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Improve Business Productivity with Excel Dashboard

Learn How to Improve Business Productivity with Excel Dashboard?

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Improve Business Productivity with Excel Dashboard

In This Article:

Whether you own a small or big business, you need an excel dashboard. It will help you evaluate and make informed decisions to improve your business. You can track daily business performance with your excel charts on the dashboard. When you organize your business in excel charts, you can monitor your business. You can also visualize data and other activities in your company.

How to Prepare a Dashboard in Microsoft Excel

● Prepare your data and transfer it to Microsoft Excel

● Prepare a dashboard file on your workbook

● Insert data on tables

● Evaluate your data

● Create the excel data dashboard

You will have a clear excel chart with the information you wish for your business. Microsoft charts communicate differently concerning your business. You can improve the performance of your business with excel charts.

Excel Dashboard Input in Business Productivity Improvement

With an excel chart, you will;

1. Visualize data

If you have data to be used on excel charts, turn words into meaningful drawings. You can use percentages on charts to show the progress of your business.

It is easy to explain information in an image to your potential customer. The image speaks louder than empty words.

If you understand data visualization on excel charts persuade your client about your business. That way, they will understand and promote your business hence improving productivity.

2. Discover Trend

Microsoft Excel comes with powerful technology that enables you to identify trends. If you relate your excel charts with information, you can discover the areas you need to improve in your business. It could be that your business needs your time, investment of money, or other resources.

On the other hand, you can predict your business destination using your current excel data dashboard.

If you know how to data visualization, excel tools help you to evaluate your data and draw a conclusion. You can also Sankey Diagram in excel to find the flow of your data to evaluate the loop holes in your strategies.

3. Track business from Anywhere

We have the current Microsoft excel with advanced features. Microsoft excel 365 for productivity helps you access the information you need. You can also share the information with a client if you have an online meeting.

You need to access reliable networks and a computer to connect to the internet. The excel data dashboard will help you to access your business information.

Microsoft Excel has shortcuts that help you to save time when performing work. If you know excel shortcuts will save time and make more profits.

The shortcuts are as follows;

● If you want to monitor your data fast, long press the Ctrl key, then you can press the left or right arrow key. If you walk through your worksheet while holding the Ctrl key, press the up or down arrow key.

● Page up or down while holding the Ctrl key helps you move through your spreadsheet

● If you want to edit your content in a cell, press the F2 key.

● The shift key and spacebar help you to highlight your row. The same case applies to column highlighting, hold the shift key and click the space bar at once.

4. Easy Planning

With excel charts, you can monitor the planning of your business. If you need to schedule work for employees, the worksheet can help you do that.

You can avoid typing the whole formula in full by using the tab key for the automatic display. You can type a word that will facilitate the appearance of the possible results. The tab key will help you to select the formula, but first, use the up and down key to see the information you want.

You can quickly assess the formula appropriate to give the unknown answer.

● Use your formula to select cell

● Click F2

● Click the Shift key and Arrow to highlight your preferred formula

● Click F9 to show the formula

● Press enter key to keep the formula.

You can monitor the resources of your company with excel charts. You can schedule your meeting on the data dashboard to manage conference resources. You can update your excel charts to show any changes. Your employees can make the necessary adjustments.

5. Monitor Business Sales

Sales contribute to the growth of an enterprise. The goal of a company is to ensure customer receive their products.

Excel has a custom list incorporated into the system. Dragging one value leads to the appearance of the other. For example, January, February, and all months of a year are in Microsoft excel.

When preparing your production excel charts, you can customize your list. If you have ten similar products on your excel dashboard, add them to the custom list.

Here is what you should do;

● While on excel, move to preferences, then custom list

● Enter your new products on the left pane

● Press Add button to make your new custom list.

The excel charts determine sales progress. The data in the dashboard also helps to predict future sales.

You can program sales monitoring according to your specific time frame. It could be in a day, a week, or a month with data visualization knowledge. Your sales could increase or decrease depending on your advertisement. If you want to market for a month, the excel data dashboard will help you know the progress of the sales.

6.Define Business Operations

For consistency in business sales, you need to define the processes in the business. The excel charts will help you with the tools incorporated in Microsoft excel.

You can use format painters to keep what businesses need with data visualization. You can choose from two options of format painting, but one is slow.

First, any time you want to prepare a report, format your work with fonts, sizes, borders, and other formats. This is to ensure your work match the previous one. This is one way, but slow.

Second, you can use Format painter, a recommendable and fast way. You already have what you need on your cell. Highlight it whenever you want to copy and use the paintbrush Format button in the Home ribbon tab. To transfer your data to the desired cell, click on the cell to apply the copied formatting.

The formatting becomes automatic if you double-click the painter on selecting it.

Conclusion

Using an excel dashboard is essential in improving the productivity of your business. You can acquire excel skills to help you draw an excel data dashboard. The charts should correspond to your business data. That way, you can monitor the performance of your business.

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This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.
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