Dashboards – The Latest Buzzword or Helpful Tool?
- Author Nate Rodney
- Published November 15, 2010
- Word count 517
When claims personnel shop for a new Claims system, they will often inquire about a Dashboard function. Is this because it is the latest buzzword or can it be a useful productivity tool? Business Intelligence Systems (BIS) involve both Integration and Visualization. Presentation of data in a dashboard format provides a graphic visualization of information that can be more easily absorbed by the end user. Thus, a BIS Dashboard performs a similar function as a car’s dashboard: it reports a large volume of data graphically, so decisions can be more quickly responded to. Some business pundits dismiss the need for dashboards and may view them as simply "eye candy" for executives and managers. This would suggest it is more of a fad being promoted by vendors to make their products more competitive by appealing to the decision makers in the organization that may not even be end users themselves.
However, a well designed and implemented Dashboard can enhance the system’s overall effectiveness and ease of use by presentation of complex relationships and performance metrics in a format that is easy to interpret. It would serve to significantly shorten the learning curve and therefore increase effectiveness. When metrics are presented in a graphical format, trends become more apparent.
Dashboards can meet the needs of both claims handlers and management alike. The Dashboard can provide a simple business view where management personnel can configure their Dashboard to look at certain trends in the data and be able to drill down to view the supporting detail data for that exposure. Thus, it becomes a decision accelerator that can even unite data from different core areas. Administrators can then in turn offer a client access to a dashboard to view their data. The dashboard could be configured to restrict access to only those areas selected by the claims administrators, yet offer flexibility in the configuration of the dashboard display and the level to which they can expose more detailed data. Risk and Claims organizations can use this technology to make more effective decisions with regard to risk, safety, and operational issues.
Management and supervisory personnel can use Dashboard information to compare workloads and effectiveness of their staff by monitoring Dashboard metrics. It provides real time analysis of critical performance measures in accordance with organizational goals.
Claims handlers, on the other hand, would be focused at the claim level and want to be reminded of time critical tasks (such as diary) and would be able to view their caseload at a glance. A well-designed dashboard utility would provide the ability to drill down to access actual items that are in need of their attention. Thus a properly deployed Dashboard can provide a multi-dimensional perspective of key performance metrics to monitor and evaluate staff performance, which translates into overall claim handling efficiency, containment and adjustment of loss and expense costs, and improvement of claims administration.
In the final analysis, it appears as though use of effective Dashboard functions can enhance the overall claims experience for executives, clients, management, supervisors, and actual claims handlers alike. The bottom line is improved customer satisfaction.
JDi Data Corporation has provided insurance claims software since 1992. JDi Data offers web based workers compensation software and also claims systems to administer property, casualty and general liability claims. JDi Data has built a reputation in quality claims management software with special emphasis on specialty lines and complex litigation.
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- Strange, Surreal, and Spectacular: A Day at Ripley's Believe It or Not! Pattaya"
- 🌴 "Beyond the Beach: Top Adventures in Pattaya, Thailand for 2025"
- Awakening the Inner Self: A Journey Guided by Mala Beads and Sacred Spaces
- Echoes of Resistance: The Unyielding Spirit of Rome, Open City.
- Cary Grant: The Quintessential Leading Man and His Tumultuous Love Life.
- Rooted & Refined: A Home Where Two Histories Meet
- The Devil You Know: Scorsese, De Niro, and the Chilling Reinvention of Cape Fear.
- Vittorio De Sica: The Heartbeat of Italian Neorealism.
- Is Staying in a Luxury Hotel Really Worth the Cost?
- How the IRS Is Changing and Why You Need a Tax Attorney Now More Than Ever
- Scarface: The Rise, Fall, and Legacy of Tony Montana.
- Chilling at Jomtien Beach: A Perfect Day in Pattaya
- 🌴 InterContinental Pattaya Resort: A Luxurious Beachfront Escape
- ✈️ International Airlines Operating to Thailand in Off-Peak Season 2025
- A Personalized Aesthetic: Where Antiques Tell the Story of Your Home
- ✈️ Ultimate Skincare Essentials for Long-Haul Flights: Stay Fresh at 35,000 Feet
- 🌴 Essential Preparations to Make Before Going on Holiday
- Why Traveling Overseas During Off-Peak Seasons Might Be the Smartest Move You'll Make
- Anthony Quinn: The Eternal Outsider Who Became a Legend.
- Off-The-Beaten-Path Experiences and Things to Explore in Rural Thailand
- 🌍 20 Different Kinds of Hotels to Experience at Least Once
- Top Things to Do in Pattaya Beach, Thailand: Your Ultimate Travel Guide
- Exploring the Final Frontier: The Legacy of Star Trek and Its Iconic Cast.
- How to deal with losing clients as a freelance web developer?
- Lighting Specialists Ready to Assist You at our Brampton Location
- Telly Savalas: The Cool Rebel Who Redefined Toughness in Hollywood.
- Moody Vibes Only: Statement Pieces
- The King Beyond the Spotlight: Unveiling the True Elvis Presley.
- Where Soul Meets Space: Curating with Character
- Cinematic Titans: Inside the Billion-Dollar Club.