Claimed Amount
Claimed Amount is a key performance indicator (KPI) utilized within the service industry to quantify the aggregate monetary value of claims processed or submitted within a defined timeframe.
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Percentage of service requests against which there was a deviation in the service request Opened and Attended on date

KPI Definition

Claimed Amount is a key performance indicator (KPI) utilized within the service industry to quantify the aggregate monetary value of claims processed or submitted within a defined timeframe. This metric encompasses the total amount requested by customers, clients, or stakeholders in compensation for damages, losses, or liabilities covered by a service agreement, insurance policy, or similar arrangement

Business Value

This metric helps a business calculate the service requests which have a claim

Movement Direction

Sample Formula

SUM (Claimed_Amount)

Should Aim For
1
This metric should move up ie., increase with time
2
3
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