---
sourceDocument: Xanadu Finance and Supply Chain
sourceDocumentLink: https://servicenow-prod.fluidtopics.net/r/xanadu/source-to-pay-operations

 Release :

    - xanadu

ft:locale :

    - en-US

ft:publication_title :

    - Xanadu Finance and Supply Chain

ft:clusterId :

    - stpop

bundleId :

    - stpop

workflow :

    - Creator


---

# Create a KPI template

# Create a KPI template {#ariaid-title1}

* Release version: Xanadu
* 
* Updated August 14, 2024
* 
* ![](https://www.servicenow.com/docs/portal-asset/ico-clock) 1 minute to read

Create a KPI template to define KPIs against which you measure the supplier performance.

## Before you begin

Role required: sn_kpi.admin or sn_slm.manager or sn_slm.admin

## Procedure

1. Navigate to AllSupplier Lifecycle OperationsSource-to-Pay Workspace.
2. Do one of the following:  
   * Under Quick actions, select Create KPI template.
   * Select the list icon (![List icon.]()), navigate to ListsPerformance managementKPI Templates, and then select New.
   {#create-kpi-template-slo__ul_hfq_zz5_jcc}
3. On the form, fill in the fields.  
   {#create-kpi-template-slo__table_u4m_243_btb__entry__2}

   | Field | Description |
   |-|-|
   | Basic details ||
   | Name | Name of the KPI template. |
   | Description | Brief description of the KPI template. |
   | Template owner | The person who owns the KPI template. |
   | Type | Indicates the type of the KPI template. The available options are: * Quantitative * Qualitative {#create-kpi-template-slo__ul_u5m_qbv_jcc} |
   | Active | This option is turned off by default. The KPI template is automatically set to active after you have added at least two thresholds for the KPI template. |
   | KPI properties ||
   | Performance domain | Indicates the group that the KPI belongs to. |
   | Recommended weight | Determines the importance of the KPI in the overall performance score when multiple KPIs are collected. |
   | Direction | Indicates whether the KPI should be minimized or maximised to show the ideal trend of the values. The available options are: * Maximize * Minimize * Milestone {#create-kpi-template-slo__ul_cbv_p2v_jcc} |
   | Nature | Indicates whether the KPI is leading (predicts future), lagging (measures past performance), or current (monitors ongoing activities). The available options are: * Leading * Lagging * Current {#create-kpi-template-slo__ul_rch_l2v_jcc} |
   | Precision | Specifies the number of decimal points to be used for data collection to ensure accuracy and consistency. This field is displayed only if you select Quantitative in the Type field. |
   | Unit | Measurement used to quantify the performance indicator. This field is displayed only if you select Quantitative in the Type field. |
   | Data collection ||
   | Collection source type | The user persona that provides the data. The available options are: * User * Supplier Manager * Supplier Contact {#create-kpi-template-slo__ul_ip3_b2v_jcc} |
   | Collected from user | The person who provides the data. This field is displayed only if you select User in the Collection source type field. |
   | Instructions | Populated in KPI collection tasks to give more context to the user providing the KPI data. |
   | Collection frequency | The frequency for collecting the KPI data. The available options are: * Daily * Weekly * Monthly * Quarterly * Semi-annually * Annually {#create-kpi-template-slo__ul_pby_qdv_jcc} |
   [Table 1. Create New KPI template form]

   {#create-kpi-template-slo__table_u4m_243_btb}
4. Select Save.
* **[Create KPI thresholds](https://servicenow-prod.fluidtopics.net/~Nqvya3WLYJIPpiWeUlM1g)**   
  Create KPI thresholds that consist of predefined values that serve as benchmarks or limits for evaluating performance against specific objectives.

*[\>]: and then