Project Sales and Inventory Dashboards for Real Estate Companies

    What is a Project Dashboard for Real Estate Companies ? Project Sales and Inventory Dashboards are considered sales analysis and planning tools and are used by sales executives and project managers to monitor key sales, unit inventory and other metrics for real estate projects. Some of the main functionality in this type of dashboard is that it provides seven different perspectives for analysis, including: 1) Revenues from the top 10 projects with actual and budget comparison, 2) Monthly unit sales trend with actual and budget comparison, 3) Top five projects by month of stock, 4) Available units trend, 5) Sold units trend, 6) Top five projects based on monthly average speed, and 7) Monthly trend in added units. You find an example of this type of dashboard below. Purpose of Project Dashboards Real Estate companies use Project Dashboards to give managers a clear picture of sales and inventory for the units in the real estate projects. When used as part of good business practices in Sales and Financial Planning and Analysis (FP&A) departments, a company can improve its strategic decisions and grow revenues, and it can reduce the chances that important trends or variances are missed with resulting delay in decision-making. Example of a Project Dashboard Here is an example of a Real Estate Project Dashboard with sales and inventory metrics and trends. [caption id="" align="alignnone" width="2560"] Example of a Project Sales and Inventory Dashboards for Real Estate Companies Example of a Project Sales and Inventory Dashboards for Real Estate Companies[/caption] You can find hundreds of additional examples here Who Uses This Type of Dashboard ? The typical users of this type of dashboard are: Executives, project planners, sales managers, agents, project managers, financial analysts, budget managers. Other Reports Often Used in Conjunction with Project Dashboards Progressive Sales and Financial Planning and Analysis (FP&A) departments sometimes use several different Project Dashboards, along with project status reports, sales reports, sales dashboards, profit & loss reports, balance sheets, cash flow statements, KPI dashboards, financial dashboards, forecasts, budgets 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)
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