What is KPI library in SAP GRC-SPM-SR - Sustainability Reporting?

SAP Term: KPI library

• Component: GRC-SPM-SR

• Component Name: Sustainability Reporting

• Description: A repository that contains a pre-defined set of business KPIs. The KPIs are part of an entire KPI framework, including hierarchical and logical dependencies between KPIs. From the library, you can select the KPIs that apply to your business.

Smart SAP Assistant

• Key Concepts:
  KPI Library is a component of SAP Sustainability Reporting that allows users to store and manage key performance indicators (KPIs) in a centralized repository. It provides a comprehensive overview of the KPIs used in the organization, including their definitions, sources, and calculations. The KPI Library also allows users to create custom KPIs and track their performance over time.
  
  How to use it:
  To use the KPI Library, users must first create a KPI definition. This includes specifying the name, description, source, calculation method, and other relevant information. Once the KPI is created, it can be added to the library and tracked over time. Users can also create custom KPIs and add them to the library.
  
  Tips & Tricks:
  When creating a KPI definition, it is important to provide as much detail as possible. This will ensure that the KPI is accurately tracked and reported on. Additionally, it is important to keep the KPI library up-to-date by regularly reviewing and updating existing KPIs.
  
  Related Information:
  The KPI Library is part of SAP Sustainability Reporting, which provides organizations with an integrated platform for managing sustainability initiatives. Other components of SAP Sustainability Reporting include Performance Management, Risk Management, and Compliance Management.