Corporate Performance Management (CPM) Archives

xP&A: Unlocking Insights through Extended Planning and Analysis

Posted on August 8, 2023 (August 8, 2023) by Sam Payment

In business management, Extended Planning and Analysis (xP&A) has revolutionized how organizations approach financial planning and analysis. By incorporating a broader range of data sources and leveraging advanced analytical techniques, xP&A enables businesses to unlock strategic insights for informed decision-making and long-term success. This article will explore the concept of xP&A and its power in do whatever you want to update […]

Guide to Direct vs. Indirect Cash Flow Methods

Posted on May 23, 2023 (July 24, 2023) by Sam Payment

Financial reporting plays a vital role in assessing the health and performance of a company. One essential aspect of financial reporting is cash flow analysis, which helps stakeholders understand the cash movement within an organization. When it comes to preparing cash flow statements, two commonly used methods are the direct method and the indirect method. do whatever you want to update […]

Financial Reporting: Why is it Important?

Posted on May 23, 2023 (July 24, 2023) by Sam Payment

Two people discuss a business' financial reporting.

Financial reporting serves as a fundamental pillar of modern business operations. It provides invaluable insights into a company’s financial performance, enabling business owners and managers to make well-informed decisions about their operations. We delve into the intricacies, emphasizing its significance and highlighting the many benefits it offers businesses. What Constitutes Financial Reporting? Financial reporting encompasses do whatever you want to update […]

What is Financial Consolidation?

Posted on May 5, 2023 (July 24, 2023) by Sam Payment

Financial consolidation is essential for businesses operating in multiple locations, having multiple subsidiaries, or using multiple accounting systems. It involves combining financial information from various sources into a single set of financial statements, providing a comprehensive view of the financial health of the entire organization. This article will explore the process in more detail, including do whatever you want to update […]

Why Is Performance Management Important?

Posted on January 19, 2023 (June 2, 2023) by smartsites

Have you ever asked yourself, “Why is performance management important? You know why finance is rapidly moving to the cloud and you know why financial dashboards matter and how they can help your firm. You are fully aware of the ways in which spreadsheets are a weakness to your work-flow, and you have memorized the ways to improve your sales and do whatever you want to update […]

How to Use CPM Software to Achieve Corporate Sustainability Goals

Posted on January 19, 2023 (June 2, 2023) by smartsites

What is corporate sustainability? Sustainability means something different everyone. To some, it is an invitation to corporate social and environmental responsibility alongside its financial responsibility to its shareholders. This is the so-called “triple bottom line” concept. To others, it means management of governance or social issues. No matter how you define it, the evaluation of corporate do whatever you want to update […]

What are BI and CPM Solutions? Which Should You Choose?

Posted on February 11, 2022 (June 4, 2023) by Sam Payment

Organizations looking to manage their performance need to be able to interact with their data in meaningful ways. Business Intelligence (BI) solutions focus on information delivery, while Corporate Performance Management (CPM) platforms are more robust, with access to deeper planning and reporting tools. While BI and CPM solutions can often look very similar (as both do whatever you want to update […]

Why Agility in Business Leads to Better Results | Kepion Solution

Posted on January 28, 2022 (June 4, 2023) by Sam Payment

When it comes to planning, the phrase “agility in business” has become a common discussion thread in finance and sales organizations and across all industries. 2020 brought widespread instability for businesses; no one could have predicted the impact of a global pandemic, a new virtual standard for company operations, and unknown impacts to markets across do whatever you want to update […]

xP&A Accelerator: Improve Performance in 7 Steps | Kepion Solution

Posted on December 10, 2021 (February 1, 2023) by Sam Payment

xP&A refers to extended planning and analysis—the implementation of financial planning and analysis (FP&A) across an entire business. This approach unites a company’s disparate divisions through a single and centralized FP&A platform, providing a “single source of truth” for company performance. In effect, each division can develop effective business plans and strategies because of access do whatever you want to update […]