Key to Successfully Tracking Management Performance
Success in business is driven by efficient management and effective prioritisation, this involves systematic management of prioritised KPI’s. Management scorecards are an effective tool to hold accountability and commitment for all managers. The scorecard framework simplifies strategic goals and objectives to be understood by every sector and level of business. It communicates and emphasises the impact of individual employees and shows how their actions can contribute to the overall success of the business. Managers have many issues to tackle and prioritise, so saving time on this process and improving the understanding of cause and effect gives more room to make agile decisions.
Maintains a visual representation of the core business drivers, their relationships with each other and financial outcomes.
Provides a structure that holds accountability and commitment of KPI targets to all organisation levels of management.
Actionable plans linked with performance indicators that incorporate initiatives involving strategy and operations.
Pre-established connections with forecasting tools and models for easy progress tracking around KPI targets.
The above management scorecard processes using traditional spreadsheet software face numerous software limitations. Moving to a cloud-based planning platform ensures sales plans consistently hit revenue targets.
Drive Managerial Performance with MODLR
Links KPI’s and Related Actions
KPI’s are built to adapt to dashboards and scorecards and allows the monitoring of performance from all levels of an organisation.
Collaboration, Explanations and Attachments
Initiate discussion threads, and link related documents and information to heighten collaboration with all users.
Provide clear and effective visualisations of information, that deliver strategy and causal relationships between performance indicators, initiatives and corporate objectives.
Can be changed to suit any popular framework method, such as Six Sigma, a balanced scorecard and unique or customised methods around specific needs of an organisation.
Start Focusing on Strategic Goals with Management Scorecards in MODLR
Connect to your ERP to automatically pull the most recent actuals
Plan and Report on MODLR models from within Excel Workbooks.
Connect to your CRM to automatically pull the most recent pipeline activity
View Audit reporting of who changed what, and when
Globally Apply Logic
Apply business logic across models globally, not in fits and starts across specific cells in certain spreadsheets
Your information is safe and secure, no corrupt Excel workbooks or cell formula errors
Quantify the financial impact of your changing operational drivers
Consolidate the plan in real time across entities and business units
Trace the Flow of Information
Quickly see which departments are performing the best and where others need to improve. Hold managers accountable for their teams and improve productivity with clear targets and comparisons.
Track Revenue Trends
Design dashboards to present revenue targets in near real-time; compare actuals versus budgets, measure performance to the previous year’s and display the highest performing accounts.
Get a Demo
To see the MODLR Cloud in action, schedule a personal demo with one of our modelling experts or watch an overview of the cloud platform.