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Key Performance Indicators (KPIs)

Term in Qoyod's Accounting Glossary — Practical definition with examples from the Saudi market.

What is Key Performance Indicators (KPIs)?

Key performance indicators are quantifiable measures that track how effectively a company, team, or process is meeting strategic and operational objectives.

How It Works

  • Translate strategic goals into measurable indicators.
  • Set targets, baselines, and review cadences.
  • Use KPI dashboards to drive accountability and action.

Saudi Context

Saudi public-sector entities aligned with Vision 2030 publish strategy KPIs (the Vision 2030 dashboard). Private firms increasingly tie executive incentives to KPI scorecards.

Example

A Saudi e-commerce business tracks GMV growth, gross margin, CAC, repeat-order rate, and NPS as its top 5 KPIs.

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