KPI Fire Review

KPI Fire
Product:
Vendor:
Founded:
Headquarters:
KPI Fire
KPI Fire
2014
Salt Lake City, UT
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Deployment Model:
Free Trial:
Private
100
Cloud
Yes
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KPI Fire At A Glance

Good: Increased employee engagement, as they contribute ideas to support the company's strategic goals; real-time visibility into goals and projects metrics; supports Hoshin Kanri and other strategic planning methods.
Bad: Offers limited charts and features for metric dashboards.
Bottom Line: Strategy execution software that helps companies better track their continuous improvement projects.

Product Overview

KPI Fire is a strategy execution solution designed to help companies manage their Strategic Plan and Continuous Improvement projects. The software consists of four tools that combine into one Strategy Execution System: strategic planning, KPI dashboard, project manager and idea engine.

With KPI Fire, company leaders provide strategic goals and objectives they want to accomplish that are then cascaded down to each team leader. The team then comes up with project ideas that align with each strategic goal. The goals and projects are tracked by the key performance indicator (KPI) dashboard.

KPI Fire includes these following benefits:

  • Real-time visibility into goals and projects, which gives project leaders accountability
  • Supports most strategic planning methods, such as Hoshin Kanri and Balanced Scoreboards
  • All employees are strategically aligned with the company’s goals and objectives
  • Increased employee engagement as they can contribute ideas to projects
  • Eliminates waste, especially for companies with Lean Six Sigma projects

Features

A few key features of KPI Fire include:

Strategy Planner – Leaders create a strategic plan by cascading goals and objectives throughout all layers of the organization. X-Matrix and Bowling Chart views show red, yellow, and green indicators helping management to quickly see the status of strategic objectives and corresponding KPIs.

Key Performance Indicator (KPI) Dashboards – Managers can review real-time updates on each team, business unit or project. The dashboards include red, yellow and green charts that show which metrics are off target, so users can take action if needed.

Idea Generator – Employees enter their ideas to help achieve the company’s goals, projects or overall strategy into the ideas generator. Those ideas can then turn into projects and/or action items.

Idea Funnel – Managers can align employees ideas with company goals by prioritizing projects within the idea funnel. They can add metric categories, track ideas by month and monitor ideas by priority, impact and effort.

Project Charter – A project charter is a customizable template that captures the various information on a project, such as the goal statement, project scope, team members involved and related metrics.

Project Workflow – Managers can create detailed task-based workflows that include tasks, sub-tasks, statuses, assignments, priority levels, start/due dates, timesheets, files and notes.

Other project management features include Gantt charts, linking projects to their related goals and metrics, and tracking actual project benefits by month, quarter or year. Users can also create status reports for executives and stakeholders.

  • Budget & Expense Management?
  • Collaboration?
  • File Sharing?
  • Gantt Charts?
  • Mobile?
  • Task Management?
  • Time Tracking?

Target Market

KPI Fire targets mid to large size companies that engage in Strategic Planning, Hoshin Kanri, Lean Six Sigma, or are actively engaged in continuous improvement projects and operational excellence. Its clients span diverse industries including manufacturing, healthcare, mining, banking, hospitality and private equity.

We’ve listed 10 of its clients below:

  • USLBM
  • Goldfields
  • Greenfields
  • Benchmark
  • Mitylite
  • Turner Medical
  • Al Ghurair Foundation
  • Carpentry Contractors
  • University of Florida
  • Park National Bank

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Implementation/Integration

Implementation can take as little as one day. However, larger companies typically take two to four months of planning and scheduling to prepare for a multi-department roll out.

Training can take as little as a few hours. KPI Fire offers video tutorials of its various features.

Customer Service & Support

Each client is assigned a Customer Success Manager that regularly calls them to optimize their software use and business processes. Email and phone support are also available.

Pricing

Pricing can vary based on the company size and the number of users. It can range from $200 a month for companies with five users to $1,500 a month for companies with up to 50 users.

KPI Fire offers three pricing plans based on the type of solution the client is looking for. The Project Manager plan costs $20 a month for a minimum of 50 users. It includes features such as 100 GB storage, tracking unlimited projects and tasks, submitting and prioritizing project ideas, and linking projects to goals and KPIs.

The Strategy Manager plan costs $30 a month for a minimum of 50 users. It includes 1 TB storage, creating strategic plans, unlimited KPI dashboards, real-time data tracking, project portfolios, and sharing projects with other users.

The Enterprise Strategy Management plan includes all four tools, company-wide access to the software and integration to third-party applications. Companies interested in the Enterprise Strategy Management plan should contact KPI Fire for a quote.

Shortcomings

KPI Fire only offers limited charts and features for metric dashboards.

Screenshots

KPI Fire Screenshot 1
KPI Fire Screenshot 2
KPI Fire Screenshot 3

About

KPI Fire was founded by Cedro Toro as a solution to the problem he faced for over 15 years as a Lean/Continuous Improvement practitioner and consultant. He found that most companies were struggling to communicate their strategic priorities through outdated x-matrix spreadsheets, PDFs and slideshows. Cedro found that strategic plans were often well crafted, but then not well known through the organization. Continuous improvement efforts were similarly tracked in separate silos and Excel-based files.

KPI Fire is intended to be a complete solution for a top-down strategy with bottom-up idea generation. In the middle is where projects are selected and activated to execute strategic priorities.

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