{"id":249015,"date":"2022-09-03T10:09:00","date_gmt":"2022-09-03T08:09:00","guid":{"rendered":"https:\/\/www.altermes.fr\/controlling-dashboarding-and-business-intelligence\/"},"modified":"2023-12-14T12:18:57","modified_gmt":"2023-12-14T11:18:57","slug":"controlling-dashboarding-and-business-intelligence","status":"publish","type":"post","link":"https:\/\/www.altermes.fr\/en\/controlling-dashboarding-and-business-intelligence\/","title":{"rendered":"Controlling, Dashboarding and Business Intelligence"},"content":{"rendered":"\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n<p>An essential management tool, the dashboard gives executives rapid, comprehensive access to the data they need to make decisions.<\/p>\n\n<p>Much more than a simple table, the dashboard often brings together different visuals (graphs, tables, etc.) to track KPIs (Key Performance Indicators).<\/p>\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n<h2 class=\"wp-block-heading\">The dashboard, a necessary management tool<\/h2>\n\n<p>Running a company without a dashboard is like piloting an airplane without navigation tools: you have no idea where you stand, you don&#8217;t know where you&#8217;re going, and you&#8217;re totally blind to potential problems.<\/p>\n\n<p>This didn&#8217;t stop the aviation pioneers or the first industrialists of the 19th century, but today it&#8217;s absolutely inconceivable.<\/p>\n\n<p>For complete and effective management control, there are 3 types of dashboards:<\/p>\n\n<figure class=\"wp-block-image aligncenter size-large is-resized\"><img decoding=\"async\" src=\"https:\/\/www.altermes.fr\/wp-content\/uploads\/2023\/07\/tableaux-de-bord-1024x683.jpg\" alt=\"\" class=\"wp-image-247851\" width=\"512\" height=\"342\"><\/figure>\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n<h3 class=\"wp-block-heading\">Operational dashboard<\/h3>\n\n<p>A short-term management tool, it enables you to manage the progress of action plans and ensure the smooth day-to-day running of your business.<\/p>\n\n<p><strong>Examples of indicators :<\/strong><\/p>\n\n<ul class=\"wp-block-list\">\n<li>Order book<\/li>\n\n\n\n<li>Delivery time<\/li>\n\n\n\n<li>Project follow-up<\/li>\n<\/ul>\n\n<h3 class=\"wp-block-heading\">The management dashboard<\/h3>\n\n<p>This is the management control tool par excellence, whose aim is to compare reality with budget forecasts. It enables the company to be managed over the medium term.<\/p>\n\n<p><strong>Examples of indicators :<\/strong><\/p>\n\n<ul class=\"wp-block-list\">\n<li>Sales figures<\/li>\n\n\n\n<li>Stock value<\/li>\n\n\n\n<li>Absenteeism<\/li>\n<\/ul>\n\n<h3 class=\"wp-block-heading\">The strategic dashboard (balanced scorecard)<\/h3>\n\n<p>In order to implement a long-term strategy, this dashboard must analyze the parameters essential to the company&#8217;s good health. The whole must be coherent and precise, so that the right decisions can be made.<\/p>\n\n<p><strong>Examples of indicators :<\/strong><\/p>\n\n<ul class=\"wp-block-list\">\n<li>Margin and profit<\/li>\n\n\n\n<li>Customer satisfaction<\/li>\n\n\n\n<li>Total payroll<\/li>\n<\/ul>\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n<h2 class=\"wp-block-heading\">A useful dashboard for the company<\/h2>\n\n<p>To be truly effective, a dashboard must take into account the specific characteristics of the company and be based on reality.<\/p>\n\n<h3 class=\"wp-block-heading\">Performance indicators tailored to your company<\/h3>\n\n<p>Of course, many KPIs are common to all companies (sales, salaries, etc.), but each sector and each company operates differently. For effective management, its particular features must be reflected in the dashboard.<\/p>\n\n<p>The choice of indicators is therefore a crucial stage, requiring the involvement of various departments, as well as external consultants.<\/p>\n\n<h3 class=\"wp-block-heading\">Correct, up-to-date data<\/h3>\n\n<p>It goes without saying that dashboard information must be real and up-to-date. Making decisions based on erroneous or outdated figures is the best way to lead your business to disaster!<\/p>\n\n<p>Yet this has long been one of the main problems with dashboards:<\/p>\n\n<ul class=\"wp-block-list\">\n<li>Numbers entered manually may be embellished, or fall victim to input errors.<\/li>\n\n\n\n<li>Data collection is time-consuming and analysis tedious. The indicators on the dashboard are likely to show a past situation that is several months old.<\/li>\n\n\n\n<li>Updating dashboards is time-consuming and resource-intensive.<\/li>\n<\/ul>\n\n<p>New technologies, the digitization of processes and the advent of Business Intelligence solutions make dashboards powerful, reliable and accessible to SMEs.<\/p>\n\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/www.altermes.fr\/wp-content\/uploads\/2023\/07\/70106-website-performance.gif\" alt=\"\" class=\"wp-image-247853\" width=\"320\" height=\"320\"><\/figure>\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n<h2 class=\"wp-block-heading\">BI solutions for effective management control<\/h2>\n\n<p>The benefits of Business Intelligence software for your company are numerous. They offer considerable gains in efficiency and precision, thanks to their automatic reporting capabilities.<\/p>\n\n<h3 class=\"wp-block-heading\">Reliable information<\/h3>\n\n<p>BI solutions access data directly. Their integration, homogenization and restitution is fully automated, avoiding any human error.<\/p>\n\n<p>Consequently, the figures presented in the dashboard correspond in every respect to reality. This enables a precise analysis, so you can make the best decision.<\/p>\n\n<h3 class=\"wp-block-heading\">Real-time results<\/h3>\n\n<p>Business Intelligence gathers information automatically and instantaneously. The computing power of the algorithms used means that data processing is immediate. Updating a dashboard therefore only takes a few seconds.<\/p>\n\n<p>This enables decision-makers to accurately monitor the company&#8217;s progress and instantly implement any corrective actions required.<\/p>\n\n<h3 class=\"wp-block-heading\">An infinite number of performance indicators<\/h3>\n\n<p>By definition, a dashboard should have a limited number of KPIs, so as to remain clear and easily comparable. However, it may occasionally be necessary to analyze a specific point in greater detail, in order to identify a bottleneck or an area for improvement.<\/p>\n\n<p>Before the advent of Business Intelligence solutions, this required the mobilization of many resources and was time-consuming.<\/p>\n\n<p>Today, software such as Qliksens<a href=\"https:\/\/www.qlik.com\/fr-fr\/\" rel=\"nofollow noopener\" target=\"_blank\">(https:\/\/www.qlik.com\/fr-fr\/)<\/a>, Power Bi<a href=\"https:\/\/powerbi.microsoft.com\/fr-fr\/\" rel=\"nofollow noopener\" target=\"_blank\">(https:\/\/powerbi.microsoft.com\/fr-fr\/)<\/a>, Tableau<a href=\"https:\/\/www.tableau.com\/fr-fr\" rel=\"nofollow noopener\" target=\"_blank\">(https:\/\/www.tableau.com\/fr-fr)<\/a> and many others allow you to quickly obtain this information via queries.<\/p>\n\n<p>Similarly, Process Mining algorithms can be used to analyze company processes to pinpoint bottlenecks. The data can then be included in reports for corrective action.<\/p>\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n<h2 class=\"wp-block-heading\">BI makes management control easier<\/h2>\n\n<p>Implementing a Business Intelligence solution will undoubtedly make it easier for you to manage and steer your company. You&#8217;ll have access to precise, up-to-date dashboards, with a wide range of indicators at your disposal.<\/p>\n\n<p>Choosing and implementing Business Intelligence software usually requires the support of a partner.<\/p>\n\n<p>The Alterm\u00e8s teams are made up of finance and business experts with many years&#8217; experience in management control, business intelligence, data analysis and corporate digitalization. We&#8217;re here to listen to you, to propose different solutions adapted to your company&#8217;s reality, and to help you implement them.<\/p>\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n<p>\ud83d\udc46 Want to know what <a href=\"https:\/\/www.altermes.fr\/en\/the-best-data-visualization-tools\/\">the best BI and data visualization tools<\/a> are!<\/p>\n\n<p>\ud83d\udcdeYou&#8217;d like to implement high-performance management dashboards within your company, <a href=\"https:\/\/www.altermes.fr\/en\/contact\/\">contact us!<\/a><\/p>\n\n<p>\ud83d\udd0eFind out more about our<a href=\"https:\/\/www.altermes.fr\/en\/technological-innovation\/\">innovative technology<\/a> solutions for finance departments!<\/p>\n\n<figure class=\"wp-block-image aligncenter size-large is-resized\"><img decoding=\"async\" src=\"https:\/\/media.giphy.com\/media\/lTAm1yuJYx9bLoKINu\/giphy.gif?cid=ecf05e47rr4gvfpzw8c1r9wson0vgi9cmoiov7fq60979nke&amp;rid=giphy.gif&amp;ct=g\" alt=\"\" width=\"208\" height=\"208\"><\/figure>","protected":false},"excerpt":{"rendered":"<p>An essential management tool, the dashboard gives executives rapid, comprehensive access to the data they need to make decisions.<\/p>\n","protected":false},"author":2,"featured_media":247852,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[53],"tags":[],"class_list":["post-249015","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digital-transformation"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.altermes.fr\/en\/wp-json\/wp\/v2\/posts\/249015","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.altermes.fr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.altermes.fr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.altermes.fr\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.altermes.fr\/en\/wp-json\/wp\/v2\/comments?post=249015"}],"version-history":[{"count":1,"href":"https:\/\/www.altermes.fr\/en\/wp-json\/wp\/v2\/posts\/249015\/revisions"}],"predecessor-version":[{"id":249016,"href":"https:\/\/www.altermes.fr\/en\/wp-json\/wp\/v2\/posts\/249015\/revisions\/249016"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.altermes.fr\/en\/wp-json\/wp\/v2\/media\/247852"}],"wp:attachment":[{"href":"https:\/\/www.altermes.fr\/en\/wp-json\/wp\/v2\/media?parent=249015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.altermes.fr\/en\/wp-json\/wp\/v2\/categories?post=249015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.altermes.fr\/en\/wp-json\/wp\/v2\/tags?post=249015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}