Finance KPI Dashboard Excel Template

Specifically, a Finance KPI Dashboard Excel Template involves Financial Key Performance Metrics that help determine the condition and sustainability of your current financial model. So, let’s take KPI review as a health checkup for your business. To emphasize, if you regularly review your KPIs, then you will be able to spot potential problems before they become serious and take action.

On the other hand, with a financial dashboard in Excel, you will be able to see the strong parts of your business which gives you insight into the right moves.

Generally, all KPIs and also OKRs (Objectives and Key Results) serve to keep a business fine-tuned for financial success. So, for the Finance department, we can say that it becomes even more crucial to track Key Performance Indicators on a regular basis and to assess your business’s financial health.

What are the benefits of using a Finance KPI Dashboard?

• Firstly, it allows users to track financial data in an easy-to-use and visual format. This allows users to quickly and easily monitor the performance of various financial metrics.
• Secondly, the dashboard allows users to gain a holistic view of the overall financial health of the business. By being able to look at key performance indicators all at once, it enables users to make more informed decisions.
• Thirdly, the dashboard is also easily customizable to accommodate the user’s individual preferences.
• Lastly, users can quickly and easily collaborate on the dashboard with other stakeholders and have access to up-to-date and relevant data.

How To Create The Most Effective KPI Dashboard For Finance Department?

While creating a Finance KPI Dashboard the most important thing is to pick up the right performance metrics. Thus, we’re offering you a Ready-to-Use Excel Template which consists of:

• Key Financial Performance Indicators
• Trend Charts
• Previous Year and Target Comparisons
• Monthly and Cumulative Analysis

Finance KPI Dashboard Excel Template Features:

On the Dashboard, you will input the values Current Year Actual, Current Year Target, and Past Year Actual you would like to demonstrate. In this regards the navigation buttons are designed to make it easier to switch between other sections.

If you would like to add your own data or add a new row with a new KPI code, simply delete all dummy information we used for the sample.

Trends forming with the charts will allow you to understand how your key metrics perform by giving visuals. You can select one of the KPIs you need to see.

After you input all the figures into the Finance KPI Dashboard Template, the dashboard will present monthly and cumulatively results separately to provide a clear point of view for you. It will make it easier to interpret the past year and the company’s targets comparison

What Are The Right Financial KPIs?

In summary, we’ve collected the most commonly used KPIs in this Finance KPI Dashboard Excel Template:

1. Gross Profit
2. Gross Profit Margin
3. Operating Expense Ratio
4. Net Profit Margin
5. EBIT and EBIT margin
6. Accounts Payable Turnover Ratio
7. Current Ratio
8. Accounts Receivable Turnover
9. Accounts Receivable Turnover Ratio

In addition to this, you can add more KPIs if you prefer. Afterward, you input relevant values and analyze the results in a nicely designed dashboard that is supported by charts. Moreover, it shows monthly and cumulative results separately. Moreover, you will be able to see the comparison with last year’s figures and company targets.

Finally, thanks to this Finance KPI Dashboard, you will easily follow your critical performance metrics, make comparisons and stay on track!

Finance KPI Dashboard Excel Template Features Summary:

• Both monthly and cumulative analysis
• Comparison with Past Year and Target values
• Summary financial dashboard in Excel as well as interactive charts
• Easy to use and nice design to be used in presentations
• Plus, clear on-sheet instructions
• Compatible with Excel 2010 and later versions
• Works both on Windows and Mac
• No installation is needed. So, ready to use
• Additionally, fully print ready
• White Label
• Does not include any VBA macros