Dashboards are a collection of graphs, charts, gauges or other visual representations that are used to monitor the levels of the selected KPIs. Scorecards are the performance management tool that compares strategic goals with results. In the world of performance management, these two terms are often confused and sometimes used interchangeably. Although they both aggregate data across business units and give the reader the opportunity to monitor performance, there are important distinctions to be noted between scorecards and dashboards. A major difference between them is that a scorecard focuses on a given metric and compares it to a forecast or target, whereas a dashboard will present multiple numbers in different ways.