To effectively manage any business, it’s crucial to keep a pulse on its vital signs. A good way to do this is by reviewing your Enterprise Resource Planning (ERP) dashboards. ERP dashboards cover different aspects of your business and provide a snapshot of how things are going. One day of the week that’s perfect for this review is Friday. Why Friday? This allows you to wrap up the week with a clear understanding of where things stand and plan for the next week. This blog post will guide you through 7 ERP dashboards you should review every Friday.

The sales dashboard is one of the most important ERP dashboards to review. It provides a snapshot of your sales performance for the week. You can see how many units were sold, revenue generated, customers acquired, and a lot more. For example, if you notice a decline in sales for a particular product, you could plan a promotion or marketing push to boost sales for the next week.

Keeping track of your inventory is crucial to avoid stockouts or overstocking. The inventory dashboard helps you monitor inventory levels, identify fast-moving products, and spot products that are not selling as expected. Reviewing this dashboard every Friday can help you make informed decisions about re-ordering or discontinuing certain products.

The financial dashboard provides an overview of your company’s financial health. It includes data on revenue, expenses, profit margins, and cash flow. By examining this dashboard every Friday, you can ensure there are no unexpected financial issues and that your business is on the right track financially.

Customer satisfaction is key to the success of any business. The customer service dashboard provides insights into customer satisfaction levels, common complaints, and overall customer experience. By reviewing this dashboard weekly, you can identify areas of improvement and take immediate action to enhance customer satisfaction.

The marketing dashboard provides insights into the effectiveness of your marketing efforts. It includes data on campaign performance, lead generation, conversion rates, and more. Reviewing this dashboard every Friday allows you to adjust your marketing strategies and plan for the upcoming week.

If you’re a manufacturing company, the production dashboard is a must-review. It provides an overview of your production processes, including production volume, efficiency, and downtime. By reviewing this dashboard weekly, you can identify bottlenecks and make necessary adjustments to optimize production.

The human resources dashboard is essential for companies that want to keep a pulse on their employees. It provides data on employee performance, satisfaction, turnover, and more. Regular review helps you ensure that your team is happy, productive, and aligned with your company’s goals.

Monitoring your ERP dashboards every Friday is a smart business practice. It allows you to stay on top of your business’s health and make informed decisions. Each dashboard offers a unique perspective, and together they provide a comprehensive view of your business. So, make it a habit to review these 7 ERP dashboards every Friday, and you’ll be well on your way to running a successful business.