This article is part 1 of an 8-part series on evaluating the best CPM tools for your business. Part 1 focuses on evaluating planning capabilities within the best budgeting and forecasting software applications. Â Planning software, used to streamline budgeting and forecasting processes, belongs to a software category typically referred to as Corporate Performance Management […]
What is a Profit & Loss Variance Report ? Profit & Loss (P&L) reports are considered perhaps the most popular monthly financial statement format and are used by executives and financial managers to review monthly results as well as variances against budget and prior year. Some of the main functionality in this type of report […]
What is a Direct Labor Safety Record Dashboard? Safety record dashboards are considered operational analysis reports and are used by safety and plant managers to monitor manufacturing safety metrics. Some of the main functionality in this type of dashboard is that it shows monthly trends for three KPIs: 1) Incidents reported, 2) Near incidents reported, […]
What is a Direct Labor Turnover Dashboard ? Employee turnover reports are considered workforce analysis tools and are used by human resource (HR) and plant managers to monitor key metrics for their direct labor teams. Some of the main functionality in this type of dashboard report is that it provides graphical workforce analysis of monthly […]
What is a Direct Labor Productivity Dashboard? Labor productivity dashboards are considered efficiency analysis tools and are used by production- and plant managers to analyze monthly trends in labor productivity as well as for benchmarking between plants. Some of the main functionality in this type of dashboard report is that it can be executed for […]
What is a New and Existing Customer Sales Dashboard? Customer sales dashboards are considered important revenue analysis tools and are used by sales managers and executives to analyze revenue streams from the biggest new and existing customers. Some of the main functionality in this type of dashboard report is that it can be run for […]
What is a Equipment Maintenance Report ? Equipment maintenance reports are considered operational analysis tools and are used by operations managers to review monthly hours spent maintaining equipment and to compare to the prior year. Some of the main functionality in this type of report is that it it lists months across the columns and […]
What is a Capacity Utilization Dashboard? Utilization analysis dashboards with comparative analysis are considered benchmarking tools and are used by operations managers to track utilization by plant and to easily see exceptions. Some of the main functionality in this type of dashboard report is that it it provides utilization analysis by individual plant and it […]
What is a Yield Variance Report? Yield reports are considered production analysis tools and are used by production- and plant managers to analyze actual versus standard yield and compare the variances across manufacturing plants. Some of the main functionality in this type of report is that it is parameter driven so the user can run […]
What is a Utilities Cost Dashboard? Utilities cost dashboards are considered operational analysis tools and are used by accountants and plant managers to analyze utility expenses by department and by month. Some of the main functionality in this type of dashboard report is that it benchmarks costs across departments and compares to budgets. The report […]
