Contract Kpi Template

Youll save time by not having to produce multiple reports and the consolidated metrics can easily be shared between teams.

Contract kpi template. As a general principle your kpis should ensure that contracts are specific measurable attainable relevant and time based across the enterprise. Thus irrespective of the type of contracts your company is managing here are some of the most important kpis. This free kpi dashboard template allows you to view multiple kpis in both table. Using a standard kpi template helps you avoid getting bogged down with too much data or dealing with kpi fatigue which can happen easily if you jump right to the advanced template.

Contracts contain a wealth of data that can provide contract managers with valuable insights into their processes. You can use these navigation buttons in order to switch between other sections. Procurement kpi dashboard template features. Track key data points using a kpi dashboard to maximize business performance.

Annualized contract value acv. Dates numbers and other data points can be used to create key performance indicators kpis and establish benchmarks for evaluating performance. According to the kpi institute several specific kpis from within these categories stand out as the kpis to actively monitor. You are just beginning to track your metrics.

The term customer includes procurement the retained organization overseeing an outsourced service and end users. Use this template if any of the following situations apply. We have used some sample that however you can also add new rows or put your data to existing blank. Contract management kpis read our detailed description of the key kpis you should be tracking for effective contract management.

Cycle time from contract initiation to. Current year actual current year target and past year actual are the sections that you will input your own values here. Contract kpis can be grouped into several categories of which the most useful tend to be contract value contract incidents contract monitoring and contract renewal. Kpi dashboards are the perfect tool for your performance tracking reports as they can be used to visually depict the performance of an enterprise a specific department or a key business operation.

Find out what areas to focus on and what each one requires in terms of preparation. Broadly speaking however the best kpis for contract management are ones that are smart meaning they are specific measurable achievable results oriented and time constrained. Free excel dashboard templates.