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Key Performance Indicator Reporting

Key Performance Indicator or KPI, we have heard a lot about it in business conversations, and every industry has its unique as well as some universal KPIs. But what exactly is it? A KPI is a metric that is set in line with the 'Key' business objective. It assists in understanding the efficiency of the business in comparison to the 'key' business objective. Organisations use KPIs to achieve execution enhancements that drive development.

Key Performance Indicator report is a helpful tool in analysing business performance. We at Whiz Consulting provide KPI reporting services for various businesses of different industries. Our experts have helped these businesses understand diverse KPIs critical for businesses and assisted in improving those key areas. If you need KPI reports for your business based in the UK, then your search stops here.

What are the Objectives of the Key Performance Indicator Report?

Screening of Company Health.
Measure Overall Progress.
Analyse Patterns & Variations Over Time.
Resolving Issues.
To Make Adjustments and Stay on Track.

How to Establish your Business's KPI Report?

  • Define your organisation's vision and objectives 
  • Break down these objectives into Key Performance Questions
  • Select KPIs responding to Key Performance Questions
  • Set the target to assess each KPI performance 
  • Set a specific timeline for each KPIs
  • Produce KPI report that estimating organisation real-time performance in comparison to that of targeted objectives
  • Identifying the reason for fluctuation, if any, between real-time performance and targeted objectives

Which KPI Reports are Important for your Business?

Financial Performance Review Report:

Report drawn from the following financial metrics-
  • Gross Profit Margin Percentage
  • Operating Profit Margin Percentage
  • Operating Expenses Ratios
  • Net Profit Margin Percentage

Financial Business Operational Efficiency Report:

Report drawn from the following operational efficiency metrics-
  • Inventory Holding period
  • Debtors Collection Period
  • Vendors Payable Period
  • Cash Conversion Cycle
  • Working Capital Turnover

Sales Performance Review Report:

Report drawn from the following sales metrics-
  • Sales Growth
  • Sales Target
  • Average Revenue Per Unit
  • Customer Acquisition cost
  • Customer Lifetime Value

Sales Conversion Review Report:

Report drawn from the following sales metrics-
  • Lead-to-Opportunity Ratio
  • Opportunity-to-Win Ratio
  • Lead Conversion Rate

How will you Benefit from KPI Report?

Tool for Sales Comparison

KPI report helps to compare real-time sales performance to that of targeted sales objectives during a specific time.

Consumer Satisfaction

KPI reports like Sales Performance or Sales Conversation Review Report helps to work on any shortcoming and serve customers better.

Human Resource Satisfaction

KPI reports provide information on their satisfaction level, which helps retain them for a longer period for smooth functioning.

Cost Savings

It helps businesses to save costs by allowing you to differentiate between essential and non-essential expenditure.

Quality Improvement

It helps in understanding the strengths and weaknesses of your business, thus further helping to improve the quality of operation.

Whiz Consulting has helped to develop KPI financial reporting for the following industries:

We at Whiz Consulting assess and assign particular KPIs that serve your business need. This is done by analysing in-depth your business operations, goals, and objectives. Our KPI reports will help you understand your business strengths and weaknesses to work on those areas and bring efficiency to your business processes.

KPIs for a Retail Store
KPIs for Health Care Business
KPIs for Home Care Business
KPIs for an E-commerce Operator
KPIs for a Real estate Business
KPIs for a Software Company
KPIs for Call Centre Business
KPIs for Consulting Business
Construction Bussiness

Frequently Asked Questions (FAQs)

A KPI reporting is a tool used to analyse a business's performance. KPI reporting allows companies to track progress against their set targets and goals. There are various types of KPIs, and each KPI report will vary from one another.
KPIs are an effective tool to analyse business performances. They are derived from the business's vision and goals. This makes it possible to analyse business performance in line with the business's vision and goals, helping to solve your specific business issues.
Yes, KPIs can be customised to fit the needs of your business. Every business is different from other businesses thus has unique issues and objectives. While there are set of KPIs that all organisations use, we can build customised KPIs to fit your business requirement.

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