A Key Performance Indicator is a measurable value that demonstrates how effectively a company is achieving key business objectives. Organizations use KPIs at multiple levels to evaluate their success at reaching targets.
Overview
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Key Features
Understanding your vital KPI statistics can assist identifying ways to improve your business efficiency, streamline processes and increase profitability.
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The topics in this section provide information on the Key Performance Indicators feature of Readysell.
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KPI Definitions
Definition tab
Fields
| Field | Description |
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| Name | KPI name. |
| TargetObjectType | The type of business category the KPI is designed for.TypeT |
| Criteria | Specifies the Criteria Language expression that is used to calculate each measurement item based on theMeasurementFrequency property. The CurrentValue of the entire KPI instance represents the last measurement value. |
| Direction | The Direction { LowIsBetter, HighIsBetter } enumeration value specifies how to treat deviation from a previous measurement result. |
| ExpressionExpressionE | An expression that is used to evaluate KPI - Sum, Count, Avg, etc. |
| Range | The period to analyse. |
| Compare | The Boolean flag that indicates if current KPI values should be compared to previous values, calculated using the RangeToCompare period. |
| RangeToCompare | The past period to be compared with the Range. |
| MeasurementFrequency | The Range is split into intervals, and MeasurementFrequency specifies the size of each interval. For each interval, a KPI value is calculated. |
| GreenZone, RedZone | Specify the KPI value’s "green" and "red" ranges that can be used for visualization. You can defineConditional Appearance rules that take these values into account. |
Preview tab
In a Preview tab, the current KPI value and the collection of objects used to calculate KPI are available.
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KPI Scorecards
Fields
| Field | Description |
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| Name | Scorecard name |
Indicators Name | Name of the KPI |
| Period | Specified KPI range to compare |
| Current | Calculated current period value as specified in the KPI Expression e.g. AVG(Margin) |
| Previous | Calculated previous period value as specified in the KPI Expression e.g. AVG(Margin) |
| Change | Current versus Previous change expressed in percentage |
| Trend | Better, No Change or Worse |
| Sparkline | Visual representation of
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Buttons
Refer to Common Buttons.
| Button | Description |
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| Insert | Add KPI to Scorecard |
| Remove | Delete KPI from Scorecard |
| Clear KPI Cache | Cleaning outdated values from the cache |
| Show Chart | Show KPI results as chart |
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