You cannot measure the success of your business and make sound decisions without concrete sets of data. Thus, you need an analytics solution to monitor, analyze, evaluate, and visualize your company’s key metrics to see how your business is performing and how it was able to meet (or failed to meet) your set targets. You can do just all that with the help of KPI dashboards.
If you’re looking for an effective tool that helps you collate and report large sets of data, you’re at the right place! DownloadCloud offers you only the best choices of KPI software products in the market!
12+ KPI Software
1. Visual KPI
9. Rally KPI
11. Google Data Studio
12. SAP Lumira
What Is KPI Software
If you want a quick preview of your company’s performance, well-being, and expected growth, having a KPI software tool can help you a lot. Key Performance Indicator (KPI) software lets you collect, manage, analyze, and visualize your business’s essential metrics. The data are typically entered manually or automated from existing databases and third-party applications, then, they will be displayed on dashboards and reports.
Using KPI dashboards, you can take a look at your business’s success indicator in real-time and make informed decisions to achieve long-term goals.
Using KPI software in managing your business’s key performance metrics gives you a lot of benefits, ranging from uncovering critical business issues to getting an in-depth insight into how each data drive the business forward. KPI software helps you cut costs and save more time as it lets you add specific parameters into an existing dashboard template without having to look for old spreadsheets or presentations.
Another benefit of using KPI dashboards is that it helps you harmonize your departments. This is especially important as you connect information between them in order to make sustainable business strategies.
Moreover, one very important advantage of using KPI software is that all metrics are collected and stored in a single safekeeping where you can perform data analysis. This implies easier cross-departmental communication while managers keep their business at the top of the game.
Each KPI software product has its unique set of features. Nonetheless, when you’re looking for an excellent choice, be sure to check these important characteristics:
– is easy to understand and use
– collects and calculates data in a way that they are verifiable
– is responsive to change
– must be statistically valid
– allows data input within a reasonable time scale
– must be usable by service managers to influence the performance measured
Top 10 KPI Software
Scoro allows users to oversee every aspect of their business on one or several dashboards and monitor projects and financial KPIs in real-time.
Scoro has 113 employees and generates a revenue of $15.7M per year.
Datapine’s interesting feature is that it discovers new relationships and detects trends to take the guesswork out of your business decisions.
Datapine currently has 28 employees and generates $5M in revenue.
InetSoft offers top-notch analytic dashboard and software features backed by data mashup with great data scalability. InetSoft makes $24M in revenue and has 132 employees.
Tableau was founded in January 2003. The company makes 1.2 billion USD in revenue and has 4,181 employees.
The interesting part about SimpleKPI is that lets users tailor their dashboards and reports to their branding. SimpleKPI generates $3M in revenue and has 18 employees.
Smartsheet links with third-party apps to allow you to deliver powerful data visibility and insights using the tools you already use. Smartsheet’s company size holds 1,588 employees and makes $270M in revenue.
Bilbeo was founded in 2012 to provide scoring and advanced data visualization solutions to auto-populate business dashboards with intuitive drill-down capabilities.
Bilbeo has 26 employees and makes $5M in revenue.
8. Target Dashboard
Target Dashboard consolidates all information, making the software proactive — able to deliver essential information and drive growth.
Databox automates client reporting, uses data to drive retention, and identifies upsell opportunities. The company size of Databox holds 27 employees. Databox makes $5M in revenue.
Top features include rapid analytics, ad-hoc visualization, prototyping mockups, and security and data governance. InfoCaptor’s most interesting feature is that it lets users embed dashboard or individual widgets live on any web page.
InfoCaptor has 6 employees and generates $1M in revenue.
When Can We Say That Our KPIs Are Good?
A good KPI provides objective evidence of progress towards achieving the desired result. Not just that, if the KPI measures the key metrics needed to make sound decisions and offers a comparison that gauges how the performance change over time, then it’s also a good KPI.
Is/Are There Any Difference(s) Between Metrics and Measures?
Metrics and measures can be related to each other. However, they are actually two different terms. A measure is a discrete, quantitative description, such as the amount or degree, of something. On the other hand, metrics describe the quality of something and require a baseline measure.
Which Companies Use KPIs?
No matter the size and sector, all organizations use KPIs to help them set and achieve goals.
No matter what KPI dashboard option you choose, the key is to focus on the core metrics that will help you make informed business decisions. Another important point is to keep your KPI dashboard clean, simple, and focuses on better decision-making, and improve business performance.
14+ Best Order Management Software for Windows, Mac, Android 2022
14+ Best PDF Editor Software for Windows, Mac, Android 2022
11+ Best Digital Ad Intelligence Software for Windows, Mac, Android 2022
12+ Best Workforce Management Software for Windows, Mac, Android 2022
17+ Best Sales Compensation Software for Windows, Mac, Android 2022
16+ Best Package Tracking Software for Windows, Mac, Android 2022
14+ Best Camp Management Software for Windows, Mac, Android 2022
15+ Best Service Desk Software for Windows, Mac, Android 2022
14+ Best Child Care Software for Windows, Mac, Android 2022
15+ Best Software Asset Management Software for Windows, Mac, Android 2022
14+ Best Unified Endpoint Management (UEM) Software for Windows, Mac, Android 2022
13+ Best Digital Governance Software for Windows, Mac, Android 2022
11+ Best Disk Cleanup Software for Windows, Mac, Android 2022
17+ Best Church Management Software for Windows, Mac, Android 2022
11+ Best Waste Management Software for Windows, Mac, Android 2022