What are KPI’s and scorecards?
Measuring and monitoring the performance of your business today can provide priceless information about ways to become more productive and drive down costs. However, with such high volumes of data available, keeping records in order can be straining.
KPI’s and scorecards are terms used to describe statistical records which have measured progress and performance of your company towards a specific goal. They can help decision-makers of a business to gain a more complete overview of the performance of a company, and in turn, make more informed decisions.