A KPI or Key Performance Indicator is a measurement that evaluates the performance of a business activity. It measures the success of a company at reaching its operational and strategic goals on different performance aspects. KPIs can be high-level, monitoring the global performance of a business, or more low-level, focusing on processes‘ or individual’s performance. No matter which department you are in, KPIs are vital to grasp the status of your business to make the right calls. How can you tell which KPIs are relevant?

Which are going to help you and which will cause distraction? KPIs help managers gauge the effectiveness of their functions, processes, campaigns and actions.

Download the top Excel dashboard templates for free, including KPI, project management, sales management, and product metrics dashboards. A dashboard report is a powerful tool for meeting business objectives, displaying vital company data in a one-page layout. Creating An Excel Dashboard (Explained with Examples & Templates) An Excel Dashboard can be an amazing tool when it comes to tracking KPIs, comparing data points, and getting data-backed views that can help management take decisions.

They are essential to ensure you are on track to reach organizational goals. Make informed decisions with datapine. We help you cut through the noise and see the actionable data you need. Control the act of accessing, visualizing and reporting data with our first-class interface. Monitor your most significant KPIs in one place, obtain a comprehensive overview of your business and make more informed decisions. It isn’t always easy to find the right performance indicators that will fit your department or activity.

The objective is always to determine those that communicate progress in the most meaningful way. We have identified the KPI examples that are most relevant for each, specific. Take advantage of our metric library and KPI templates to identify and visualize the metrics that are most important to your area of business. Below you will find the links to over 250 visual KPI examples and templates with recommendations for action and relevant showcase dashboards. Once you have set up the right KPIs, datapine provides you a comfortable, clean interface to keep an eye on them. Our software helps you to get rid of the time consuming process of constantly having to log into databases, cross-referencing information and pulling out data from third party applications to make sure you are always up to date.

Your KPIs can be accessed in real-time, from anywhere, at any given time. We make sure that you always have the most relevant figures in front of you, whenever you need them. An enterprise-grade user management combined with several sharing concepts and scheduled automated reports empower everyone in your company to have constant access to relevant KPIs and make more informed decisions. Let datapine help you to reinforce a real data driven culture. Key performance indicators (KPIs) are sets of quantifiable measures that can be used to determine how effectively a company is achieving its key business objectives, thus evaluating its progress or success at reaching strategic and operational goals.

Depending on which part of the business you would like to analyse, you have to select different KPIs. For example, if you want to track the financial performance of your company, you might use the ratio. If you would like to analyse the performance of sales, you might use the.

From this example it is obvious that KPIs represent detailed specifications that are used to analyse the objectives of the organization. It is essential to select the right KPI for a previously specified target in order to measure success. Since these indicators measure performance against a specific target, they help a company, department or manager to instantly react to any events that might impact the business. They also help the company to focus on a common goal.

Obviously there are many types of KPIs, depending on the specific target and the best indicator to measure it. The broadest distinction is to separate the different types into nonfinancial. The second refers to all indicators that have to do with the cash flow, debt and assets of a company.

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For example, the profit margin, which measures the net profit in percentage of revenue, or the current ratio, which is the ratio of current assets to current debts. The former refers to all indicators that are not directly related to the cash flow, debt or assets of a company.