Use performance scorecards to measure performance against targets
Performance scorecards are a collection of metrics such as revenue and cash flow that are used to measure a company’s performance against target. They help executives turn their business strategy into specific goals that can be communicated, measured and monitored throughout the company.
Performance scorecards keep a business accountable and focused on achieving set results. Business scorecards in Zap Business Intelligence:
- Show you at a glance how the business is doing and where you need to focus. Performance scorecards highlight what you had aimed to achieve, and what the difference is between objectives and results.
- Measure each key performance indicator (KPI) against target, with the results compared with the previous time period.
- Can be linked to underlying data so that managers can click through to investigate problem areas further.
- Can be created from out-of-the-box business scorecard templates that enable you to get up and running immediately, without the need for any special scorecard programming expertise.
- Can easily be adjusted in response to internal and external changes.
- Are flexible, easy to use and easy to deploy.