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FINANCE

Tracking the money coming in and going out of a business is essential to evaluating the success of the business and determining where changes are needed. A finance dashboard can contain all the relevant metrics covering the finance and accounting areas.

A dashboard showing financial information, as with any dashboard, can be limited to viewing by only appropriate employees. User IDs and passwords are important components of any Dashboard Program.

Typical finance metrics that a Dashboard Program could present include:

  • Financial statements - Income sheet, balance sheet, and cash flow.
  • Audit control - Journal analysis and debt analysis.
  • Cost control - Departmental cost, budget versus expenses.
  • Activity-based costing - Cost centers and cost activities .
  • Accounts receivable - Collections, risks, and discount analysis.
  • Accounts payable - Cash and discount optimization, supplier data sheet.
  • Expense cycle - Aging, cash out flow, and purchase requisition.
  • Revenue cycle - Revenue ladder, funnel, and product backlog.
  • Regulatory compliance and audit controls.

What type of financial data do you want to know?

In addition to displaying metrics about a specific company interest, department or function, Dashboard Programs also can present data about the general operations of a company.

Key Performance Indicators (KPIs), such as the ones listed above, and the tables, charts and performance dials used to display the information, can be selected and customized for a specific business.

The picture above shows a dashboard used by a Financial Services business. Click on the image to view a functioning dashboard. See how different displays are highlighted and how previously gathered data can be displayed by passing your cursor over the various displays and clicking on specific areas.

Financial activities can be very effectively displayed using a Dashboards Program. Find out the benefits to your specific business and how to obtain a Dashboards Program by contacting the dashboard experts at George S. May International Company.

 

Call: 847-993-5443

E-Mail: info@gsmdashboards.com

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