What is trend indicator in SAP (FIN-SEM-CPM - Corporate Performance Monitor)?

SAP Term: trend indicator

• Component: FIN-SEM-CPM

• Component Name: Corporate Performance Monitor

• Description: Symbol in the form of an arrow that indicates the development of the score for a scorecard element compared to the previous period according to the periodization. There are up to five different trend indicators. If the system cannot calculate a trend on the basis of the current data status, a minus sign is displayed.

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• Key Concepts: 
  A trend indicator is a feature of the SAP Corporate Performance Monitor (FIN-SEM-CPM) that allows users to track and analyze changes in performance over time. It provides a graphical representation of the performance of a company or organization, allowing users to quickly identify trends and make informed decisions. 
  
  How to use it: 
  To use the trend indicator, users must first select the data they wish to analyze. This can be done by selecting the relevant data points from the available options. Once the data has been selected, users can then view the trend indicator graph which will show changes in performance over time. The graph can be adjusted to show different time periods and different data points. 
  
  Tips & Tricks: 
  When using the trend indicator, it is important to remember that it is only as accurate as the data that is used. Therefore, it is important to ensure that the data being used is up-to-date and accurate. Additionally, it is important to remember that the trend indicator only shows changes in performance over time and does not provide any insight into why these changes have occurred. 
  
  Related Information: 
  The trend indicator feature of SAP Corporate Performance Monitor (FIN-SEM-CPM) is closely related to other features such as predictive analytics and forecasting. These features allow users to gain further insight into their performance by predicting future trends and making informed decisions based on this information. Additionally, these features can be used in conjunction with the trend indicator to gain a more comprehensive understanding of performance over time.