×

Download White Paper

First Name
Last Name
Job Title
Company
Country
CASL Opt-In
Thank you!
Error - something went wrong!
   

EPM in the Cloud

July 30, 2017

Enterprise performance management (EPM) is a process and software system designed to help organizations (i.e., companies, government entities, educational institutions, and non-profits) achieve their financial goals by linking their strategies to their plans and execution. Sounds easy, right? As anyone who has worked in a business enterprise knows, this can be challenging as an organization grows and evolves beyond its roots. To support this, EPM includes the following management processes:

  • Budgeting, planning, forecasting, and modeling 
  • Consolidating results and closing the books on a periodic basis 
  • Reporting results to internal and external stakeholders and analyzing performance
 
The objective of EPM is to ensure strategic goals and objectives are clearly communicated and understood by managers, and are reflected in their budgets and plans. Getting all the various departments of an organization aligned around goals and objectives is a critical starting point. 
 
 

 

Previous Flipbook
5 Signs You are Abusing Excel for Planning
5 Signs You are Abusing Excel for Planning

Learn to Identify 5 signs that show you are abusing excel for planning purposes.

Next Flipbook
How to Leverage Consolidation Functionality in Budgeting and Planning
How to Leverage Consolidation Functionality in Budgeting and Planning