What is 'Key Performance Indicator' in SAP AP-RC - FND Reuse Components?

Key Performance Indicator - Overview

• Component: AP-RC

• Component Name: FND Reuse Components

• Description: A quantifiable business performance factor.

Key Performance Indicator - Details

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  Key Concepts: 
  A Key Performance Indicator (KPI) is a metric used to measure the performance of a business process or activity. It is used to track progress towards a goal or objective. In SAP, the AP-RC FND Reuse Components are a set of components that can be reused across multiple applications, allowing for faster development and deployment of applications. 
  
  How to use it: 
  The AP-RC FND Reuse Components can be used to create KPIs for any business process or activity. The components provide a framework for creating KPIs that can be used to measure performance and track progress towards goals. The components also provide tools for analyzing and visualizing data, allowing users to quickly identify areas of improvement. 
  
  Tips & Tricks: 
  When creating KPIs with the AP-RC FND Reuse Components, it is important to ensure that the KPIs are relevant and meaningful. It is also important to ensure that the KPIs are measurable and actionable, so that progress can be tracked and improvements can be made. 
  
  Related Information: 
  For more information on the AP-RC FND Reuse Components, please refer to the SAP Help Portal. Additionally, there are many resources available online that provide guidance on creating effective KPIs.