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Corporate performance management best practices News
March 25, 2019
Experts say data professionals should work to create a common vocabulary in organizations to help boost data governance and compliance with laws like GDPR.
November 03, 2014
In a Q&A, Dave Murray summarizes takeaways from a BPI Network survey that polled dozens of executives on their budgeting and forecasting challenges -- and how technology can help.
June 20, 2014
This news recap looks at survey data on top data mining tools and a report on the degree to which executives trust analytic findings.
November 15, 2011
What can medical professionals and hospitals do to manage the liability risks for data breaches resulting from interconnectivity?
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The decision-making process, in a business context, is a set of steps taken by managers in an enterprise to determine the planned path for business initiatives and to set specific actions in motion. Continue Reading
Corporate performance management (CPM) is a term used to describe the various processes and methodologies involved in aligning an organization's strategies and goals to its plans and executions in order to control the success of the company. Continue Reading
A standard operating procedure (SOP) is a set of written instructions that describes the step-by-step process that must be taken to properly perform a routine activity. Continue Reading
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CPM software helped consolidate financial data, which allowed Spacesaver to cut its monthly close time by two-thirds and replace Excel spreadsheets with OLAP-based analytics. Continue Reading
Prior to implementing process mining tools, manufacturer Siemens had little visibility into production bottlenecks and other operational issues. Now, it can see the sources of the problems more clearly. Continue Reading
To stay relevant, strategic CPM software will need to incorporate more advanced modeling and other tools for integrated planning and performance management. Continue Reading
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KPIs help companies gauge success, but how do you choose the right metrics to create useful reports? Here you'll find 10 KPI examples to inspire your executive dashboards. Continue Reading
Employing metrics and analytics to improve logistics, operations and forecasting is a good first step, but not enough. Your workforce is the most important resource to optimize. Continue Reading
In this book excerpt, authors Andrew Wells and Kathy Chiang detail the decision architecture methodology, describe its five phases and explain how the strategy drives data monetization. Continue Reading
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There are benefits to CPM and financial performance management software beyond faster budgeting and financial reporting. Learn about using CPM software to improve effectiveness. Continue Reading
Get advice on proper Excel spreadsheet management for BI and CPM projects in your organization. Learn when spreadsheets should be used for business analytics – and when not. Continue Reading
CPM tools can be very beneficial to organizations. And what matters most isn’t the version of your CPM software but how you use it, says a corporate performance management expert. Continue Reading