What is EPM? Enterprise Performance Management Explained

EPM software

Enterprise Performance Management (EPM), also known as Corporate Performance Management, is a critical discipline that helps organizations manage and optimize their business performance. But what exactly is EPM, and why is it essential in today’s competitive environment? In this comprehensive guide, we’ll define EPM, explain its significance, and explore its applications and benefits. EPM Meaning do whatever you want to update […]

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What is Zero Based Budgeting?

Zero-based budgeting (ZBB) is a budgeting process that has gained popularity in recent years due to its effectiveness in promoting cost savings and strategic alignment. Unlike traditional budgeting, which typically uses historical data as a basis for future budgets, traditional budgeting often relies on the previous year’s budget which can result in a budget that do whatever you want to update […]

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Guide to Direct vs. Indirect Cash Flow Methods

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 […]

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How to Use CPM Software to Achieve Corporate Sustainability Goals 

Corporate-Sustainability

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 […]

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What is Corporate Performance Management (CPM)?

CPM

We have written quite a lot about both Corporate Performance Management (CPM) (this post on How Dashboards & Scorecards Can Improve Your Financial Reporting & this post detailing 5 Ways to Convince Your Boss You Need New CPM Financial Software) and Enterprise Performance Management (EPM) (this post on How to Improve Revenue Planning with EPM Software do whatever you want to update […]

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Understanding Your Corporate Performance Management Market Size

Complete Spectrum of CPM services

Corporate Performance Management (CPM) software or business performance management is an umbrella term generally used to describe a methodology or a process that helps businesses manage the success of their company. Another way to think of corporate performance is as the collective accomplishments, successes, and failures of an organization. Important to all, the new improved do whatever you want to update […]

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The Tone at the Top’s Influence on Corporate Performance Management

The Tone at the Top’s Influence on Corporate Performance Management

One of the mysteries I have long pondered is why organizations are so slow to adopt enterprise and corporate performance management system (EPM/CPM). Why is the application of strategy maps to define an organization’s strategic objectives to determine key initiatives, core processes and performance measures displayed in scorecards and dashboards so gradual? Why do CFOs do whatever you want to update […]

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