Process Efficiency & Investments

This widget displays the YTD data for four KPIs. These KPIs based on the YTD data, from start of fiscal year until today. For a KPI:

  • If the calculated value is less than the corresponding target value, the calculated value is displayed in Red colour.
  • If the calculated value is more than the corresponding target value, the calculated value is displayed in Green colour.

These KPIs are displayed in this widget:

Time to Close
This KPI measures the time taken to close the GLD for a specific fiscal period in the financial calendar. This KPI also tracks the time to close for the most recently closed fiscal period within a financial company.
The KPI displays the maximum time to close across all financial companies within the selected group company in the workspace. You can view the number of days and targeted days in this KPI.

Formula: Time to Close = Change Date GLD – Period End Date

Note: The Group Company field must be defined in the Filter section.
Return on Capital Employed (ROCE)
Return on capital employed (ROCE) measures profitability and capital efficiency. You can view the Return on capital employed (ROCE) and target % in this KPI.

Formula: ROCE %= 100 * EBIT/ Capital employed

Note: 
  • The KPI displays the data for the selected fiscal period as well as all prior fiscal periods within the same year.
  • The Group Company and Taxonomy fields must be defined in the Filter section.
AP invoice automation

AP Invoice Automation measures the percentage of invoices received automatically, without manual entry. You can view invoice % and target % in this KPI.

Formula: AP Invoice Automation% = 100 * automated invoices count / total invoices count
Note: 
  • The KPI displays the data for the selected fiscal period as well as all prior fiscal periods within the same year.
  • The Group Company field must be defined in the Filter section.
Debt to equity
Debt to equity measures company liabilities to its equity. You can view equity % and targeted % in this KPI.

Formula: Debt to Equity% = 100 * Loans and borrowings / Shareholders' equity

Note: 
  • The KPI displays the data for the selected fiscal period as well as all prior fiscal periods within the same year.
  • The Group Company and Taxonomy fields must be defined in the Filter section.