KPI reporting has the ability to communicate the progress of a company towards its performance goals. What I like most about KPI Reporting, however, is the fact that it’s instant, transparent and always accessible. But that’s just personal preference; here are the top 5 KPI reporting benefits in order of priority from our users, many thanks to all for their contributions.
#5 Performance Visibility
Keeping actual metrics visible to everyone such as scores shows who is; and more importantly who is not performing.
#4 Performance evaluation
Actual data allows a fact based management approach, the difference between working hard and being busy.
#3 Directs behaviour
If an employee knows how they are measured their behaviour is adjusted to perform towards that measurement.
#2 Improves decision making
The ability to make quicker, informed decisions based on factual data.
#1 A complete overview of progress towards goals
Providing a rudder to the ship and charting progress towards the goal, with critical data for adjustments to the course if needed.
by Paulo De Sousa
Paulo writes on the technical side of KPI Tracking. He is a co-founder of SimpleKPI and has worked in the development and SaaS field for over 20 years. He is passionate about helping businesses make data-driven decisions through the use of data, reports, and analytics. With his deep understanding of business intelligence tools, he's adept at providing solutions that can help businesses reach their goals.