Are there any other potential benefits to using corporate performance management (CPM) and financial performance management software beyond faster budgeting and financial reporting?
There are significant opportunities in CPM that go well beyond budgeting and reporting. In fact, the mission of performance management is not just financial in nature but one that looks to leverage people and processes along with the core assets of a company, including customers and the specific products and services that are being brought to market. Corporate performance management isn’t primarily about cost containment – it’s about improving the efficiency and effectiveness of an organization at all levels.
A well-designed dashboard can help measure process performance
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