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Example of a CFO Dashboard for Banks

What is a CFO Dashboard for Banks?

CFO Dashboards are considered financial analysis tools and are used by CFOs and financial managers to monitor trends and budget variances for key financial metrics. Some of the main functionality in this type of dashboard is that it provides graphical analysis of eight different metrics, including: 1) Actual versus budgeted revenues by product, 2) Monthly revenue trend, 3) Actual and budget revenue comparison for departments, 4) Monthly expense trend, 5) Actual and budget revenue comparison by branch, 6) Monthly profit trend, 7) Top products by revenue, and 8) Bottom products by revenue. You find an example of this type of dashboard below.

Purpose of CFO Dashboards

Banks use CFO Dashboards to enable financial leaders to look beyond classic financial statements in their analysis. When used as part of good business practices in Financial Planning & Analysis (FP&A) departments, a bank can improve its expense control and profitability, and it can reduce the chances that any important outliers or trends are detected too late for corrective decisions.

Example of a CFO Dashboard

Here is an example of a Bank CFO Dashboard for actual and budget comparisons and trend analysis.

Example of a CFO Dashboard for Banks

Example of a CFO Dashboard for Banks

You can find hundreds of additional examples here

Who Uses This Type of Dashboard?

The typical users of this type of dashboard are: CFOs, Analysts, Product Managers, Budget Managers.

Other Reports Often Used in Conjunction with CFO Dashboards

Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different CFO Dashboards, along with 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

Example of a CFO Dashboard for Credit Unions

What is a CFO Dashboard?

CFO Dashboards are considered financial analysis tools and are used by CFOs and financial managers to monitor trends and budget variances for key financial metrics. Some of the main functionality in this type of dashboard is that it provides graphical analysis of eight different metrics, including: 1) Actual versus budgeted revenues by product, 2) Monthly revenue trend, 3) Actual and budget revenue comparison for departments, 4) Monthly expense trend, 5) Actual and budget revenue comparison by branch, 6) Monthly profit trend, 7) Top products by revenue, and 8) Bottom products by revenue. You find an example of this type of dashboard below.

Purpose of CFO Dashboards

Credit Unions use CFO Dashboards to enable financial leaders to look beyond classic financial statements in their analysis. When used as part of good business practices in Financial Planning & Analysis (FP&A) departments, a company can improve its expense control and profitability, and it can reduce the chances that any important outliers or trends are detected too late for corrective decisions.

Example of a CFO Dashboard

Here is an example of a Credit Union CFO Dashboard for actual and budget comparisons and trend analysis as well as actual to budget comparisons.

Example of a CFO Dashboard for Credit Unions

Example of a CFO Dashboard for Credit Unions

You can find hundreds of additional examples here

Who Uses This Type of Dashboard?

The typical users of this type of dashboard are: CFOs, Analysts, Product Managers, Budget Managers.

Other Reports Often Used in Conjunction with CFO Dashboards

Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different Financial Dashboards, along with 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

Example of a CFO Dashboards for Banks

What is a CFO Dashboard for Banks?

CFO Dashboards are considered financial analysis tools and are used by CFOs and analysts to track trends and key performance metrics. Some of the main functionality in this type of dashboard is that it provides financial analysis from nine different perspectives: 1) Actual and budget revenue by product, 2) Monthly actual and budget revenue trend, 3) Revenue by comparison by product, 4) Actual and budget revenue by department, 5) Monthly actual and budget expense trend, 6) Revenue comparison by department, 7) Actual and budgeted revenue by branch, 8) Actual and budget monthly profit trend, and 9) Revenue comparison by branch. You find an example of this type of dashboards below.

Purpose of CFO Dashboards

Banks use CFO Dashboards to give financial executives a clear picture of KPIs that drives the health of the business. When used as part of good business practices in Financial Planning & Analysis (FP&A) departments, a company can improve its financial performance and speed up related operational decisions, and it can reduce the chances that top level metrics are missed during financial analysis.

Example of a CFO Dashboard

Here is an example of a CFO Dashboard with revenue, expense and profit trends and budget comparisons.

Example of a CFO Dashboards for Banks

Example of a CFO Dashboards for Banks

You can find hundreds of additional examples here

Who Uses This Type of Dashboards?

The typical users of this type of dashboards are: Executives, board members, CFOs, analysts, branch managers.

Other Reports Often Used in Conjunction with CFO Dashboards

Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different CFO Dashboards, along with consolidated and branch-level profit & loss reports, balance sheets, cash flow statements, detailed operating dashboards, and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from loan management software and 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

Example of a CFO Dashboard for Healthcare Providers

What is a CFO Dashboard for Healthcare Providers?

CFO Dashboards are considered financial analysis tools and are used by CFOs and analysts to monitor key financial metrics. Some of the main functionality in this dashboard is that it provides analysis from eight different perspectives, including: 1) Actual and budgeted revenues by GL account, 2) Top 5 expenses – actual and budget, 3) Revenue by facility – actual and budget, 4) Accounts receivable (AR) – monthly trend, 5) Revenues – monthly trend with actual and budget comparison, 6) Expenses – monthly trend with actual and budget comparison, 7) Actual and budgeted expenses by facility, and 8) Bad debt – monthly trend. The user can filter on month and year on the top of the dashboard. You find an example of this type of dashboard below.

Automate Your Healthcare Operations

Purpose of Healthcare CFO Dashboards

Healthcare organizations use Healthcare CFO Dashboards to track financial trends and budget variances. When used as part of good business practices in Financial Planning & Analysis (FP&A) departments, an organization can improve its decision-making speed, and it can reduce the chances that key financial issues goes undetected longer then necessary.

Example of a Healthcare CFO Dashboard

Here is an example of a CFO Dashboard for healthcare providers with financial trends and budget comparisons.

Example of a CFO Dashboard for Healthcare Providers

Example of a CFO Dashboard for Healthcare Providers

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, analysts, controllers.

Other Reports Often Used in Conjunction with Healthcare CFO Dashboards

Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different Healthcare CFO Dashboards, along with profit & loss reports, balance sheets, cash flow statements, annual budgets and forecasts, AR aging reports, bad debt reports and other management and control tools.

Solver for Healthcare Providers

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)

Automate Your Healthcare Operations

Corporate Performance Management (CPM) Cloud Solutions and More Examples

This article concludes the “Customize Budgeting Reports” series.


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