Procurement KPIs
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General Ledger accounts
General Ledger accounts
General ledger accounts are individual accounts used to record financial transactions
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The Number of General Ledger accounts

KPI Definition

GL accounts refer to General Ledger accounts, which are used to record financial transactions related to procurement activities

Business Value

The Payment metric is used by businesses to the Purchase orders which are against a Group Ledger in a particular contract or a project

Movement Direction

Sample Formula

COUNT (General_Ledger_Account_Number)

Should Aim For
1
Tracking expenses in GL accounts allows procurement teams to identify areas of high expenditure, and implement cost-saving strategies.
2
3
Track Similar KPIs
Project budget
the allocated amount of funds
Project award price
It refers to the agreed-upon or negotiated price
Delayed Projects
the number of projects that ae delayed
Project actual saving
the total monetary amount saved
Deliveries
Items which have been delivered
Delay in project closure
the completion of a procurement project exceeds the planned or expected timeframe.
Submitted PO
Submitted Purchase Order
Raised PR
Raised Purchase Request
PR
Purchase Request
Non Purchase Order Invoices
Non Purchase Order Invoices
PO Invoices
Purchase Order Invoices
PO value
Purchase Order Value
Lead time
Lead time refers to the duration between initiating a process and its completion
Cycle Time for Deliveries
Average Delivery Time
Delay in delivery
Average Delay in Delivery
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