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Author: John W. Kyle

Executives and decision-makers need up-to-the-minute information for maximizing opportunities and managing crises. High-impact executive dashboards provide a snapshot of your company's key performance indicators (KPIs) to guide these critical decisions.

Excel dashboard reports bring essential information about your business's performance directly to your attention in this daily report format. The digital dashboard, a combination of charts, tables, gauges, and maps in a single, at-a-glance view, provides the crucial details you need to react quickly in any situation. These daily reports allow hundreds of individuals to access information in the same format, so that all your key players are on the same page.

Dashboard software that automatically accesses all your company's data sources to create reports in Excel ensures that a single version of "the truth" reaches all your decision-makers. They all see the same data and can participate in the decision-making process using various perspectives based on their areas of responsibility. Excel dashboard reports streamline decision-making because they are current and always available. Decision-makers can pinpoint problem areas and react quickly to manage critical situations before they get out of control.

A business intelligence Excel-based tool can facilitate your company's decisions by:

Providing a comprehensive financial scoreboard to analyze investment decisions and evaluate financial risk

Summarizing key customer demographic data for marketing analysis to guide decisions on product development and marketing strategy

Collecting sales data such as inventory, product sales, and transactions for distribution to vendors, internal departments, and regional staff

Monitoring sales staff performance by capturing data such as top performers and lead performance within the sales pipeline

Securing access to proprietary or other private data by displaying dashboards and scorecards to only those users with appropriate permission

Article Source:http://www.articlesbase.com/strategic-planning-articles/using-excel-based-dashboard-reporting-to-streamline-business-decisions-2533292.html

About the Author

John Kyle is the president of ApeSoft North America. Get a free live demo of ApeSoft's automated Excel reporting software and learn how you can get a cohesive dashboard view of your company.

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