Many factors influence the enterprise performance, but none is more critical than the decisions people make every day. Those decisions depend, to a great extent, on the answers to three fundamental business questions:

  • HOW – How are we doing?, measuring current performance
  • WHY – Why are we doing this?, defining reasons of business decision
  • WHAT – What should we be doing?, to achieve the desired strategic long term goal

With the question, there is answers in terms for proper application to cater the required reporting needs. Organizational balance scorecard, analytical dashboards, and financial consolidation systems supply the metrics to answer “How are we doing?” Reporting and analysis applications explain the “Why are we doing this?” And planning, budgeting and forecasting systems communicate the answer to “What should we be doing?

Enterprise Performance Management  software (EPM Solutions) and methods allow a systematic, integrated approach that links enterprise strategy to core processes and activities with following steps in defining EPM Solutions implementation

  • Understand reporting requirements and analyse available solution
  • Overall raking of solution based on business and technical criteria
  • Prepare project timeline and methodology of execution
  • Implement proposed solution with performance-tuning enhancements
  • Knowledge transfer to Users and Technical Support Team