Corporate Performance Management
Corporate performance management – CPM is also referred to as Business Performance Management or Enterprise Performance Management. This term is used to describe the methodologies and processes that help companies to manage and deliver a successful company. Corporate Performance Management is a critical part of any business model and helps companies to address key aspects of the business such as – Improving the Planning, Budgeting & Forecasting Processes; Reduce costs; Increase Operational & Financial Efficiencies; Align KPI’s with the Business Strategy through deploying effective FP&A and Financial Management Reporting Solutions.
Why Is Corporate Performance Management Important?
Business Intelligence Analytics Strategy is a critical software component of an effective Corporate Performance Management Strategy.
BI & Analytics technology is used to easily access, analyse and report on data relevant to the business and will support the broader CPM business processes, methodologies, metrics and used to monitor, measure and manage a business.
Next Steps ?
Would you like to learn more about how we help our Customers with Corporate Performance Management Transformation ?
IBM Planning Analytics – Delivering Corporate Performance Management Transformation
Integration is key to streamlined planning, budgeting and forecasting. To ensure you’re prepared to react in real time, you need the ability to synthesize information from all data sources to uncover trends and deliver insight. IBM Planning Analytics is the dynamic solution to allow you create a single source of truth and use AI to automate planning, budgeting, and forecasting and drive more intelligent workflows. The solutions robust analysis and reporting tools provides both suite of rich dashboarding capabilities and full integration with Microsoft Excel.
By enabling visibility into all your data your FP&A team can truly analyse performance and generate the required insights to inform smarter, faster business decisions. ProStrategy implements solutions on the IBM Planning Analytics platform for the full spectrum of Corporate Performance Management processes.
- Financial Consolidation
- Management Reporting & Story Telling
- Allocations & Profitability Modelling
- Integrated Financial Planning
- Expense Planning and Control
- Workforce Financial Planning
- What if & Scenario modelling