Manage my business Finance Dashboard
Finance Dashboard: Income statement, Cash flow, Working capital, Operational plan variances, CapEx, Strategic investments, BalanceSheet, Treasury
WHY WORKING WITH LINTAO FOR YOUR FINANCE DASHBOARD
- LinPack for Tableau: online service to generate stunning Tableau dashboards
- LinPack for Qlik: Ready-to-use Dashboards (100% customizable)
- Excellent understanding of finance stakes
- Pre-defined KPIs and analytical axes for finance dashboards
- Multiple references in designing and building finance dashboards
- Ready-to-use data visualizations for finance dashboards
- Experienced Staff expert in dashboarding solutions
- Expertise in Data Visualization
CONTEXT & CHALLENGES
Profit and loss account, cash flow, working capital, operational project deviations, capital expenditure, strategic investment, balance sheet, human capital costs and revenue… These are some of the functions performed by financial companies or that depend on the expertise of the Chief Financial Officer within an organization. Keeping an eye on all of these things at once is no easy task. However, this is what is required in order for a company to take appropriate decisions and ensure its financial security.
Achieving equilibrium in all areas (financial, strategic and human) involves a huge amount of work that can be a source of stress. This is why continuous monitoring with a specially designed financial dashboard, which challenges all areas of the company’s finances, is essential for sound business operations and healthy staff. Work performed steadily and calmly, instead of rushed to meet deadlines, always ensures better quality output and working relations.
Furthermore, in the current economic climate, the pressure of competition is even greater. It is therefore essential to control and manage your company’s finances more stringently, with a sharp focus on each detail, in each area of the organization.
FINANCE GOALS AND OBJECTIVES
CapEx and Strategic investment
Budgeting / Forecasting / Business Planning
Cash flow and Working capital
Statutory & Regulatory Reporting
In a difficult economic climate, the aim is to optimize and plan ahead, as far as possible, for all expected and unexpected costs, and to monitor all data in real time, division by division, and department by department. The fully customizable financial dashboard can help you to:
Provide a concise, but accurate view of how well a division or individual department is performing
Deliver a picture of your trends, predictions, and performance using your current accounting data
Improve decision-making by providing organizations with better visibility into the factors that drive revenues, costs
Monitor performance across the entire business starting with a general overview of expenses and revenues, and allowing drill-down to transactional detail, trend analysis
Improve financial performance by tracking operational and financial data by business driver and proactively take corrective action and ensure budget compliance
Optimize cash flow through detailed accounts receivable, accounts payable, and inventory analysis
Allow other functional units to understand product or customer profitability and how staffing costs and employee or supplier performance correlate with increased revenue and customer satisfaction
Key Performance Indicators are used to measure the realized progress towards a strategic objective.
For a Finance dashboard, here is a sample list of KPIs Lintao recommends (non exhaustive list):
A/R Balance (€/%)
Revenue Growth Rate (%)
Return on Asset (%)
Net Cash Flow (€/%)
Actual vs Plan Variance (€/%)
Net Sales (€)
Fixed Costs (€/%)
Variable Costs (€/%)
Distibution Costs (€/%)
Sales per Head
Operating Profit / EBIT (€/%)
Gross Profit (€/%)
Net profit (€/%)
… or your own Finance KPIs
FINANCE ANALYTICAL AXES
The axes of analysis represent the elements by which you want to segment your observable information (such a KPIs) to understand the rationales behind a given performance. Also called ‘dimensions’.
For a Finance dashboard, Lintao identifies the following axes of analysis (non exhaustive list):
… or your own Finance analysis axes
EXAMPLE OF A KEY DATA VISUALIZATION FOR FINANCE
Financial data visualization presenting how the accounting balances have been evolving across time.
More details on this data visualization here.