A key feature of Corporate Performance Management (CPM) software is its ability to visually present data via dashboards. This requirement mandates that dashboards have the capacity to render multiple tiles, each representing a unique set of data. This enables users to simultaneously monitor diverse data sets such as versions, various dimensions, or metrics, providing a comprehensive overview of the company's performance in one single view.
Scenario: A software company is required to provide a visual representation of their performance across 20 metrics to their stakeholders, including progress to goal for various scenarios. Producing the chart in Excel takes a week each month.
Solution: By utilizing a dashboard in their CPM system with multi-tile capabilities, each metric gets its own tile. For example, one tile displays new MRR growth over last month, while another tile shows projected to actual downsell for a rolling 3 months. These are produced automatically once new actuals are loaded each month, saving a week of work.
This is a basic feature, simply requiring that a dashboard work as a dashboard should, showing multiple charts and data on one screen. Most products do this, and often lead the demo with these are they are more attractive than leading with a dull looking sheet.