Corporate Performance Management
What Is Corporate Performance Management (CPM)?
Corporate Performance Management encompasses strategic planning, budgeting, forecasting, workflow, reporting, modeling, scenario planning, profitability analysis, KPI monitoring, and consolidation. CPM addresses both operational and financial performance to include the process of collecting the data and performing analysis and reporting in a collaborative fashion for executives, managers, and staff through all levels of an organization.
The Benefits of Corporate Performance Management
Driven by business and supported by technology, CPM combines management methodologies that focus on performance and analytical reporting. A comprehensive and integrated performance management solution provide several key benefits to executives:
- Accuracy
- Control
- Agility
- Transparency
- Intuitive design for business users
- Compressed planning cycles
- Real-time monitoring & reporting
Corporate Performance Management Requirements
To deliver an effective performance management solution, the CPM platform needs to address a comprehensive set of business and industry recognized requirements:
Why MicroStrategy for Performance Management?
Enterprises looking to manage business and corporate performance comprehensively require best-in-class software for both operational and analytical requirements. MicroStrategy provides all core analytical capabilities on a single enterprise-class BI platform.
MicroStrategy teams with our strategic partners and third-party application providers to deliver end-to-end BI and CPM solutions to our customers. By combining MicroStrategy’s powerful and robust BI platform with a partner’s CPM application, we jointly deliver abest-of-breed, fully integrated, and unified BI-CPM solution.
Interested in finding out more about MicroStrategy and Performance Management? Learn about MicroStrategy's new Corporate Performance Management solution and how the MicroStrategy BI platform should be an integral part of any organization’s CPM initiatives.
Corporate Performance Management Customer Applications
The State of Tennessee won a
2003
DM Review World Class Solution Award for its MicroStrategy-based
application that helps decision makers access critical
financial data for performance management.
Read
the success story.
Analytical Applications: Financial Performance Mgmt
Operational Applications: Accounting System, Budgeting Tool, Activity Based Costing
Diagnóstico das Américas (DASA) the largest diagnostic laboratory company in Latin America, reduced their entire planning cycle durations by 50%.
