What is a Loan Performance Dashboard for Banks?
Loan Performance Dashboards are considered operational analysis tools and are used by executives and loan officers to monitor approval and default trends and comparisons. Some of the main functionality in this type of dashboard is that it provides analysis from eight different perspectives including: 1) Monthly trend in total loan applications and loans approved versus declined, 2) Loans approved by product, 3) Monthly trend in loan defaults, 4) Loan approval count by branch, 5) Loan default count by branch, 6) Loan approval amount by branch, 7) Top five loan default count by branch, and 8) Top five loan default amounts by branch. You find an example of this type of dashboard below.
Purpose of Loan Performance Analysis Dashboards
Banks use Loan Performance Analysis Dashboards to give leaders an easy way to monitor loan trends and benchmark metrics across bank branches. When used as part of good business practices in Executive-, Loan- and Financial Planning & Analysis (FP&A) departments, a bank can improve its loan strategies and offerings, and it can reduce the chances that poorly designed policies leads to excessive loan defaults.
Example of a Loan Performance Analysis Dashboard
Here is an example of a Loan Performance Dashboard with monthly trends and branch comparisons.
You can find hundreds of additional examples here
Who Uses This Type of Dashboard?
The typical users of this type of dashboard are: Executives, CFOs, Loan Managers, Analysts, Regional Managers, Branch Managers.
Other Reports Often Used in Conjunction with Loan Performance Analysis Dashboards
Progressive Executive-, Loan- and Financial Planning & Analysis (FP&A) departments sometimes use several different Loan Performance Analysis Dashboards, along with detailed and summary loan reports, profit & loss reports, balance sheets, cash flow statements, budget models, forecasts 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)
Corporate Performance Management (CPM) Cloud Solutions and More Examples
- View 100’s of reporting, consolidations, planning, budgeting, forecasting and dashboard examples here
- View a Bank industry white paper and other industry-specific information here
- See how reports are designed in a modern report writer using a cloud-connected Excel add-in writer
- Discover how the Solver CPM solution delivers financial and operational reporting
- Discover how the Solver CPM solution delivers planning, budgeting and forecasting
- Watch demo videos of reporting, planning and dashboards