Corporate Performance Management Solutions
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:
- 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:
- Operational and Financial Modeling
- Budgeting, Planning, and Forecasting
- Profitability Modeling, Analysis, and Optimization
- Strategic Planning
- Financial Consolidation
- Workflow and Process Automation