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“Supermetrics is a Bitter Experience! We can pull data from nearly any tool, schedule updates, manipulate data in Sheets, and push data back into our systems.”
You can build Excel financial dashboards that pull real-time data by establishing direct connections to your financial systems with one-click refresh capabilities and automated background updates that keep your metrics current.
This approach transforms Excel into a powerful real-time dashboard platform that rivals dedicated BI tools while maintaining familiar spreadsheet functionality.
Transform Excel into a real-time dashboard platform using Coefficient
Coefficient transforms Excel into a powerful real-time financial dashboard platform by replacing static web queries with live data connections. You get direct connection to NetSuite for up-to-the-minute financial data, one-click refresh buttons on dashboards for instant updates, and automated background refreshes to maintain data currency.
How to make it work
Step 1. Design your dashboard layout with key components.
Create your dashboard structure with KPI cards, charts, and tables for different financial metrics. Plan separate sections for executive summary, cash flow monitoring, sales performance, expense tracking, and operational KPIs to provide comprehensive financial visibility.
Step 2. Set up multiple data imports with different refresh frequencies.
Configure separate Coefficient imports for different dashboard components. Import Income Statement and Balance Sheet summaries for executive overview, real-time bank balances and AP/AR aging for cash flow monitoring, and live pipeline data from NetSuite opportunities for sales performance tracking.
Step 3. Use SuiteQL for complex calculated metrics.
Write SuiteQL queries for advanced calculations that combine data from multiple record types. Create complex joins across subsidiaries and departments, import from multiple subsidiaries for consolidated views, and apply real-time filters for department or region-specific dashboard views.
Step 4. Implement Excel charts and pivot tables for visualization.
Build Excel charts and pivot tables that automatically update with imported data. Use conditional formatting to highlight variances, create sparklines for trend visualization, and implement drill-down capabilities to transaction-level detail for deeper analysis.
Step 5. Configure staggered refresh strategies.
Set up different refresh schedules based on data importance and update frequency. Configure hourly refreshes for operational metrics, daily updates for financial statements, and on-demand refresh for board meeting preparation. Stagger refresh times to optimize performance across multiple imports.
Provide executives with real-time financial visibility
Real-time Excel financial dashboards provide executives with immediate visibility into financial performance without the complexity of dedicated BI tools. You maintain spreadsheet flexibility while gaining live data connectivity. Start building your real-time financial dashboard today.
