Businesses thrive or fail based on their ability to identify, define, track, and act upon Key Performance Indicators (KPIs). The faster and more accurately KPIs can be accessed, reviewed, analyzed, and acted upon, the better the chance an organization has for success. Focusing your efforts on a balanced approach, with a blend of growth, financial and service KPIs, will enable you to achieve performance improvement that matters across your business, without sacrificing any one area of the business.
Beyond the shareholder value that KPI improvement programs generate, KPI improvement initiatives position organizations for growth, financial performance and service differentiation.
Sophisticated Enterprise Resource Planning (ERP) and Business Intelligence tools have made it possible to quickly calculate and report Key Performance Indicators and metrics.
To find out more, download this whitepaper from Epicor.