A dashboard generally provides key performance indicators of a business, at a glance. It is normally a graphical representation in the form of charts, graphs, tables, etc which give an instant understanding of the key indicators. Nowadays dashboards are available in most software systems, on login. Consider your bank account,. as soon as you login, it will most likely give you a dashboard showing your total account balance with a break up under different heads like saving accounts, fixed deposits, demat account, etc. Besides that it would have quick links to the options which you use everyday. This saves the trouble of navigating through the website for the regular aspects of use. Thus dashboards are no longer restricted to business application users. It is the common man using everyday applications who gets to see a dashboard. This gives an idea of the vast reach and significance of dashboards. It is a simple and quick way of viewing critical or relevant information.
Dashboards are generally made to fit user requirements, as users from different departments and at different levels would have different relevance of the need for information. A typical ERP system has users from various departments with varying needs. The marketing head would like to see where the company stands on its sales targets, a finance guy may want the bank balances at a glance, CEO would want to see the bottom line. Easy access to such information helps in taking timely decisions and corrective measures.
Dashboards are the way forward to closely monitor your business and guide you in the right direction, on the basis of accurate, instant information on critical parameters of the business.