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Monitor real-time revenue streams and profit margins.

Staffing & Headcount Planning

Optimize staffing levels and employee allocation to balance workloads.

Bonus & Commission Distribution

Automate bonus and commission calculations based on real performance data.
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FP&A Automation Series

The Bonus Pool Dashboard

The Bonus Pool Dashboard, powered by Power BI and Power Automate, streamlines annual pool bonus management in real-time. It provides managers and executives with an optimal tool to accurately distribute available funds, incorporating secure hierarchy access levels. Leveraging our Process Intelligence Solutions, it ensures timely fund reallocations through automated submissions and approvals.
The Bonus Pool Dashboard
Core Features

Dynamic Filtering

Analyze data across various dimensions such as department, region, and time period.

$Tailor your analysis to specific segments, helping identify trends and performance metrics relevant to bonus distribution.

Comprehensive Data Views

Access a holistic view of your bonus pool data, including actuals, eligibility, and multi-year trends.

$Compare and analyze different periods and datasets for a complete bonus distribution overview.

Interactive Visualizations

Engage with your data through real-time updates and drill-down capabilities.

$Explore bonus pool data in depth, simplifying complex information and deriving actionable insights.

Integrated Bonus Analysis

Obtain a comprehensive analysis of all bonus metrics in one place.

$Integrate various data points for a detailed overview of bonus allocation and fund distribution.

The Benefits

Enhanced Bonus Tracking & Forecasting

Gain detailed insights into bonus distribution and future trends.

$Access accurate and timely information to make informed decisions and plan strategically for bonus allocations.

Improved Decision-Making

Leverage real-time data to make strategic decisions quickly and confidently.

$Access up-to-date information instantly, reducing time spent on manual data gathering and analysis.

Identification of Key Performance Drivers

Pinpoint the main factors driving bonus distribution.

$Focus on the areas with the most significant impact on your bonus allocations and optimize your strategies accordingly.

Comprehensive View

Achieve a complete overview of your bonus pool with comprehensive oversight of all key metrics.

$Monitor your bonus distribution closely, ensuring accuracy and consistency in reporting and analysis.

Value Proposition & ROI

Immediate Insights

Quickly access actionable insights for faster decision-making, reducing decision-making time by up to 30%.

Operational Efficiency

Streamlined data processes save time and reduce operational costs, cutting manual data handling by up to 40%.

Customizable Reporting

Tailor reports to specific needs for better clarity and relevance, improving report accuracy by up to 25%.

Informed Decision-Making

Identify and capitalize on growth opportunities for optimal resource allocation, improving overall efficiency by up to 15%.
Bonus Pool Dashboard

How It Works

From data collection to clean-up and full transformation in the implementation stage, we ensure accuracy and consistency, tailoring the solution to your needs with full customization, including your brand’s colors and logo.

Collection

Data Collection & Clean-Up

Gather, clean, and validate data from various sources for accuracy
Transformation

Process Automation Development

Automates bonus allocation & approval process with real-time status updates.
Process

Transformation & Optimization

Connect data sources, develop KPIs and metrics, and prepare for integration.
Launch

Plug & Play Deployment

Integrate optimized data into the dashboard for immediate insights.
Customization

Customization & Access Controls

Apply your brand’s elements & set up security access controls.
Support

Ongoing Support & Optimization

See our Model Support Levels packages for comprehensive support options.

Process Developments within The Bonus Pool Dashboard

During implementation, we streamline processes by reducing manual work through automation, resulting in improved planning accuracy, enhanced efficiency, and better strategic decisions.

g

Included Features

ZAutomated Submission of Bonus Allocation Requests
ZAutomated Workflow for Approval Routing
ZMulti-Level Approval Process
ZReal-Time Status Updates for Allocation Requests

Customization & Access Controls

We offer full customization of each pre-made dashboard at no additional cost. This includes integrating your brand’s color palette and logo seamlessly.

g

Included Features

ZColor Palette Integration: Align the dashboard with your brand’s colors.
ZLogo Integration: Feature your company’s logo.
ZAccess Controls: Manage user access levels.
ZKPI Customization: Tailor KPIs to your terminology.
Illustrations by Storyset

Ready to transform your Financial Planning & Analysis?

Contact us today to learn more about this Plug-and-Play Power BI Dashboard.
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Including ROI Estimation

Dashboard Components

Dashboard Components

The Dashboard Elements

The Bonus Pool Dashboard simplifies bonus calculations and distribution, with enhanced performance tracking and real-time data. Managers access team data, while employees view only their own securely. Below is a table summarizing the key elements, their focus areas, and the outputs they provide:

Element

Focus Area

Output

Element

The Overview

Focus Area

Comprehensive bonus overview

Output

Manager-level distribution insights, eligibility and merit info, prior years’ data, real-time updates.

Element

Employee Allocation

Focus Area

Individual employee bonuses

Output

Salary, compa ratio, performance ratings, merit info, live tracking of available and remaining funds.

Element

Manager Allocation

Focus Area

Managing multiple bonus pools

Output

Separate tabs for each manager's pool, fund allocation, reallocation options, submission status.

Dashboard Components

Dashboard Integrations: Process Intelligence Solutions

Powered by Power Automate, Process Intelligence Solutions enhance the Bonus Pool Dashboard by automating the allocation, notification, and reallocation processes. This ensures accurate tracking, timely processing, and improved efficiency and transparency.

Element

Focus Area

Output

Element

Automated Submission

Focus Area

Allocate Manager Bonus Pools

Output

Reviewers submit allocation forms directly from the dashboard, updating in real-time.

Element

Notification Workflow

Focus Area

Manager Notification

Output

Automatic notifications sent to managers about pool availability for review.

Element

Reallocate Funds

Focus Area

Fund reallocation requests

Output

Reviewers can reallocate funds to another reviewer, with multi-level approval if necessary.

Element

Status Updates

Focus Area

Real-time visibility

Output

Both requester and reviewer dashboards are updated in real-time with the status of requests.

Dashboard Components

Dashboard Elements

Bonus Pool Dashboard

The Overview

Summarizes total bonus allocations for each employee, including insights into distribution, compa ratios, available merit, and eligibility.

What it Shows

ZManager-level distribution insights such as compa ratio and performance ratings.
ZEligibility and available bonus and merit information.
ZPrior years’ distribution data.
ZReal-time updates on bonus allocations.

Client Benefits

ZComprehensive View: Detailed overview of all bonus metrics.
ZImproved Oversight: Easily monitor and manage bonus allocations.
ZStrategic Insights: Understand distribution, eligibility, and historical data.
ZEfficiency: Reduces time spent on data gathering and analysis.
ZReal-Time Data: Provides timely updates for quick decision-making.
The Bonus Pool Dashboard
Bonus Pool Dashboard

Employee Allocation

This view allows reviewers to submit their bonus and merit decisions, providing a comprehensive overview of all direct reports for comparison and informed decision-making.
The Bonus Pool Dashboard

What it Shows

ZIndividual employee bonuses, including current salary and compa ratio.
ZPerformance ratings and metrics.
ZEligibility and available merit information.
ZLive tracking of available and remaining funds for merit and bonus.

Client Benefits

ZSubmission Platform: Reviewers can enter current year bonuses directly.
ZComprehensive View: View all direct reports in one place for better decision-making.
ZPerformance Tracking: Monitor and evaluate employee performance metrics.
ZAccurate Calculations: Ensures fair and precise bonus distribution.
ZInformed Decisions: Access detailed performance, level, region, and historical data.
Bonus Pool Dashboard

Manager Allocation

This view allows higher-level managers to oversee and manage the bonus pools of their direct reports who also manage teams.

What it Shows

ZSeparate tabs for each manager’s pool.
ZTotal available funds for each pool.
ZAllocation and reallocation options.
ZSubmission status of each manager’s pool.

Client Benefits

ZHierarchical Management: Monitor and oversee multiple pools efficiently.
ZFund Allocation: Allocate and reallocate funds based on overall availability.
ZFull Visibility: Monitor the submission status & progress of each manager’s pool.
ZStrategic Allocation: Ensure fair and strategic distribution of funds across all levels.
ZEfficiency: Streamline management of multiple bonus pools with real-time updates.
The Bonus Pool Dashboard
Dashboard Components

Dashboard Integrations

Powered by Power Automate, Process Intelligence Solutions enhance the Bonus Pool Dashboard by automating bonus submissions, notifications, and reallocation processes. This integration ensures accurate tracking, timely processing, and improved efficiency and transparency.

Bonus Pool Management & Distribution Flow
This flowchart illustrates the integration of Power Automate and Power Apps within Power BI to automate bonus allocation submissions, notifications, and reallocation approvals, showcasing the process from submission to real-time status updates.

Automated Bonus Submissions

Employees can submit bonus allocation requests directly from their Bonus Pool Dashboard using a dedicated button.
The Benefits
Z
Efficiency: Reduces manual entries and minimizes errors.
Z
User-Friendly: Streamlined submission process.
Z
Security: Ensures that only authorized users can submit adjustments.

Features: Simple user interface, quick access, secure submission process.

Automated Submission Workflow

The submission triggers an automated workflow, routing the request to the appropriate approvers based on predefined criteria.
The Benefits
Z
Speed: Ensures requests reach approvers quickly.
Z
Consistency: Standardized approval process.
Z
Scalability: Handles high volumes of requests without delay.

Features: Automatic routing, criteria-based approval, real-time notifications.

Automated Approval Process

Requests go through a multi-level approval process if necessary. Approvers receive notifications and updates for actions required.
The Benefits
Z
Thorough Review: Ensures compliance with company policies.
Z
Accountability: Tracks who approved what and when.
Z
Flexibility: Adjusts approval paths based on request type or amount.

Features: Multi-level approvals, customizable approval paths, detailed tracking.

Automated Status Updates

Request status is updated in real-time and notifications & reminders are sent upon any status change.
The Benefits
Z
Transparency: Clear visibility of request status for all parties.
Z
Communication: Keeps all stakeholders informed.
Z
Timeliness: Immediate updates prevent delays.

Features: Real-time updates, notification system, status tracking.

Allocate Manager Bonus Pools

This flow involves reviewers filling out a form to allocate bonus pools to managers, sending notifications, and granting dashboard access for review.
Allocation Flow
[
Allocation Flow

Form Submission

Reviewers fill out a form to allocate manager pools.
Allocation Flow
[
Allocation Flow

Manager Notification

Notifications are sent to managers once the form is completed.
Allocation Flow
[
Allocation Flow

Dashboard Access

With the notification email, managers gain access to thier own dashboard for review.
Allocation Flow
\
Allocation Flow

Repeat Process

Process repeats until all pools are efficiently distributed.

Reallocate Available Funds to Another Reviewer

This flow allows reviewers to reallocate funds to another reviewer, requiring multi-level approval based on the amount and providing real-time tracking and updates to all impacted dashboards,
Reallocation Flow
[
Reallocation Flow

Fund Reallocation

Reallocate funds by pressing the “Submit Funds Reallocation” button.
Reallocation Flow
[
Reallocation Flow

Approval Process

Multi-level approval is triggered based on the amount.
Reallocation Flow
[
Reallocation Flow

Real-Time Tracking

Real-time status updates and notifications are sent upon approval/rejection.
Reallocation Flow
\
Reallocation Flow

Dashboard Updates

Dashboards of the submitter, receiver, and higher management are updated if approved.

Ready to Optimize Your Bonus Management?

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Bonus Pool Dashboard

Frequently Asked Questions (FAQ)

We provide clear and concise answers to each question to help potential clients understand our services.

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