KPI header
KPI
Learning about Key Performance Indicators.
What to know about KPI
Sales Invoice: This is the amount of sales invoice done for the previous month.
Avg. Approval: This is the average approval amount over a 90-day timeframe.
Avg. Ticket Price: This is the average funded lease amount over a 90-day timeframe.
Utilization: The percentage of the approval utilized.
Example
- Approval: $1000
- Funded Deal: $500
- Utilization = 50%
Missed Invoice Opportunity: The sum of all approval amounts that were not converted to a lease in the last 90 days.
Example
- Applications Approved: 30
- Leases Converted: 20
- Unconverted Lease: 10
- Avg. Approval: $1000
- Missed Invoice Opportunity = $10,000