Corporate performance management (CPM) is the area of business intelligence (BI) involved with monitoring and managing an organization’s performance, according to key performance indicators (KPIs) such as revenue, return on investment (ROI), overhead, and operational costs.
Corporate Performance Management (CPM) describes the methodologies and processes used to manage the business operations. CPM solutions allow enterprises to achieve outcomes through a dynamic plan of action linking with analysis and evaluation of data. Apart from financial expertise, CPM offers deep analysis; execution framework and process to achieve ensure businesses achieve their goals. It helps in prioritising and allocating the business resources effectively.
CPM is imperative for every organisation, especially if planning to:
- Modify their budget
- Cost deduction
- Remodel KPIs
- Adopt advance organizational strategy
- Develop financial planning process
CFOs and other financial executives need to be at the forefront of strategic decision-making in the organisation. Corporate Performance management (CPM) is a part of Business Intelligence (BI) and not a strategy. It involves monitoring and managing an organization’s performance, and key performance indicators (KPIs) such as revenue, return on investment (ROI), overhead, and operational costs. Our CPM portfolio includes solutions for budgeting, forecasting, planning and consolidation functions, along with graphical scorecards and dashboards to display and deliver corporate information to the stakeholders.
Contact Us to know more about our CPM practices.