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Key figure simulations

What is meant by Key figure simulations?

In software, metric simulation refers to the ability to simulate different scenarios and parameters to analyze impacts on metrics or key performance indicators (KPIs). This functionality allows businesses to evaluate potential changes or decisions before implementing them.

Typical Functions of Software in "Metric Simulation":

  1. Scenario Definition: Users can create and define different scenarios such as revenue growth, cost reductions, or market entry strategies.

  2. Parameter Adjustment: Adjust parameters such as sales prices, cost structures, sales volumes, etc., to examine their impact on metrics.

  3. Create Simulation Models: Build complex models that consider the dynamics and interdependencies of various metrics.

  4. Analyzing Simulation Results: Evaluate simulated results through graphs, tables, or reports to identify trends or critical decision points.

  5. What-If Analysis: Conduct what-if analyses to predict the impact of potential decisions or events.

  6. Compare Scenarios: Compare and contrast different scenarios to identify the optimal strategy or course of action.

  7. Integration with Other Systems: Ability to integrate with ERP systems, business intelligence (BI) platforms, or other data sources to enhance data quality and analysis.

  8. User-Friendly Interface: Intuitive user interface for configuring simulations and interpreting results effectively.

 

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The function / module Key figure simulations belongs to:

Statistics/Forecast

Simulation

Software solutions with function or module Key figure simulations:

sycat Process Designer
sycat Process Designer
 
 
 
 
 
 
Model, optimize, document processes
HR PROCESSES (MR.KNOW)
HR PROCESSES (MR.KNOW)
 
 
 
 
 
 
Process automation in the HR department without programming
NO-CODE-BPM (MR.KNOW)
NO-CODE-BPM (MR.KNOW)
 
 
 
 
 
 
From the idea to the solution
bison.box
bison.box
 
 
 
 
 
 
Asset and portfolio management
ORDER ASSISTANT (MR.KNOW)
Efficient and transparent order processing
SECURITY ASSISTANT (MR.KNOW)
Workflows on the topics of ISMS, cybersecurity and NIS2
MAILROOM PROCESSING (MR.KNOW)
Incoming mail processing that digitizes, classifies & processes in a process-oriented
SCALA
SCALA
 
 
 
 
 
 
Software solution for freight cost analysis, controlling and simulation
Detact®
Detact®
 
 
 
 
 
 
Artificial intelligence for manufacturing process chains
ADONIS
ADONIS
 
 
 
 
 
 
Business Transformation Suite - Business Process Management
Show all 26 programs with Key figure simulations