financial dashboard solution


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A financial dashboard solution is a management tool that helps you track all your relevant finance KPIs, manage your cash effectively, and track expenses, sales, and profits in detail to meet and exceed a department’s or company’s financial objectives.

Financial professionals and departments are under greater pressure than ever before to deliver timely insights, clear and reliable financial reports and drive the company’s performance higher. A company can quickly grasp and measure all data accurately and in real-time using financial dashboard solutions. They help finance professionals validate figures faster and dig deeper into financial details as needed, increasing productivity and, ultimately, providing a stable financial environment. Data at your fingertips, rich analysis options from a single point of access, and financial KPIs with integrated intelligent alarms that detect anomalies immediately create limitless options and eliminate time-consuming traditional data analysis and reporting methods.


Here are 5 professional financial services dashboards designed for different roles and levels within the finance industry or department:


Cash Management Dashboard

This financial dashboard solution gives you an overview of your liquidity and current cash flow situation, as well as a strong indication of how you can improve these metrics by optimizing processes related to accounts payable and receivable. It provides a detailed overview of the quick ratio, current ratio, cash balance, and outstanding debts.  


First, the cash management dashboard looks at your current and quick ratios. The current ratio measures a company’s liquidity and ability to pay short-term liabilities (debt and payables) with short-term assets (cash, inventory, receivables). This KPI is simply the ratio of current liabilities to current assets and shows your company’s ability to use the money immediately for acquisitions or debt repayment. This financial dashboard solution helps you immediately ensure that your company has the financial flexibility it needs to survive and thrive. To fulfill your obligations, you should always aim for a ratio greater than 1:1. 


Quick ratio presents a more conservative view of liquidity by removing inventory and other less liquid assets from the short-term assets used to meet liabilities. If you have a lot of inventory in your current assets, your acid test ratio will be much lower than your current ratio. Like the current ratio, a quick ratio greater than one indicates that your company’s most liquid assets can cover its current liabilities. Both ratios in this financial dashboard solution are greatly influenced by your accounts payable and accounts receivable turnover, which measure how quickly you pay your own bills and how quickly you collect your owed payments.


Last but not least, our financial dashboard solution provides immediate visualization of your current accounts payable and receivable situation in real-time. It lets you quickly reflect on your current expenditures and money to be collected to ensure that no payments remain outstanding for too long and that payments you owe do not put you in arrears. The accounts receivable information is broken down for a year at the bottom of the dashboard, allowing you to analyze payment and debt collection patterns as they relate to your current and quick ratios, the two litmus tests of your enterprise’s financial liquidity and stability.


Financial KPI Dashboard


Our next financial dashboard solution provides a general overview of the most important key performance indicators (KPIs) you can apply to any financial department or business that needs stable and proactive management and operational processes. This dashboard was created with the help of financial analytics software to answer critical questions about a company’s liquidity, invoicing, budgeting, and overall financial stability. Let’s take a closer look.


The financial dashboard solution starts with an overview of your current working capital, including current assets and liabilities. This data will tell you immediately if your company is liquid, operationally efficient, and financially healthy in the short term. If your working capital is remarkably high, you have the potential to invest and grow. On the contrary, you are more likely to go bankrupt if your current assets do not exceed your current liabilities.


Profit And Loss Dashboard


This financial dashboard solution provides an easy overview of the income statement, from revenue to net profit, enhanced by relevant performance ratios. The finance dashboard is built around four key financial indicators: gross profit margin, operating profit margin, and net profit margin. The information at your fingertips can also be used to reveal month-to-month trends in the OPEX ratio and its constituent subcomponents, as well as year-to-date statistics on earnings before interest and taxes (EBIT). Finally, the financial dashboard summarizes the four financial category subcomponents of the overall income statement.


We start with revenue, which is influenced by the selling price and number of units sold and is shown without considering other expenses or taxes. Subtracting the cost of goods sold generates your company’s gross profit and earnings after expenses. The costs that your company incurs because of its normal business operations are referred to as OPEX. These “unavoidable” costs are inevitable in any business operation but must be fully understood. This financial dashboard solution focuses on the OPEX for sales, marketing, information technology, and general and administrative expenses. Other income and expenses, such as those incurred from restructuring and currency exchange, are also included in the P&L statement.  


This profit and loss dashboard, next to the profit and loss statement, shows important performance metrics that describe the profitability of your operations and the health of your business. When comparing these KPIs across companies, remember that the figures may vary greatly across industries. However, this is a standard method of evaluating financial company performance, so comparisons can be made equitably and reliably. With this financial dashboard solution, you have this important information at your fingertips for real-time monitoring, which can help you take the right actions at the right time.    


The gross profit margin is the percentage of total sales revenue after all direct costs involved in producing your goods or services have been deducted. It indicates the extent to which your efforts in this company, such as investments and R&D, are actually contributing to profit. The operating profit margin, also known as the EBIT margin, is calculated by dividing your EBIT by the revenue generated during the same period. The net profit ratio indicates how well your company converts revenue into profits – how much of every penny generated is retained as profit in your company. The net profit ratio is an excellent metric for assessing the performance of investments, market fluctuations, and other operational factors. 


CFO Dashboard


CFOs are next on our list of the best financial dashboard solutions (Chief Financial Officers). They usually focus on high-level metrics that extend beyond a purely financial focus, such as employee or customer satisfaction metrics, as demonstrated in our visual example.    


This financial dashboard solution focuses on 4 primary areas that CFOs may find relevant and interesting: costs, sales goals, gross profit, and levels of customer and/or employee satisfaction. You can connect to another dashboard easily and add specific areas of interest such as market indicators, investor relations, customer analysis, cash management, etc. The top left of this financial dashboard solution displays key metrics such as revenue, gross profit, EBIT, operating expenses, and net income. Thus, every CFO will have a clear picture of the financial performance during the first quarter of the year. You can see how you performed according to your goals. Then you can easily dig deeper, start asking questions, and analyze why this happened to avoid similar scenarios in the future.  


Finally, you can check the bottom part of the dashboard to see details on employee and customer satisfaction levels, as well as a 3-month trend. These are unconventional metrics, but every modern CFO must monitor satisfaction levels because lower values can lead to additional financial difficulties.    


Financial Performance Dashboard


Our final financial dashboard solution provides an overview of how efficiently you spend your capital as well as an overview of the key metrics on your balance sheet. It divides your return on assets (ROA), working capital ratio (WCR), return on equity (ROE), and debt-equity ratio into four visualizations (DER). These four key performance indicators show an immediate understanding of the company’s asset management. The balance sheet breakdown shows how your current assets (cash, accounts receivable, inventory) and long-term assets, as well as your total liabilities, are depicted by the two subcomponents of current liabilities and shareholder equity.   


This financial dashboard solution provides valuable information about your company’s capital structure. The debt-equity ratio measures how much debt is used to finance assets and operations compared to equity. You calculate it by dividing your total liabilities by the equity of your shareholders. Return on assets and, more importantly, return on equity are key figures of the stock market when evaluating your company as an investment opportunity. The greater a company’s debt, the greater its ROE compared to its ROA.


This financial dashboard solution closely monitors these two ratios to ensure that you can maintain real-time control over these important financial aspects of your business. Allowing these ratios to rise unchecked is a recipe for disaster, as it can result in unexpected losses, bankruptcy, and the loss of a client base or assets. Also, return on assets is an important indicator for potential investors and a crucial litmus test for your company’s success. Companies having a low return on assets have a difficult time attracting investors. Shareholders and investors will also be aware of your return on equity, which represents how much money your company will return on their investments. Keep a close eye on these important aspects of your company’s progress with this financial dashboard solution to ensure its long-term viability and success.

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