These metrics provide an overall view of how the company is doing. Business Overarching KPI – Monthly Recurring Revenue, Grant Revenue, Grant Expenditures.Your dashboard viewers will want to know the cost of each new unit. Computation per Unit (Cost) – Average Cost per Student, Cost per Acquisition, Cost per Clinic, Contract Amount by Vendor, etc.Dashboard users want to know what the revenue is for adding on a new count to the above. Computation per Unit (Revenue) – Average Revenue per Customer, Average Tuition per Student, Average Revenue per Clinician, etc.An increase in customers, students, visits, or grants are all good things while a decrease may be a red flag. Dashboard users like to see these counts and know whether they are increasing or decreasing. Count – Number of Customers, Student Enrollment, Number of Visits, Number of Grants, etc.These usually fall into 4 categories of measures being tracked: Building the Dashboards – Components Break Down: Key Performance Indicators: Here are some industry/role specific samples to give your brainstorming sessions some direction. No idea where to even begin? That’s okay. If the purpose is weak remove it (or split into multiple grouped dashboards).īy the end of the strategy sessions you should have something like this:

Each component should serve a purpose and that purpose should be easily identifiable. Step 3: For each item in the list, brainstorm components for each of the things they want to track. Step 2: List out all ideas (put them in Excel or a Google Doc). Put yourself in their shoes and identify things you might want to know that would help you do your job better if you were them. Step 1: Interview the person you are building the dashboard for. Strategy:īecause dashboards are so easy to build, it’s easy to take the approach of building first, however you’ll be better off if you take a step back and plan. (For example each industry has some type of count – customers, student enrollment, visits, grants.) With that in hand, you’ll soon be well on your way to building your own company’s dashboard. You’ll come to find that while components by industry are certainly different, when you start to analyze the key data points each industry’s dashboard highlights, an easily identifiable set of themes lie behind each component. In this post we’ll give you a strategy for building dashboards and break out the methodology/science behind successful ones. Go ahead, order the chocolate cake (tell them you read it on a blog and it’s part of the dashboard building strategy) and then let’s get to building some dashboards!

Congrats! You’re ready to throw your team a party and order a cake! Of course, the moment you start dreaming about which flavor cake you’re going to order, that department manager and CFO pop your cake/party dreams requesting those dashboards they saw during the demo. All your history is loaded, you’ve closed your first month, produced beautiful financials, and now you get a chance to breathe. You’ve successfully gone live on Sage Intacct.

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