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Performance Management Software: Dashboard & Scorecard Features
Dashboards have been established as highly effective business intelligence tools. Dashboards can be monitoring-oriented or analysis-oriented and are a foundation of performance management software.
Interactive Dashboard
InetSoft's dashboard software uses a visualization-driven approach to enable rapid deployment of self service business dashboards. They are business user-driven and offer strong analytic functions. The key advantages are:
- Monitor, explore, and analyze and drilldown into details
- Easy to use, modify, and create
- Leverage user-driven data mashup
- Suitable for executive dashboards and power-user exploration
Dashboards empower business users with an intuitive monitoring and analytic environment resulting in enhanced business performance, using the information stored within their performance management system. Within an executive dashboard, statistics and data for the company as a whole can be closely monitored by the people who need to know.
Portlet Dashboards
The JSR-168 standard defines a Web portal composition structure where “portlets” can be assembled on a single Web page. InetSoft enables reports to act as standard compliant portlets. The built-in portlet engine allows business users to assemble report portlets to form dashboards. The key advantages to portlets:
- Standards compliant and integration ready
- Ability to utilize IT designed, business logic driven portlets
- Drag-and-drop layout
Scorecards
As in all performance management software applications, scorecards are a well-defined method for monitoring, measuring, and managing performance by tracking metrics. The InetSoft Scorecard consists of a list of key performance indicators (KPIs) that compare current performance data against goals, quotas, and target trends. The scorecard also incorporates information on what action to take if the specified goals are not met. The key advantages are the added capacities for:
- Exception-based management
- Actionable business intelligence
- Exception alerts for associated KPI
Scorecards are an optimal solution for tracking dashboard metrics, centralizing all the KPIs that would be included in a business or executive dashboard.
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