Question: How Is KPI Calculated In BPO?

How is AHT calculated in BPO?

To calculate AHT, add your total talk time + total hold time + total after-call tasks, and then divide by the number of total calls.

That is your average handle time..

What is SLA in BPO?

A well-written service level agreement (SLA) stands as a critical component of the relationship between a client and a BPO (Business Process Outsourcing) provider.

What are 3 types of SLA’s?

ITIL focuses on three types of options for structuring SLA: Service-based, Customer-based, and Multi-level or Hierarchical SLAs. Many different factors will need to be considered when deciding which SLA structure is most appropriate for an organization to use.

What is SOP and SLA?

Service-level agreements (SLA) are becoming a popular tool for ASPs to manage relationships with customers and partners, and to market their services. …

What are the 5 key performance indicators?

What Exactly Are the Most Important Financial KPIs That Inform Business Strategy?Revenue Growth. Sales growth is one of the most basic barometers of success for any business. … Income Sources. … Revenue Concentration. … Profitability Over Time. … Working Capital.

What is a KPI score?

When a KPI is created, it is automatically assigned a score. A score is a normalized value between 0.0 and 1.0 representing the relative strength of the Actual Value. The formula is either: (Actual Value – Worst Value)/(Best Value – Worst Value)

What is KPI in BPO?

Introduction to Key Performance Indicators (KPIs) Key performance indicators is the term for a type of performance metric used to evaluate how a company is progressing towards their business goals. It is one of the efforts businesses use to measure productivity using trackable numbers.

How is KPI calculated?

In the Sales KPI, the Target SalesAmountQuota calculated field is defined as the Target value. The Status threshold is defined as a range by percentage, the target of which is 100% meaning actual sales defined by the Sales calculated field met the quota amount defined in the Target SalesAmountQuota calculated field.

What are examples of KPIs?

Examples of Sales KPIsNumber of New Contracts Signed Per Period.Dollar Value for New Contracts Signed Per Period.Number of Engaged Qualified Leads in Sales Funnel.Hours of Resources Spent on Sales Follow Up.Average Time for Conversion.Net Sales – Dollar or Percentage Growth.

What is SLA and KPI in BPO?

SLAs are documents that outline the wider service agreements between a service provider and its customers, while KPIs are generally used to measure the performance of companies against their strategic goals. However, KPIs can form part of a SLA to measure the delivery of the defined service standards.

What is SLA rate?

A service-level agreement (SLA) defines the level of service you expect from a vendor, laying out the metrics by which service is measured, as well as remedies or penalties should agreed-on service levels not be achieved. It is a critical component of any technology vendor contract.

What is a good KPI?

Good KPIs: Provide objective evidence of progress towards achieving a desired result. Measure what is intended to be measured to help inform better decision making. Offer a comparison that gauges the degree of performance change over time.