KPI software is a general term describing an analytics solution used to monitor, analyze, evaluate, and visualize key metrics of a company with the help of KPI dashboards by providing functions which help businesses see how they’re performing against their set targets.
Analyzing and reporting all of your critical business metrics with a smart KPI dashboard software that enables you to stay on top of your performance, is one of the most crucial aspects of sustainable business development. The amount of data today is staggering – each day, there are 2.5 quintillion bytes of data created, and worldwide, there are more than 5 billion web searches per day. In such an environment, it is impossible to look at every single data point in your business. As a manager, you do not have time to monitor and analyze every single business process in detail. You must be strategic about the metrics you track. Key-Performance-Indicators (KPIs) can act as a scorecard to enable you to prioritize information and continuously monitor whether you are on track to meet your business goals. KPIs provide a framework to analyze, manage, and achieve desired business results. They also give your entire organization insights into current performance. With intelligent data alerts, they can also automatically notify the user about business anomalies that would otherwise stay overlooked. Artificial intelligence will provide insights into the future performance which enables the user to stay on top of tracked performance while decreasing costs and risks of making mistakes.
When deciding which data to track, always begin by defining which specific business problem you are trying to solve. Establish metrics aligned with your company strategy, then use the right software that offers KPI reporting tools, and aligns activities and outcomes with the desired strategic objective, offering a clear understanding of the desired results. KPIs should be used for benchmarking, to measure progress and performance. You can use your data to benchmark internally, across departments or offices, or externally, to compare your company’s performance against others in your industry.
Choosing the right metrics is not a piece of cake. If you track too many of them at a time, your analysis will drown under data overload and become unexploitable. In data analysis in many cases “less is more” - so you want to choose the right metrics for the right insights, and work on the right KPI dashboards. Make your work easy, by utilizing a simple yet powerful KPI software; but not only. In our resources pages, you can help yourself with more than 250 KPI examples classified by different industries, functions, and platforms, that we have also assembled in compelling dashboard examples - specialized, as well in one particular industry or function. Choosing and visualizing the right data has never been as easy.
Once this is done, you will need to see their evolution in real-time; this is when a KPI software steps in. A smart and easy-to-use software enables you to visualize and share your numbers according to your own individual needs. A well-designed data analysis tool comes with integrated KPI dashboards that allow you to easily visualize and share your KPIs internally and with external stakeholders. The online dashboards are available via web browser, and on tablet and mobile devices, so you have access to your data regardless of your physical location. You will always have access to the right data at the right time and never miss a great business opportunity again.
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When you decide to monitor your business by collecting all the data you can and analyzing it, KPI dashboards are a good option. The advantage of using these performance indicators to manage your business activities is that these numbers provide a crucial, transparent overview of success or failure, profitability, and mismanagement in your company. Whether you seek data on the Return On Investment (ROI) of different marketing campaigns or specific revenue performances for various products, with our smart dashboard software your dashboards are highly customizable and provide an overview of key figures at a glance. The dynamic dashboard reports offered by datapine’s smart analysis tool gives you the ability to share data within seconds. The process is simple and easy, saving you time and resources in the long run. Share with smart reporting tools customized dashboards via URL or with automated Email reports. In either case, you will find the process smooth and straightforward, leaving more time for analysis and decision making.
Additional benefits from using dynamic, interactive KPI dashboards include:
Uncover critical business issues: Tracking KPIs with the help of a dashboard provides a neat overview of the company’s or specific department’s performance, whether is related to productivity or safety. Issues can be spotted immediately while intelligent data alerts signalize if any unexpected changes regarding the KPIs occurred.
Save time and costs: With interactive visualizations, costs become easy to manage. Businesses can easily add their specific parameters into an existing dashboard template and don’t have to search for old spreadsheets or presentations.
Align departments: It becomes easy to consolidate and harmonize different departments while connecting information between them to establish a sustainable business strategy. For example, selected KPIs from the sales can be tracked and viewed by the marketing department, which, consequently, brings better collaboration.
All your metrics in one place: With each day, there is more and more data collected and stored, and businesses begin to struggle how to track and perform analysis if their data is dispersed across different systems and departments. With a KPI dashboard, all siloed data will be available from one place, making cross-departmental communication easier, while managers can stay on top of their lines of business.
Depth of insights: With the benefit of diving into details of specific KPIs, and interact with every single data in order to understand what drives the business or the department forward, every employee has the opportunity to evaluate their own success and managers have the flexibility to segment data, combine data sources, and slice between KPIs in order to create dynamic dashboards.
Connecting all your data in one central system and being able to exploit it at any time and from anywhere is no longer a hardship, thanks to datapine’s KPI dashboard solutions and templates. The intuitive dashboard interface guarantees user-friendly handling and rapid comprehension for both beginners and technically versed users. You don’t need to be an SQL query expert to drill down into your data and discover meaningful insights which will benefit your entire company. You can explore and visualize your KPIs using our intuitive drag & drop dashboard interface, which does not require any coding expertise. Use our data analysis tool to discover hidden opportunities inside your web data by connecting your various data connectors and sources within seconds. After your analysis, new strategies and efficiencies will be easier to define, KPIs clear and centralized, and your business will reap the benefits.
Our dashboards’ SaaS nature enables you to connect from everywhere, from any device, and work remotely, but also to work in concert with your colleagues who have shared access. That way, the duplication nightmare, conflicting versions of a single document and synchronization issues will be of the past. However, if you need it, can revoke or restrict the access granting you at any time.
Dashboards are so efficient because they enable you to visualize all your crucial metrics in one glance. To do so, a KPI dashboard software is the solution that will ease your work. Your individual metrics provide important insights into the efficiency and effectiveness of your business activities as a whole, and for specific departments of your company like sales, marketing or finance. Sales teams must track data related to their performance in real-time to recognize and capitalize on new opportunities. Our software can monitor everything from lead generation to individual performance, making sure you outsell the competition every single quarter.
Sales and marketing are just the tip of the iceberg. We created for you stunning KPI templates for different functions within a company (Marketing, Sales, Finance, Management, Human Resources etc.) as well as for specific industries (Healthcare, Retail, Logistics, Manufacturing etc.), and platforms (Facebook, LinkedIn, Google Analytics, Zendesk etc.). Check them out and get inspired! Every single department and project in your company can tailor datapine’s software for stunning KPI Dashboards and benefit from it. From there each department can easily share their metrics with management, providing them with a detailed overview so that they can best assess how each department contributes to meeting strategic goals. Management dashboards are ideal for the C-Suite as they provide a quick assessment of each department's performance. You value your privacy, and so do we. datapine recognizes the security priority of this information. That is why all data is stored on dedicated servers in a high secure server center in Frankfurt am Main, Germany.
datapine allows you to compare each of your defined targets with the latest figures. The flexibility of our KPI dashboard software is not only restricted to the ease of use and rapidity to handle - it also comes from its highly collaborative aspect. If unusual deviations occur, you will notice them immediately and be in a position to react instantly. You will recognize risks and chances for your business in a timely manner and never miss a business opportunity again. With our KPI software, access and monitor your success indicators in real-time and make better informed data-driven decisions to achieve long-term goals. Try our 14-day free trial now – you can either test with a sample database, or connect our software to your own. Discover how you and your organization can benefit immediately from datapine’s KPI dashboard software and see for yourself why the next step for your business is just a few clicks away.
We were amazed how easy it was to use datapine and get the first KPIs within a couple of minutes. datapine is definitively a game changer for us as now all decision makers have quick, easy access to ad hoc analysis, KPI dashboards and reports.Sebastian Diemer, Founder at KreditechGO TO PRODUCT OVERVIEW
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