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:

ON BOARDING ASSISTANT (MR.KNOW)
Digital processes for onboarding
ORDER ASSISTANT (MR.KNOW)
Efficient and transparent order processing
SERVICEPORTAL (MR.KNOW)
The solution for service companies, in-house service providers and site services
GFOS.Smart Manufacturing
Process optimization and cost reduction with modular MES software
Detact®
Detact®
 
 
 
 
 
 
Artificial intelligence for manufacturing process chains
RETAIL ASSISTANT (MR.KNOW)
Digital assistants and process solutions for retailers and suppliers
ITSM Process Library
ITSM Process Library
 
 
 
 
 
 
Standard process model of ITSM according to ITIL 4 and ISO 20000 in BPMN 2.0
MAILROOM PROCESSING (MR.KNOW)
Incoming mail processing that digitizes, classifies & processes in a process-oriented
bison.box
bison.box
 
 
 
 
 
 
Asset and portfolio management
ibo Prometheus
ibo Prometheus
 
 
 
 
 
 
Process management software BPMN 2.0, mapping of risks and controls, OHB
Show all 26 programs with Key figure simulations