Traditional ERP Systems are merely Transaction Management Systems. They store the static data (Masters) and use that data to help an organization perform day to day business transactions. Based on thousands of such transactions across the company, the management generates reports from the system, which help them run the business. Business decision makers often had to work with data that was days or even weeks old. This lack of real-time information led to frustrations and the inability to make timely and effective decisions. However, modern ERPs are dashboard driven and ERP dashboard gives user easy-to-understand data, visually intuitive graphical representation of key business performance metrics that can be easily accessed by users.
Modern ERP Systems like ebizframe ERP, have shifted to a new paradigm of dashboards based working for everyone. The moment a User logs in, he/she gets information pertaining to the performance indices of his/her functional area, the tasks at hand, all alerts and his/her graphical analytics in just a glance. All this has been achieved by the introduction of ‘User Dashboards’.
It imports the key data from the basic ERP modules and creates useful graphs based on the user preference. These graphs are real-time and allow users to analyze the behavior of particular functional areas related to him/her. Also, on an ERP Dashboard, a user can see documents that are pending for completion or pending for his/her approval or pending for approval from other users. Apart from that, the reports that are frequently used also appear on the User Dashboards which enables users to have a quick access to meaningful data. There is no need for users to go to the report section, in order to run reports. In effect, this is a Proactive Dashboard which pushes users to their actionable and at the same time keep them on their toes by showing them their KPIs as well as information which affects their KPIs.
To measure the performance of Critical Business Parameters, information tickers like stock tickers, cash position tickers, revenue tickers are present on a User Dashboard. These tickers can give users an idea about the behavior of particular KPIs over a specific comparison period. E.g. in a Finance Dashboard, users can get an idea of the Current Cash Position/ Revenue Numbers of saying the current quarter with that of the previous quarter or the same quarter of the previous year or for this month vs last month. The comparative analytics allow users to see if they are up (Green) or down (Red).
The User ERP Dashboard can also give users an access to social media. Any inputs from social media that are relevant to a user’s business are also captured on the Dashboard. Business Alerts pertaining to events which a user should be aware of, also form a part of the Dashboard.
Thus, ‘User ERP Dashboards’ not only helps organizations in doing transactions, but it makes mission-critical metrics available to organizations in real-time and gives them information where their business stands at a given point in time so that they can take quicker and better decisions.Also read : Harness the Power of Business Intelligence