What is composite KPI in SAP SBO - SAP Business One?

SAP Term: composite KPI

• Component: SBO

• Component Name: SAP Business One

• Description: A key performance indicator KPI that consists of two or more KPIs.

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• Key Concepts: 
  A Composite KPI (Key Performance Indicator) is a metric used in SAP Business One to measure the performance of a business. It is composed of multiple KPIs that are combined to give an overall view of the performance of the business. The Composite KPI can be used to compare different areas of the business, such as sales, marketing, and customer service, and to identify areas that need improvement.
  
  How to use it: 
  To use a Composite KPI in SAP Business One, first select the KPIs that you want to include in the Composite KPI. Then, set up the parameters for each KPI, such as the time period and the target value. Finally, create a report that displays the Composite KPI and its components. This report can be used to track progress over time and identify areas for improvement.
  
  Tips & Tricks: 
  When creating a Composite KPI, it is important to select KPIs that are related to each other and that measure different aspects of the business. This will ensure that the Composite KPI provides an accurate view of the performance of the business. Additionally, it is important to set realistic targets for each KPI so that progress can be accurately measured.
  
  Related Information: 
  For more information on using Composite KPIs in SAP Business One, please refer to the SAP Business One User Guide or contact your SAP representative. Additionally, there are many online resources available that provide tips and tricks for using Composite KPIs in SAP Business One.