What is key performance indicators in SAP SAP-LEGAL - Global Field Legal?

SAP Term: key performance indicators

• Component: SAP-LEGAL

• Component Name: Global Field Legal

• Description: Parameters that are used for the measurement of the key performance indicator.

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• Key Concepts: 
  Key Performance Indicators (KPIs) are metrics used to measure the performance of a business or organization. In the context of SAP-LEGAL Global Field Legal, KPIs are used to measure the performance of legal teams and departments. These KPIs can include metrics such as the number of cases closed, the average time to close a case, and the number of cases resolved without litigation. 
  
  How to use it: 
  KPIs can be used to track the performance of legal teams and departments over time. They can also be used to compare the performance of different legal teams or departments within an organization. KPIs can also be used to identify areas for improvement and set goals for legal teams and departments. 
  
  Tips & Tricks: 
  When setting KPIs, it is important to ensure that they are measurable and achievable. It is also important to ensure that they are relevant to the goals of the legal team or department. Additionally, it is important to ensure that KPIs are regularly monitored and updated as needed. 
  
  Related Information: 
  For more information on KPIs, please refer to SAP's guide on Key Performance Indicators for Legal Teams and Departments. Additionally, there are many resources available online that provide guidance on setting KPIs for legal teams and departments.