Casino Comparison Dashboard for Hospitality Companies

    What is a Casino Comparison Dashboard ? Casino Comparison Dashboards are considered performance analysis tools and are used by executives and financial analysts to benchmark casino metrics. Some of the main functionality in this type of dashboard is that it provides six different perspectives, including: 1) Revenue per casino, 2) Monthly revenue trend, 3) Wagers per hour per casino, 4) Monthly wagers trend, 5) Average bet per casino, and 6) Monthly trend in average bets. You find an example of this type of dashboard below. Purpose of Casino Comparison Dashboards Hospitality companies use Casino Comparison Dashboards to enable performance benchmarking across the company's casinos. When used as part of good business practices in FP&A and Executive departments, a company can improve its growth strategies and revenues, and it can reduce the chances that any individual casino under- or overperforms without receiving proper analysis. Example of a Casino Comparison Dashboard Here is an example of a Casino Comparison Dashboard with monthly trend analysis and benchmarking of revenues, average wagers and average bets. [caption id="" align="alignnone" width="2560"] Example of a Casino Comparison Dashboard for Hospitality Companies  Example of a Casino Comparison Dashboard for Hospitality Companies[/caption] You can find hundreds of additional examples here Who Uses This Type of Dashboard ? The typical users of this type of dashboard are: CEOs, COOs, CFOs, casino managers. Other Reports Often Used in Conjunction with Casino Comparison Dashboards Progressive FP&A and Executive departments sometimes use several different Casino Comparison Dashboards, along with detailed revenue reports, revenue budgets and forecasts, annual budgets, profit & loss reports, KPI dashboards and other management and control tools. Where Does the Data for Analysis Originate From? The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others. In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions. What Tools are Typically used for Reporting, Planning and Dashboards? Examples of business software used with the data and ERPs mentioned above are:
    • Native ERP report writers and query tools
    • Spreadsheets (for example Microsoft Excel)
    • Corporate Performance Management (CPM) tools (for example Solver)
    • Dashboards (for example Microsoft Power BI and Tableau)
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    August 3, 2021