unlocking sources (source systems, databases, Excel, APIs), modeling, visualizing, setting up governance, and training. Most importantly, we work together to ensure that data-driven working is embraced within the organization. Below, you can see in detail how we proceed in each phase.
