What is quarter over quarter in SAP EPM-SA - SAP Spend Performance Management?

SAP Term: quarter over quarter

• Component: EPM-SA

• Component Name: SAP Spend Performance Management

• Description: Compared to the same one-fourth of a calendar year over a defined period.

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• Key Concepts: 
  Quarter over quarter (QoQ) is a comparison of the performance of a company or organization between two consecutive quarters. It is used to measure the performance of a company or organization over time and to identify trends in performance. It is a useful tool for financial analysis and forecasting.
  
  How to use it: 
  In SAP Spend Performance Management, QoQ can be used to compare the performance of an organization between two consecutive quarters. This comparison can be used to identify trends in performance and to make predictions about future performance. The data can be used to make decisions about budgeting, resource allocation, and other strategic decisions.
  
  Tips & Tricks: 
  When using QoQ in SAP Spend Performance Management, it is important to consider the context of the data being compared. For example, if comparing two quarters in different years, it is important to consider any changes in the market or economic conditions that may have affected the performance of the organization.
  
  Related Information: 
  QoQ is a useful tool for financial analysis and forecasting, but it should not be used as the sole basis for making decisions. Other factors such as customer feedback, market trends, and competitive analysis should also be taken into account when making decisions about budgeting and resource allocation.