Blog > Dashboards

Benchmarking Dashboard

Harness the power of Lido and create a benchmarking dashboard for your company in under 5 minutes. Enter your details below to create a FREE account.

  • One-Click Data Import
  • Aggregate Data from Multiple Platforms
  • Visually Track Major Benchmarking KPIs
  • API Connections to all Major Business Platforms
100% FREE - No Credit Card Required
Lido dashboard

What is a Benchmarking Dashboard?

A Benchmarking Dashboard is a tool used by company executives to compare the performance of their company relative to direct competitors in their industry.

Why should you use a Benchmarking Dashboard?

  1. Gauge your performance in the market - you can assess your place in the market and identify your strengths and weaknesses
  2. Marks what is realistically possible - the performance of your competitors may be bounded by what is actually possible in your market
  3. Determine best practices - you will be able to identity what works best for your market and what you can adopt to improve your own performance
  4. Shifts focus from past performance to current standing - the process pushes you to more innovative thinking to further improve your performance
  5. Helps decision-making - Helps companies visualize their real time data so they can draw key insights and keep track of KPIs. 

Most Common KPIs to Include 

The KPIs to include depend on what part of your business you want to benchmark. Here are some suggestions for each function:

How to create a Dashboard with Lido

Step 1: Create Lido Account

Sign up through either Google authorization or by specifying a username and a password.

Step 2: Connect data sources to Lido

Clicking Data on the upper-left corner of Lido to select the source.

Follow the instructions on entering access info and selecting the data columns to import in the Dataset Editor. Once you have finished selecting your data, click Save dataset & edit view in the top right corner.  The data is now loaded to your Lido spreadsheet.

Step 3: Set up your dashboard

To set up the dashboard, you need to do two things. First is to set up the formulas for the metrics you want to include. The formulas generally work just like in Google Sheets.

After loading the data, click the Dashboard on the top of the Lido spreadsheet, then click the Components tab on the right side. Drag-and-drop components and add data to them. 

Once you have finished constructing your digital report, click Preview on the upper-right corner to see how it will look once deployed. 

Click Share to share your dashboard with others!

Click the Button Below to Try Lido for FREE!

  • One-Click Data Import
  • Aggregate Data from Multiple Platforms
  • Visually Track Major Benchmarking KPIs
  • API Connections to all Major Business Platforms
100% FREE - No Credit Card Required