SoftGuide > Functions / Modules Designation > Scorecarding

Scorecarding

What is meant by Scorecarding?

The term "scorecarding" refers to the method of evaluating and monitoring the performance of a company or individual departments based on specific metrics and performance indicators. A scorecard provides a structured overview of performance and helps measure and manage strategic goals. Scorecarding is often used within the framework of Balanced Scorecards to integrate and assess both financial and non-financial metrics.

Typical software functions in the area of "scorecarding":

  1. Metrics Dashboard: Display of performance metrics in clear dashboards for quick insight and monitoring of performance.
  2. Goal Tracking: Monitoring progress towards predefined goals and KPIs (Key Performance Indicators).
  3. Reporting: Generation of detailed reports that summarize and analyze performance at various levels.
  4. Trend Analysis: Analysis of performance trends over time to identify strengths, weaknesses, and development patterns.
  5. Benchmarking: Comparison of one's performance with industry averages or best practices to identify areas for improvement.
  6. Alerts and Notifications: Automated notifications for deviations or achievement of target goals.
  7. Integration with Other Systems: Linking with financial, HR, or ERP systems for comprehensive data integration and analysis.
  8. Flexible Reporting: Customizable report templates that accommodate specific user needs and preferences.

 

The function / module Scorecarding belongs to:

Methods / Optimizations

Software solutions with function or module Scorecarding:

Cosmino Panteo - PDA and MES software
elKomKONS
elKomPLAN
instantOLAP
myPARM - Multi-project management software
Q-impact
Voracity