This article describes the Executive Financial Dashboard that is included with Solver's SaaS model for users of the Microsoft Dynamics 365 Business Central ERP and Binary Stream's
Subscription Billing Suite
(SBS). It is part of a library of more than 150 ready-to-use reports, budget models and dashboard templates that Solver provides to SaaS companies as part of its cloud Corporate Performance Management (CPM) platform.
Unlocking Efficiency and Insight: The Power of Executive Financial Dashboards in SaaS Management
In the dynamic landscape of SaaS companies, where quick and informed decisions are paramount, the absence of accessible and insightful financial dashboards can hinder growth and efficiency. Often, these organizations find themselves mired in a web of manual Excel spreadsheets, impeding the timely dissemination of crucial business performance information. This is where a comprehensive Corporate Performance Management (CPM) solution, like Solver, steps in to revolutionize the way CFOs and executives navigate the financial intricacies of their businesses.Challenges Faced by SaaS Companies Without Executive Financial Dashboards
- Manual Spreadsheet Dependency: SaaS companies often grapple with the burden of manual Excel spreadsheets, leading to delays, errors, and a lack of real-time visibility into financial performance.
- Limited Self-Service Analysis: The absence of easy-to-use self-service financial dashboards leaves executives reliant on specialized teams for financial insights, hampering agility in decision-making.
- Data Overload and Discrepancies: Without a centralized platform, businesses are susceptible to information overload, making it challenging to extract meaningful insights promptly.
- Risk of Delayed Decisions: The time-consuming process of compiling and analyzing data manually increases the risk of delayed decisions, potentially impacting the company's competitive edge.
Benefits of Executive Financial Dashboards in a SaaS Setting
- Real-Time Visibility: Executive Financial Dashboards offer real-time insights into key performance indicators (KPIs), empowering decision-makers with up-to-the-minute data for informed choices.
- User-Friendly Self-Service: Solver's solution provides user-friendly self-service dashboards, reducing dependency on specialized teams and enabling executives to interact with and analyze financial data independently.
- Comprehensive KPI Monitoring: The inclusion of charts and variance indicators for essential financial KPIs, such as Revenue, Gross Profit, and Operating Profit, enhances monitoring and decision-making.
- Streamlined Reporting and Analysis: A centralized cloud solution streamlines reporting and analysis, eliminating the chaos of scattered data and ensuring consistency and accuracy.
About the Executive Financial Dashboard �
This Executive Financial Dashboard displays monthly trends for select financial KPIs in a tile style. The upper right corner of each chart provides YTD variances versus budget and the background color switches between red and green accordingly. The dashboard includes charts and variance indicators for financial KPIs such as Revenue, Gross Profit, Gross Margin, Operating Profit, Net Profit, Current ratio and Working Capital. The user can easily add additional KPIs to the dashboard. At the bottom of the dashboard is an easy-to-read tabular presentation of the KPIs with monthly, YTD and variances. For this and many other ready-to-use templates from Solver, visit our web-site Marketplace page.
Executive Financial Dashboard for Dynamics 365 Business Central � Pre-built SaaS Template from Solver
Why Choose Solver's CPM Solution?
As illustrated by successful implementations, Solver's CPM solution is not just a tool; it's a catalyst for transformation in SaaS financial management. The ready-to-use Executive Financial Dashboard, equipped with over 150 pre-built reports, dashboards, and budgeting templates, exemplifies the power and flexibility of Solver's approach. By opting for Solver, SaaS companies can mitigate the pains of manual spreadsheet dependency, usher in a new era of self-service analysis, and expedite decision-making through a unified cloud solution. The journey toward efficient financial reporting, analysis, and budgeting begins with Solver�a comprehensive solution designed to meet the unique challenges of the SaaS industry. Resources for Additional SaaS Reports, Dashboards and Budget Models For more information about all the SaaS templates from Solver check out these resources:- Take a self-guided tour of Solver
- Contact Solver for a personal demo or a quote
December 25, 2023
TAGS: report writer, subscription, D365 BC, dashboard, forecasting, analysis, budgeting, KPI, Financial KPI Dashboard, BI, Binary Stream, CPM, report, EPM, Subscription BIlling, SaaS, Corporate Performance Management, Budgeting Software, Microsoft Dynamics 365 Business Central, integration, business intelligence, SAAS company, SBS, Binary Stream Subscription Billing suite, SaaS KPI report, executive financial dashboard