1. Data visualisation:
Dashboards provide a way to visually represent data using charts, graphs, and tables making it easy to understand as well as identify patterns, trends, and anomalies at a quick glance.
2. Real-time monitoring:
Dashboards often represent data in real-time or near-real time making monitoring those KPI metrics more efficient. This provides the organisation to respond to changes swiftly.
3. Customisation and interactivity:
The customisation for dashboards is flexible and can be tailored to a specific team or individual. Dashboards also offer an interactive experience by allowing users to drill down to get a better picture of what exactly is happening within the data using filters.
4. Improved decision-making:
Easy access to relevant data makes it easier for stakeholders to make informed decisions quickly. Thresholds can be put in place to highlight certain aspects that may require attention which assists the organisation in becoming more adaptive and responsive to their environment.
5. Efficiency and productivity:
Dashboarding provides a way to minimise manual analysis each time a question arises. It can be built once and re-used. Thus, reducing both time and effort and increasing efficiency and productivity within the organisation.