What is KPI template in SAP CA-GTF-SB - SAP Smart Business?

SAP Term: KPI template

• Component: CA-GTF-SB

• Component Name: SAP Smart Business

• Description: A generic KPI definition delivered to customers with the KPI modeler that can be edited or duplicated to suit individual customer requirements.

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• Key Concepts: 
  A KPI template is a pre-defined set of performance indicators used to measure the success of a business process. It is part of the SAP Smart Business suite of applications, which provides an easy-to-use interface for creating and managing KPIs. The KPI template allows users to quickly create and manage KPIs, as well as to track and analyze performance data.
  
  How to use it: 
  To use the KPI template, users must first create a KPI definition. This definition includes the type of KPI, the target value, and any other relevant information. Once the definition is created, users can then create a KPI template by selecting from a list of available templates. The template will then be populated with the relevant data points and metrics. Users can then customize the template to meet their specific needs.
  
  Tips & Tricks: 
  When creating a KPI template, it is important to consider the type of data that will be used in the template. Different types of data require different types of metrics and calculations. Additionally, it is important to consider how often the data will be updated and how often the KPI should be monitored. This will help ensure that the KPI template is accurate and up-to-date.
  
  Related Information: 
  The SAP Smart Business suite also includes other features such as dashboards, analytics, and reporting tools that can be used in conjunction with the KPI template. Additionally, there are various third-party tools available that can be used to further customize and enhance the KPI template.