What Are KPI's?
KPI's or Key Performance Indicators are the important parts of any data you collect. For each industry or business the KPI's collected will be different.
Some industries such as health care have some pre-defined KPI's. But you can think of KPI's as the information in reports that you look for meaning. The goal of KPI's and reporting is to ensure that you get timely information to stop problems as early on as you can. Additionally, KPI's showing positive trends can be used to spawn institutional improvement or identify best/better practices.