What can a smart dashboard include to enhance KPIs?

A smart dashboard is designed to provide a comprehensive visualization of key performance indicators (KPIs) and relevant data in a way that allows for quick insights and decision-making. To enhance KPIs effectively, a smart dashboard can include reports, snapshots, KPIs, and custom KPIs, which collectively help users to understand performance metrics at a glance.

Reports provide detailed insights into specific areas of the business, allowing users to analyze data trends and histories. Snapshots offer a quick view of the current status of various metrics, which is essential for real-time decision-making. Standard KPIs give benchmarks against which performance can be compared, while custom KPIs allow organizations to tailor the dashboard to meet their unique business goals and strategies. Together, these elements create a powerful tool for monitoring, managing, and driving business performance through clear, actionable insights.

In contrast, options that focus on statistical forecasting or automation tools do not directly enhance the visualization and immediate comprehension of KPIs within the dashboard context. Additionally, solely relying on third-party applications would limit the utility of the dashboard, as it would not incorporate the native reporting and KPIs that are integral to what makes a smart dashboard effective.