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Article
How CPM analytical tools improve budgeting
Follow along as CPM expert Barry Wilderman walks through some benefits of analytical tools in corporate performance management and budgeting software. Read Now
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Article
Corporate performance management vs. business intelligence
A question that confuses many executives is: What is the difference between BI and CPM? Consultant Hyoun Park shares his thoughts. Read Now
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Article
Supply chain performance management provides key metrics for finance
Inventory and cash measures are some of the most powerful tools for aligning operations with finance in a comprehensive process for corporate performance management. Here's a look. Read Now
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Court success with CPM tools and business intelligence
Companies can benefit from further integrating CPM tools and BI, whether they're still evaluating corporate performance management or already using CPM and BI software. Read Now
Editor's note
Corporate performance management is an umbrella term that includes methodologies, processes and technologies used to measure and monitor corporate health.
Also called business performance management and enterprise performance management, CPM can help organizations build better budgets, reduce costs, create alignment in key performance indicators, improve financial processes and more. CPM tools include forecasting, budgeting and planning functions -- to name just a few -- and relies on reader-friendly visuals to quickly display information. Although such a reliance on dashboards and visual scorecards can sound very similar to business intelligence, it is distinct from BI, although often used in close conjunction with it.
CPM began as a way of taking the pulse of the finance department, looking at factors such as forecasting, budget and planning, and the information was shared only with stakeholders related to finance. CPM typically still begins in finance, but its role has expanded. Over time, business leaders realized it could be used to measure other key indicators of success, such as strategic planning and employee performance, and as an overall measure of other domains, such as sales. CPM software often is targeted to specific business processes, such as supply chain management. In addition, many businesses create CPM programs around a business methodology, such as balanced scorecard.
This guide gives a bird's-eye view of what corporate performance management can mean to your company, shares some real-life examples and provides some basics on the vendor landscape.
1How CPM can help your company
CPM can help you align operational and financial data to drive enterprise-wide performance improvements and foster better corporate health. But before you can do that, you need to understand the factors that influence CPM success.
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Establishing a 'performance culture' through business metrics
Real improvement can only come from choosing the right performance measures and getting employees invested in them, says an expert from benchmarking organization APQC. Read Now
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CPM consulting services: Tips for choosing wisely
If you're buying CPM software, consider getting CPM consulting services as well. Consultants can help to ensure a successful software implementation. Read Now
2CPM tools to measure corporate health
Although the software is just one piece of the corporate performance management puzzle, it's a critical one. This section helps you get a lay of the CPM vendor landscape so that you can begin to make informed and strategic decisions about your CPM roadmap.
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Integrating marketing with CPM for ROI improvements
CPM software gets a boost from these specialized budgeting, analytics and data repository tools to better align marketing initiatives with organizational goals. Read Now
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Predictive analytics forecast for CPM software
Analysts see major breakthroughs in analytics, in-memory, big data and mobile technology. Read Now
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Strategic CPM software and the vendors that excel
Gartner Magic Quadrant selects four leaders for strategic corporate performance management software and ranks 12 others. Read Now