Using 36 Month KPI Trend Dashboards to Streamline the Monthly Reporting Process


How can Financial Dashboards Drive Faster and Better Decisions?

As CFOs increasingly become key players in the Monthly Reporting Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Financial Dashboards like the 36 Month KPI Trend Dashboard template shown below enables them and users from the leadership team to experience near real time financial performance analysis that help drive faster and better decisions.

Who uses 36 Month KPI Trend Dashboards and What are Some Key Analytical Features?

In today’s fast-paced business environment, CFOs are under high pressure to supply end users like executives and board members with timely and concise Financial Dashboards. Companies use key features like the ones below to support their users with effective analysis that helps drive faster and better decisions:

  • Side-by-side, annual trend comparison of three key balance sheet ratios
  • Monthly trends charts with budget and two years of history for revenue and profitability metrics
  • Automated full year estimate based on actual year-to-date plus budget/forecast for the remainder of the year

The 36 Month KPI Trend Dashboard template can be used as a key element of the Monthly Reporting process:

Example of a 36 Month KPI Trend Dashboard to Streamline the Monthly Reporting Process

Example of a 36 Month KPI Trend Dashboard to Streamline the Monthly Reporting Process

The 36 Month KPI Trend Dashboard is a ready-to-use Financial Dashboard from the Solver Marketplace.

A Brief Description of the 36 Month KPI Trend Dashboard Template

Financial Dashboards like the one seen in the image above are interactive and parameter driven and typically contain sections with current ratio, debt-to-equity ratio and debt-to-asset ratio analysis along with revenue, gross profit and EBITDA metrics. One of the important features that aid the user in the analysis process is the ability to select parameters such as year, period and company and immediately see charts update with analysis. 36 Month KPI Trend Dashboards are often used in conjunction with profit & loss and balance sheet dashboards, financial reports and planning models.

Data Integration to Transaction Systems

Most organizations these days want automated and streamlined planning, reporting and analysis. However, many of the benefits described earlier rely on best of breed Corporate Performance Management (CPM) tools and/or Business Intelligence (BI) capabilities as well as data marts or data warehouses that use pre-built integrations to the organization’s ERP system. Oftentimes, they also need integrations to other key data sources like CRM, subscription systems, payroll tools, etc.

Modern, cloud-based ERPs like Microsoft Dynamics 365 Finance (D365 Finance), Microsoft Dynamics 365 Business Central (D365 BC), Sage Intacct, Acumatica, Netsuite and SAP have robust APIs which allow for dynamic integrations to CPM and BI tools that are fully automated and flexible to run on a schedule or on-demand.

Additional Resources to Aid with Research of Templates, CPM and BI Tools