Dashboards are quickly emerging as the ultimate executive user interface to monitor internal and external key performance indicators and other important information. Interactive Dashboards provide a powerful and user-friendly way for managers to analyze and present important corporate information without having to use report writers to run reports or learning OLAP analysis tools.

Business dashboards communicate complex information quickly. They translate information from your various corporate systems and data into visually rich presentations using gauges, maps, charts, and other graphical elements to show multiple results together.

Why Dashboards? Key benefits include:

• Resonate users: Monitor status of several areas at once, graphically display performance of each user and alert users to exception conditions.
• Empower workers: It helps your workers focus on what's really important for your business and shows them how their contributions count.
• Aligns the business: Excellent way to communicate your business strategy as everyone uses the same data, metrics and objectives. Further it also prioritizes people's objectives and tasks.
• Drill-down analysis: Track performance and examine metrics in the finest detail for root-cause analysis.
• Data-level security: Each user receives only the information required for their job.
• Exception management: Set up alerts and receive immediate notification when metrics reach critical thresholds.
• Integrated task management: Share exceptional situations with others on your team and track them to resolution.

Dashboards vs Scorecards

Dashboards and scorecards are visual interfaces for monitoring business performance. Below is a simplified difference between the two.

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