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A report is a summary of data gathered from multiple sources and typically presented in a tabulated format.

Reports are usually created with the help of filters or are pre-defined when they are created. The advantage of a report is that users can have a granular access to the data via standard tools such as Excel.

Dashboards are visualizations created with a specific target group of users, department, or business segment.

The tables are graphical representations of the data found in reports. They help users interpret the data in a way users are accustomed with.

Dashboards can be updated either manually via the uploading of a new set of data or by automating the process via an established data pipeline.

Since dashboards are pre-defined visualizations it helps users to save time to move to the decisions making process based on data. The quote “A picture is worth more than a thousand words” says it all.

Both reports and dashboards are valuable depending on how they are used. Understanding what you users need and they make decisions will help you to choose the best solution.

SeizeBit are experts at helping your business optimize it’s supplier and vendor relations by removing the guesswork from assessing performance and pre-emptively flag potential issues.

We provide a range of services for Procurement and Supplier Management professionals:

  • Collaborate with your procurement department
  • Undertake complex calculations
  • Provide an overview of the forecasted purchase volume
  • Avoid a stockout for best sellers
  • Ensure you don’t miss out on sales trends and opportunities

Using a dashboard for data visualization creates presentable, actionable business insights from your raw data. A dashboard visualization helps connect data from disparate sources, to tell a story through the numbers.

Contact the SeizeBit team to know more and help you choose where to start.