What is a KPI Dashboard? 5 Examples and Best Practices

If you’re looking for a key performance indicator template, here are five examples to get you started. These control panels can be used by the CEO, project manager, sales and marketing professionals, and more. They each have different purposes, but all of them should be easy to create. To get started, simply follow the steps below. You can easily copy and paste these charts into separate worksheets. Your new sheet will become the key performance indicator.

CEO

A CEO Key performance indicator provides quick, real-time access to key performance indicators. Each department or individual can view their performance compared to company goals and benchmarks. The CEO can see which staff members need more training or guidance in order to meet company goals. It can also help him identify trends within the external environment.

A control panel for the CEO must reflect the role of the user. A CEO Key performance indicator may not be the same as a marketing executive’s or one of many of the IT project manager’s KPI dashboards. It should also be tailored to reflect the user’s role and specific needs. To get the best results from the dashboard, consider the type of audience you’re targeting.

Project Management

One of the most important aspects of a project management key performance indicator is the percentage of completed tasks. This metric measures the progress of a project by comparing the expected number of tasks to the actual number. Projects can also be impacted by unassigned tasks that can delay the timeline of a project.

The project’s ROI is a good measure of its profitability. It shows whether benefits outweigh costs. However, not all projects have a positive ROI. As a result, ROI should be calculated over a long period of time to be truly effective. Nothing is ever as effective as the real, true thing.

Sales

It allows managers to analyze the Sales process and keep on track of company goals. The control panel contains ready-to-use Excel templates. These templates are provided as-is, but customers who need customized versions should contact the company’s custom services. This can help managers assess the effectiveness of their teams and determine where to focus their efforts.

A sales key performance indicator shows current results, yearly figures, and historical figures. A sales team should be responsible for generating leads, converting them to customers, and meeting sales targets. Sales to date are a metric that measures current sales against historical data.

Sales reps need a way to quickly analyze their results across products and regions. A dashboard provides them with a comprehensive view of their performance and allows them to factor in other important KPIs, such as the number of closed deals. An interactive control panel allows sales leaders to see revenue by region, product, customer, and rep.

Your sales dashboard should be designed to suit the audience you’re targeting. Identify the KPIs that matter most too each group and use those metrics in your control panel. It can help you decide which team members should be rewarded for reaching quotas first.

Marketing

Having a marketing key performance indicator will allow you to monitor the various aspects of your business, such as sales, customer satisfaction, and brand reputation. It will be useful for measuring your results, identifying trends, and determining which activities need more attention.

It can also be useful for charities, as it can reveal the success of the organization. This metric helps you compare different marketing initiatives against one another, making it easier for everyone to determine success or failure. It is also useful for tracking the performance of teams.

Accounting

The Gross Profit Margin shows how efficiently a company generates profit (https://en.wikipedia.org/Profit_margin). This metric is often calculated as a percentage. It indicates how much profit is generated for every dollar spent by the company. Moreover, it reveals how well the company is doing in terms of its future growth.

Current Accounts Payable is an important metric to monitor. This metric shows how quickly a business pays its suppliers. It can be broken down by project, division, or business department. In this case, it can be a good indicator of a business’s ability to handle long-term debtors.

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