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These attractive dashboards give a reader-friendly overview of your company's objectives.
Small business owners often struggle to track their companies’ key performance indicators (KPIs) because of their packed schedules and limited time to dig into the right tools or reports. However, companies that monitor KPIs are much more likely to achieve profitable growth. Understanding how your business is performing — in terms of employee productivity, financial results or quarterly goals — is essential to knowing why your company is (or isn’t) meeting its growth targets. Managers must take the time to review the key metrics that matter most to their operations.
We’ll highlight 14 excellent tools that can help you monitor crucial KPIs, as well as explain what KPI tools are, how to choose them, and provide feature comparisons by business type to help you make the right choice for your organization.
KPI dashboard tools are digital platforms that automatically collect, organize and visualize key performance indicators from various business systems to help teams monitor progress toward their goals in real-time. These tools transform raw business data into meaningful, actionable insights through customizable dashboards, charts and alerts.
When selecting KPI software, focus on five key criteria that will determine the tool’s effectiveness for your organization:
For startups and small teams with limited budgets but growing data needs, these tools offer the best value:
Mid-sized businesses and agencies need tools that balance advanced features with scalability:
Large enterprises require robust platforms that can handle complex data requirements and multiple user roles:
Tool | Pricing | Key Integrations | Collaboration Features |
---|---|---|---|
Databox | $159-$999 per month | 130+ sources, Google Analytics, HubSpot, Salesforce | Real-time alerts, automated reports, team sharing |
Datapad | $16-$50 per person per month (free plan available) | 50+ sources, SQL, BigQuery, Google Ads, Facebook Ads | Chat-based AI assistant, unlimited users on Pro plan |
Looker Studio | $9 per user per project per month (free plan available) | Google Analytics, Ads, Sheets, BigQuery | Real-time collaboration, sharing via links |
SimpleKPI | $79-$99 per month | Zapier, Google Sheets, Excel | User roles, sharing, embedding |
HubSpot | $9 -$3,600 per month (free plan available) | Smart CRM, Marketing Hub, Sales Hub, Service Hub | All-in-one platform collaboration |
Scoro | $19.90-$59.90 per user per month | QuickBooks, Xero, Google Calendar, Dropbox | Project collaboration, unlimited widgets |
Klipfolio | $120-$690 per month | 140+ integrations | Dashboard sharing, email scheduling |
Geckoboard | $60-$399 per month | 90+ integrations including GA, Salesforce | TV-ready displays, team sharing |
Grow | Contact for pricing | Multiple data sources, drag-and-drop connections | Data blending, collaborative sharing options |
Asana | $10.99-$24.99 per user per month (free plan available) | Google Workspace, Jira Cloud, Dropbox, Salesforce | Card system, team assignments |
ThoughtSpot | $25-$50 per user per month | BigQuery, Salesforce, Google Sheets | Search-driven collaboration, Liveboards |
Tableau | $15-$115 per user per month | Salesforce, Excel, multiple data sources | Team collaboration, advanced analytics |
Power BI | $14-$24 per user per month (free plan available) | Microsoft 365, Azure, various connectors | Teams integration, automated reports |
Salesforce | Contact for pricing | Native CRM integrations, third-party add-ons | Pipeline management, team performance dashboards |
Understanding the distinction between free and paid KPI tools helps businesses make informed decisions based on their needs and budget.
Looker Studio leads the free options, offering unlimited dashboards and reports with no time restrictions. The platform includes 20 free data connectors, primarily for Google platforms like Google Analytics, Google Ads and Google Sheets. Users can create white-labeled reports, customize colors and remove Google branding without upgrading to the paid version.
Databox offers a free tier that allows users to explore the platform’s basic features. The free trial provides access to plan-specific features without requiring payment information. However, after the trial ends, accounts revert to a limited version with restrictions on creating new connections and building datasets.
Limitations of free tools include:
Paid platforms offer significant advantages for growing businesses:
The investment in paid KPI tools typically pays for itself through improved decision-making speed, reduced manual reporting time and better business outcomes from data-driven insights.
Here are a few reasons why setting and tracking KPIs is essential for business growth.
By setting and tracking KPIs, you can measure your performance against your goals, identify areas for improvement, and make strategic decisions to move your business forward.
“KPIs provide valuable insights that help inform decisions, allowing businesses to make more informed choices about how best to achieve their desired outcomes,” Tomas Keenan, founder of Step It Up Academy, told us. “Ultimately, having clearly defined KPIs in place helps businesses stay on track and remain competitive in the marketplace.”
Without clearly defined KPIs, it becomes difficult to measure progress or success, which, in turn, can lead to missed opportunities, reduced profits and decreased competitiveness.
A dashboard that combines different metrics gives you easy access to the information you need so you can spot problems or capitalize on new opportunities. For example, if you’re in a sales slump, tracking KPIs such as the number of calls made, appointments kept, or trade events attended can help you figure out what’s wrong and adjust your strategy. By monitoring these KPIs regularly, you can find the most effective path to boost sales and keep customers engaged on your website.
“Alternatively, suppose you have a fantastic concept for a new product,” said Brad Anderson, founder and CTO of Fruition. “Before launching it on a large scale, you may test it with a few clients and use KPIs to validate your business model. You may track the number of interested customers, the cost to support the new product, the net promoter score, the implementation time, the number of defects, etc.”
KPIs are like a company’s scorecard. Monitoring your vital indicators requires only a few key metrics. To drive results, focus on measuring what truly needs to change.
“I have discovered that it is essential to measure a few metrics for each of the four categories: employees, customers, processes and revenue,” said Sean Stevens, founder and CEO at Immerse Education. “These are disciplines associated with human resources, customer satisfaction, business processes and business strategy. First, ensure that you select the appropriate KPIs for your business; then determine who will be held accountable for them.”
Ryan Faber, CEO of Copymatic, noted that creating and tracking KPIs can help employees take greater responsibility for their work and results. “When employees are given clear, measurable goals to work toward, they can take ownership of their work and feel a sense of accountability for their performance,” Faber said.
Lauren Kubiak contributed to this article. Some source interviews were conducted for a previous version of this article.