Key performance indicator (KPI)

Meaning

A key performance indicator (KPI) is a metric that shows how your business is progressing towards its business goals.

Key points

• Key performance indicator (KPI) appears frequently in invoicing, payment handling, and bookkeeping workflows.
• The term improves clarity between clients, suppliers, and accounting teams.
• Consistent use supports cleaner documentation and better reporting quality.

Practical use

In Nexbal workflows, key performance indicator (kpi) is used to keep invoice and payment operations structured and auditable.