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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterprise’s ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

Money Management Action Plan
Home » Glossary » What is Process Intelligence
What is Process Intelligence  

What is Process Intelligence


Process Intelligence (PI) is a discipline and a range of methodologies used to analyze process data and reveal hidden knowledge that can point the direction and highlight the opportunities for further process development and improvement: to increase a process productivity, performance, product or service quality, etc. Process intelligence is a smart approach which can appear highly advantageous to an organization as it helps its managers to use a process data for creating competitive advantages and raising the business profitability.

It makes use of certain mathematical and statistical methods, including:

  • Identifying and measuring process KPIs (key performance indicators);
  • Discovering tendencies and problems by analyzing a process’s historical data;
  • Identifying and justifying allowable variance in process results;
  • Business process modeling and optimization;
  • Measuring employee, machinery and process efficiency (output-input ratio);
  • Discovering and assessment of the process risks;
  • Calculating profitability of a process;

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