KPI Alert Report

    What is a KPI Alert Report ? KPI Alert Reports are considered exception reports and are often used by Executives, accountants or department managers to detect problems or opportunities as indicated by the alerts. Key functionality in this type of report includes the ability to automatically run reports at any frequency, and then distribute it by email as often as needed. KPI owners can also run the report on demand. The KPI page itself acts like a summary dashboard, while the other tabs in the book provide reports with supporting detail. You will find an example of this type of report below. Purpose of KPI Alert Reports Companies and organizations use KPI Alert Reports to ensure that, at any time, management teams are being notified of issues or opportunities indicated when a KPI passes a threshold. When used as part of good business practices in a Financial Planning & Analysis (FP&A) Department, a company can improve how quickly it can detect and resolve issues, as well as, reduce the chances that a problem is brewing without anyone noticing. KPI Alert Report Example Here is an example of a KPI Alert Report book with supporting detailed reports on the other tabs. [caption id="" align="alignnone" width="1802"] KPI Alert Report Example KPI Alert Report Example[/caption] You can find hundreds of additional examples here. Who Uses This Type of Report ? The typical users of this type of report are: CFOs, Accountants and Department Managers. Other Report s Often Used in Conjunction with KPI Alert Reports Progressive Financial Planning & Analysis (FP&A) Departments sometimes use several different KPI Alert Reports, along with financial reports, operational reports, dashboards and other management and control tools. Where Does the Data for Analysis Originate From? The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others. In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions. What Tools are Typically used for Reporting, Planning and Dashboards? Examples of business software used with the data and ERPs mentioned above are:
    • Native ERP report writers and query tools
    • Spreadsheets (for example Microsoft Excel)
    • Corporate Performance Management (CPM) tools (for example Solver)
    • Dashboards (for example Microsoft Power BI and Tableau)
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