What is meant by key figure templates?
The term "KPI templates" refers to predefined models or templates used for capturing, calculating, and reporting key performance indicators (KPIs) within companies. These templates serve as standardized tools to measure and compare the performance of business processes, projects, or departments. They facilitate consistent and efficient data collection and analysis, making decision-making easier and increasing transparency across various business areas.
Typical software functions in the area of "KPI Templates":
- Template Management: Provision and management of standardized KPI templates that can be tailored to different business needs.
- Customizable KPIs: Ability to modify predefined KPI templates to meet specific requirements or industry standards.
- Automated Calculation: Automation of data collection and calculation based on the established KPI templates.
- Reporting: Creation of standardized reports based on the KPI templates that can be used for internal and external stakeholders.
- Dashboards: Integration of KPI templates into dashboards to provide real-time visual representations of KPIs.
- Benchmarking: Use of KPI templates to compare performance against industry benchmarks or historical data.
- Access Control and Permissions: Managing access to specific KPI templates and reports to ensure data security.
Examples of "KPI Templates":
- Financial KPIs: Templates for calculating revenue, profit, EBIT, EBITDA, and cash flow.
- Quality KPIs: Templates for tracking defect rates, return rates, or cycle times in production.
- Customer Satisfaction: Templates for KPIs like Net Promoter Score (NPS) or Customer Satisfaction Score (CSAT).
- Employee Performance: Templates for evaluating productivity, absenteeism rates, or employee satisfaction.
- Project Management KPIs: Templates for monitoring project costs, schedules, and resource utilization.
- Supply Chain KPIs: Templates for analyzing supplier performance, such as on-time delivery or quality defects.