The Balanced Scorecard (BSC) is a strategic management system that not only manages a company according to purely financial indicators, but also takes non-financial aspects into account. It translates the overarching vision and strategy into concrete operational key figures from four central perspectives: Finance, Customers, Internal Business Processes and Learning and Development. This system helps to communicate the corporate strategy across all levels and make its implementation measurable. This ensures that short-term financial performance does not come at the expense of long-term corporate development. With add-ons such as the Versino Financial Suite advanced analyses can be carried out in this area in SAP Business One in order to make well-founded decisions and monitor strategy implementation.
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