article thumbnail

Why Construction Businesses Should Track KPIs to Conquer Economic Uncertainty

Jet Global

As a result, measuring success by financials alone isn’t enough for construction and engineering professionals. There are two types of performance measures that form the base of every analytics program: KPIs and metrics. Metrics track the status of a specific business process.

article thumbnail

3 Ways to Replace Distrust of Your SAP Data With Confidence

Jet Global

Address Your Company's SAP Skill Gap with Low-Code Automation Access Resource Finding the Path to SAP Data Success Addressing these concerns through proper training, data quality assurance measures, transparency, and effective change management can help alleviate user fears and build trust in SAP data.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Board Report Best Practices

Jet Global

Specific, measurable, achievable, relevant, and time-bound (SMART) actions should be presented. These might includes measurements related to: the intellectual resources of the company. Live demo tailored to your business requirements. Interested in Business Analytics and Dashboards. Download Now. employee trust.

article thumbnail

Use Angles for SAP to Measure, Analyze and Improve Your OTIF 

Jet Global

Measure customer satisfaction? While these areas can all be measured, giving your company a number to aim for, there is often a gap between your numbers and true customer happiness. For example, there are at least five different options to measure “customer arrival date.” Live demo tailored to your business requirements.

article thumbnail

Become a Financial Storyteller

Jet Global

It often requires a sharp eye and a healthy measure of experience to elicit meaningful information from the numbers. Live demo tailored to your business requirements. Interested in Business Analytics and Dashboards. Financial statements tell an important story, but they rarely tell the entire story.

Finance 52
article thumbnail

What is the Business Intelligence Cycle?

Jet Global

As business analytics tools become more powerful and affordable than ever before, more and more business leaders are building upon their existing technology toolsets to add true business intelligence (BI) to their organization’s capabilities. These four stages are the “business intelligence cycle.”

article thumbnail

What is Account Reconciliation?

Jet Global

Risk management – Regular reconciliations provide visibility into financial transactions and activities, enabling businesses to monitor for potential risks, such as errors in recording, unauthorized transactions, or inadequate segregation of duties, and implement corrective measures to mitigate these risks.