SoftGuide > Functions / Modules Designation > Key figure simulations

Key figure simulations

What is meant by Key figure simulations?

In software, metric simulation refers to the ability to simulate different scenarios and parameters to analyze impacts on metrics or key performance indicators (KPIs). This functionality allows businesses to evaluate potential changes or decisions before implementing them.

Typical Functions of Software in "Metric Simulation":

  1. Scenario Definition: Users can create and define different scenarios such as revenue growth, cost reductions, or market entry strategies.

  2. Parameter Adjustment: Adjust parameters such as sales prices, cost structures, sales volumes, etc., to examine their impact on metrics.

  3. Create Simulation Models: Build complex models that consider the dynamics and interdependencies of various metrics.

  4. Analyzing Simulation Results: Evaluate simulated results through graphs, tables, or reports to identify trends or critical decision points.

  5. What-If Analysis: Conduct what-if analyses to predict the impact of potential decisions or events.

  6. Compare Scenarios: Compare and contrast different scenarios to identify the optimal strategy or course of action.

  7. Integration with Other Systems: Ability to integrate with ERP systems, business intelligence (BI) platforms, or other data sources to enhance data quality and analysis.

  8. User-Friendly Interface: Intuitive user interface for configuring simulations and interpreting results effectively.

 

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The function / module Key figure simulations belongs to:

Statistics/Forecast

Simulation

Software solutions with function or module Key figure simulations:

sycat IMS Portal
 
 
 
 
 
 
All documents and processes in one central system - addressed and managed
ON BOARDING ASSISTANT (MR.KNOW)
Digital processes for onboarding
ADONIS
ADONIS
 
 
 
 
 
 
Business Transformation Suite - Business Process Management
SCALA
SCALA
 
 
 
 
 
 
Software solution for freight cost analysis, controlling and simulation
SERVICEPORTAL (MR.KNOW)
The solution for service companies, in-house service providers and site services
elKomBI
elKomBI
 
 
 
 
 
 
Controlling software for analysis, planning and reporting with IBM Planning Analytics TM1
SUPPLY MANAGEMENT (MR.KNOW)
Flexible mapping of complex processes during quotation preparation
WITNESS
WITNESS
 
 
 
 
 
 
More efficiency in production and logistics
HR PROCESSES (MR.KNOW)
HR PROCESSES (MR.KNOW)
 
 
 
 
 
 
Process automation in the HR department without programming
ORDER ASSISTANT (MR.KNOW)
Efficient and transparent order processing
Show all 24 programs with Key figure simulations