Process velocity
Process velocity provides an end-to-end view of the Purchase-to-Pay process from a purchase order item process perspective or from an accounting document process perpective.
Purchasing process
The Process velocity dashboard enables you to analyze and monitor the speed and efficiency of purchase order execution across the end-to-end Purchase-to-Pay process.
Process velocity overview
Check out KPIs for a detailed description of the KPIs related to purchasing process velocity.
Dashboard charts
The following table describes the dashboard charts of the Order process velocity dashboard.
| Chart | Description |
|---|---|
| PR to GR milestones | A bar chart that shows the time intervals and milestones from the creation of the Purchase requisition (PR) to the completion of a Goods receipt (GR). The PR to GR milestones chart allows you to track the flow, timing, and efficiency of the end to end process from purchase requisition to goods delivery. |
| Revision PO items analysis | A bar chart that provides information on the number and of changes made to purchase order (PO) items within the end-to-end process. |
| Revision events analysis | A bar chart that provides information on the number, type, and distribution of revision (change) events that occurred across PO items in the end-to-end process. The Revision event analysis chart allows you to analyze process instability and rework trends that reduce speed and impact the number of first time right PO items. |
| Trend | The graph on the Trend chart shows the values of the selected metric over time, based on the Purchase order creation date. |
You can select different metrics and fields to change the context.
Accounting process
The Process velocity dashboard enables you to analyze and monitor the speed and efficiency of the accounting document process across the end-to-end Purchase-to-Pay process.
Process velocity overview
Check out KPIs for a detailed description of the KPIs related to account document process velocity.
Dashboard charts
The following table describes the dashboard charts of the Process velocity dashboard.
| Chart | Description |
|---|---|
| Accounting milestones | A bar chart that shows the time intervals and milestones for the accounting documents process. The Accounting milestones chart allows you to track the flow, timing, and efficiency of accounting documents. |
| Revision accounting document analysis | A bar chart that provides information on the number and of changes made to accounting documents within the end-to-end process. |
| Revision events analysis | A bar chart that provides information on the number, type, and distribution of revision (change) events that occurred across accounting documents items in the end-to-end process. The Revision event analysis chart allows you to analyze process instability and rework trends that reduce speed and impact the number of first time right accounting documents. |
| Trend | The graph on the Trend chart shows the values of the selected metric over time, based on the accounting document creation date. |
| Invoice capture channel | A bar chart that provides insight into how invoices enter the system, how accurately they are processed, and how quickly they move through the process. Displays invoice processing performance by capture channel and supplier, showing the number of invoices, first-time-right rates, and average throughput times to support process improvement and decision-making on which channels to prioritize or improve. |
You can select different metrics and fields to change the context.