The foundation of a solid growth strategy for any business is its Key Performance Indicators (KPIs). But are you still using Excel spreadsheets to track your key metrics?
KPIs are crucial for every business because they help quantify and track its objective by measuring the effectiveness of current operations and anticipating necessary decisions. But, determining which KPIs to consider requires analyzing countless data points generated throughout the business.
Unless your firm invests in complex data warehouse solutions or has a dedicated team to process large volumes of data, many crucial data points and potential KPIs might remain hidden.
Here are three tools that automate the analytics process and help visualize the most important KPIs for your business’s growth.
Geckoboard: Real-time dashboards to track your SMART goals
Trusted by renowned brands like Ikea, AirBnB and Sephora, Geckoboard helps businesses create live dashboards that highlight the most important performance metrics. This tool can pull data from 90 diverse data sources, features a drag-and-drop interface, and integrates easily with popular software like Excel, Google Analytics, and Salesforce.
Ideal for fast-moving firms that need to see their KPIs at a glance and require the flexibility to design their own visual dashboards, Geckoboard is one of the simplest and easiest-to-use KPI-tracking tools in the market.
SimpleKPI: For businesses just starting out
Looking for an all-in-one KPI tool for your small business and one that is free? Then SimpleKPI is the answer. With more than 1,000 companies using this tool to create interactive dashboards, shareable reports, and deep-dive data analysis, the tool’s user-friendly features help businesses streamline their operations.
SimpleKPI integrates with the Microsoft suite and other analytics tools and offers 24/7 customer support. With SimpleKPI, businesses can view their data from various perspectives.
Asana: Combining project management tools with KPI tracking
Chosen by 85% of Fortune 100 companies around the world, Asana is an AI-powered work management tool that seamlessly connects the workflow of different departments and allows KPI-tracking at the team and project level. Through a ‘card system’, management can create tasks and objectives and also assign team members to them. The cards help track individual progress, while the dashboard gives a tactical overview of the entire project.
These tools can transform how your business tracks and utilizes KPIs, leading to more informed decisions and sustainable growth.
