Excel Dashboard and It’s Uses — Microsoft Excel
In this article, we will walk you through the fantastic journey of learning excel dashboard and along with that we also understanding it’s different flows of usage for any financial project that we make by using excel. Looking at raw data of a huge sheet/workbook is boring and is not understandable. Excel Dashboard is a powerful tool to compile and visualize data. It helps us get insights from data in single window. With this, we can analyze data easily and make
decisions based on it.
What is Excel Dashboard
Excel Dashboard is the summary of key metrics that helps in analyzing raw data and aids decision-making based on it. A dashboard usually has summarized tables, pies,
charts and graphs.
A dashboard can be defined as a data visualization tool that displays the status of metrics and Key Performance Indicators, simplifying complex data sets to
inform users of the current performance at a glance.
Uses of Excel Dashboard
- Collection of data and its summarization in an informative manner.
- Presentation of performance measure.
- Identification of negative trends for various periods.
- Ability to make more informed decisions based on collected data.
Conclusion
Finally, we will take a small drive of learning the excel dashboard and along with this approach, we also understand it’s different uses for different financial and accounting projects in a corporate market.
