6 Replies Latest reply: Nov 13, 2014 4:19 AM by vikas mahajan RSS

    What are KPIS & its need in Dashboard?

    Helen Betty

      Please Explain & also give the Sample App related to that..

        • Re: What are KPIS & its need in Dashboard?
          Angad Singh

          Well the whole BI solution revolves around KPI's i.e Key Performance Indicators.

           

          The BI itself is made for giving answers to questions which help us know, improve and compare our performance through period of time.

           

          Suppose for Retail market, you have questions like, How much Sales happend last year..and What is current state of Sales, are we meeting the Targets(which means count of sales), Which Store is performing well as compared to others.

          So these questions and their answers will become your KPI's for the application.

           

          Please let us know, for which Domain(Finance, Retail etc) your application is for and then common KPI's can be shared from fellow members.

           

          Hope this helps.

           

          Thanks,

          Angad

            • Re: What are KPIS & its need in Dashboard?
              sujeet singh

              Key Performance Indicators are quantifiable measurements, agreed to beforehand, that reflect the critical success factors of an organization. They will differ depending on the organization.

              • A business may have as one of its Key Performance Indicators the percentage of its income that comes from return customers.
              • A school may focus its Key Performance Indicators on graduation rates of its students.
              • A Customer Service Department may have as one of its Key Performance Indicators, in line with overall company KPIs, percentage of customer calls answered in the first minute.
              • A Key Performance Indicator for a social service organization might be number of clients assisted during the year.

              Whatever Key Performance Indicators are selected, they must reflect the organization's goals, they must be key to its success,and they must be quantifiable (measurable). Key Performance Indicators usually are long-term considerations. The definition of what they are and how they are measured do not change often. The goals for a particular Key Performance Indicator may change as the organization's goals change, or as it gets closer to achieving a goal.

              • Re: What are KPIS & its need in Dashboard?
                Helen Betty

                Thanks Angad Singh.

                 

                Need Finance KPIS

              • Re: What are KPIS & its need in Dashboard?
                sujeet singh

                May this help you

                This is  s ppt for Finance KPIS

                 

                Financial Key Performance Indicators

                 

                Here are  demos of dashboard on Financial presentation

                QlikView

                 

                QlikView

                • Re: What are KPIS & its need in Dashboard?
                  Manish Kachhia

                  Dear Arul,

                  This is general question rather than QlikView.

                  You can find more information about KPI through google search.

                   

                  KPI = Key Performance Indicators

                   

                  REFERENCE : About.Com Management...

                   

                  Key Performance Indicators are quantifiable measurements.Key Performance Indicators are quantifiable measurements....

                   

                  • A business may have as one of its Key Performance Indicators the percentage of its income that comes from return customers.
                  • A school may focus its Key Performance Indicators on graduation rates of its students.
                  • A Customer Service Department may have as one of its Key Performance Indicators, in line with overall company KPIs, percentage of customer calls answered in the first minute.
                  • A Key Performance Indicator for a social service organization might be number of clients assisted during the year.

                  Whatever Key Performance Indicators are selected, they must reflect the organization's goals, they must be key to its success,and they must be quantifiable (measurable). Key Performance Indicators usually are long-term considerations. The definition of what they are and how they are measured do not change often. The goals for a particular Key Performance Indicator may change as the organization's goals change, or as it gets closer to achieving a goal.

                   

                  sales-marketing-dashboard.gif

                  Finance KPIs are

                  Current Ratio

                  Quick Ratio

                  Working Capital

                  Debt by Equity Ratio

                  Account Payable Turnover

                  Account Receivable Turnover

                  Return by Equity

                  Inventory Turnover

                  Net Profit Margin

                  Gross Profit Margin