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

SAP Term: quantitative KPI

• Component: GRC-SPM-SR

• Component Name: Sustainability Reporting

• Description: A KPI defined by quantitative metrics or figures, as compared to a qualitative KPI.

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• Key Concepts: 
  Quantitative KPI is a type of Key Performance Indicator (KPI) used to measure the performance of an organization or process. It is a numerical value that is used to track and measure progress towards a specific goal. It is typically used to measure the success of a company’s sustainability initiatives, such as reducing emissions, increasing energy efficiency, and improving waste management.
  
  How to use it: 
  In SAP GRC-SPM-SR Sustainability Reporting, quantitative KPIs are used to track and measure progress towards sustainability goals. The KPIs are set up in the system and can be monitored over time. The system also allows users to compare their performance against industry benchmarks and other organizations.
  
  Tips & Tricks: 
  When setting up quantitative KPIs in SAP GRC-SPM-SR Sustainability Reporting, it is important to ensure that the KPIs are relevant and measurable. It is also important to ensure that the KPIs are aligned with the organization’s sustainability goals and objectives.
  
  Related Information: 
  For more information on setting up quantitative KPIs in SAP GRC-SPM-SR Sustainability Reporting, please refer to the SAP Help Portal or contact your local SAP representative.