Dashboard Monitoring
The Entrepreneur and his Gut Feeling: For a long time, common sense and intuition were enough to ensure your business grew healthily. But now, as technology becomes smarter, more user-friendly, and more affordable, it’s essential for every ambitious entrepreneur to embrace digitalization. To stay relevant, you must continuously change and seize opportunities to improve and make your service more efficient.
Dashboard monitoring is one of the most important and relatively easy-to-implement solutions for entrepreneurs who want to grow or transform. In a way, dashboard monitoring is the signaling tool that sets your momentum for change in motion. If you set it up well, you’ll have sharp insights available anytime and anywhere, allowing you to quickly spot opportunities and threats and act accordingly. This way, you can steer your business forward with precision.
Twee verduidelijkende voorbeelden
The Coach company
The goal of a coach company is to offer 25% electric transportation by 2025. By setting clear KPIs, linking the fleet data, mileage records, and costs & revenues per coach from various databases, and then monitoring them, we can accurately track how much each individual coach is being used and what the associated costs and revenues are. This provides us with the necessary information regarding the tipping point at which a coach can be better decommissioned, and it also allows us to assess the progress of the desired transformation.
The Beach Pavilion Owner
A beach pavilion owner deals with (un)predictable peak moments, such as weekends and good weather. They aim to have the right staffing levels on the work floor and want to avoid purchasing too much or too little food. By linking non-financial data—such as weather forecasts and time slots (breakfast/lunch/afternoon tea/dinner)—to historical staffing and purchasing data, we can identify clear trends that help the entrepreneur make increasingly accurate predictions.
For Whom and When
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For SMEs that currently do not have a dashboard to steer their business.
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For SMEs that have a dashboard but are not deriving value from it.
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For businesses in rapidly changing markets.
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For entrepreneurs who feel that their organization is financially leaking.
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For startups & scale-ups aiming for fast and focused growth to the next stage.
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In disruptive circumstances that force you to transform your business model. Think of COVID-19, nitrogen emissions, and the circular sustainable economy.
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For companies seeking financing from banks. Applications are increasingly being assessed digitally and require insight into transactional and historical data.
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For companies where standard software solutions are no longer sufficient.
Dashboard Monitoring in 7 Steps*
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Analyze organization and market.
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Choose a solution (such as Visionplanner and PowerBI).
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Digitize standard management information (actuals, forecasts & projections).
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Define KPIs (financial and non-financial).
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Implement in the dashboard.
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Link non-financial data to operational business processes and integrate it into the dashboard.
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Predict and enhance using historical data/trends via Machine Learning & Artificial Intelligence.
*If desired, we can also provide these steps individually.
Why Qwestor
We know that almost every entrepreneur can benefit from Dashboard Monitoring, but recognizing the possibilities requires attention and experience. The acceptance of the solution within your organization is crucial for success. With our social skills, we guide you through the process, making a complex journey simple and even enjoyable. We expand the dashboard as the organization becomes accustomed to it, and the demand for more insights grows. This ensures that every investment in Dashboard Monitoring remains justified.