Published: 02 August 2023
Tracking and reporting the right KPIs is the backbone of traditional performance management, but FP&A leaders struggle to clearly track and report critical KPIs in a digestible format. This research explains how bowler charts can drive better management and easy visualization of KPI reporting.
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Due to increased complexity in the finance data landscape, financial planning and analysis (FP&A) leaders are constantly battling between the need for more data and the desire to simplify their reports and better connect key performance indicators (KPIs) to organizational goals.
KPIs (and their variables) that are not properly linked to organizational goalsdrive the wrong decisions and distract decision makers from key performance trends, hindering organizations from reaching their strategic objectives.
FP&A leaders use multiple analytics and business intelligence (A&BI) solutions to monitor and track KPIs behaviors. However, they often fall into the trap of “more is better,” making the
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