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BPM Central Newsletter brought to you by BPM Partners, Inc.
June 2005
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This newsletter brings together the latest news and commentary related to Business Performance Management. It is provided as a service to our clients, selected prospects, vendors, and consultants.

 

BPM News and Views
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  • Consolidation Hot Again
  • Extending Excel, Linking KPIs to Management, ...
  • Best Practices in BPM Solution Selection
  • OLAP/BI/BPM Survey - Make Your Voice Heard
  • Six Steps to Improve Planning and Budgeting
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    Extending Excel, Linking KPIs to Management, Strengthening Finance
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    The above Performance Management topics as well as several other equally important ones were covered at a BPM Partners conference held in London in April. In addition, case studies were presented by Claims Management Group, IMS Health, G.U.S. and three other leading companies. We have now made all of the presentations from this event available to the subscribers of this newsletter. Just click the link below, no additional registration required.

    View or download presentations »

    Best Practices in BPM Solution Selection

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    Is your organization considering investing in BPM software? If so, you know the challenges. Buying BPM software is difficult. Two recent surveys confirm it. Because many organizations do not use best practices when evaluating and selecting BPM software, their implementations fail to meet key objectives. Business Finance and Business Performance Management magazines have joined with BPM Partners to provide select companies with best practices in buying BPM software -- education, guidance, methodology, a complete requirements review, and identification of "best fit" vendors. These vendor finalists will present customized demos based on your organization's unique needs. A scoring tool will be utilized to help you cut through the marketing hype to select exactly the right solution. This exciting program is available at absolutely no cost as part of the BPM Solution Selection Symposium, a new track at the BPM Summit taking place this year November 14-15 in Greenwich, CT.

    Learn more about the BPM Summit and Symposium »

    OLAP/BI/BPM Survey - Make Your Voice Heard
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    BPM Partners, in partnership with Survey.com, invites you to take part in a strictly independent study examining business intelligence, performance management and OLAP implementations around the world. We are particularly interested in your use of products such as BusinessObjects, Cognos PowerPlay and Planning, any Hyperion product, Microsoft Analysis Services, MicroStrategy, TM1, Oracle Express, OLAP Option and Discoverer, SAP BW, WebFocus, arcplan and similar products. The large- scale Survey is again being conducted in conjunction with Nigel Pendse, a world-renowned expert in OLAP and author of The OLAP Report. In return for your participation, you will receive a summary of the research findings and will be entered into a prize draw to win one of ten $50 Amazon vouchers .

    Take the 15 minute survey now »

    Six Steps to Improve Planning and Budgeting
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    For many organizations, planning and budgeting is an annual ritual. Once a year a letter goes out from corporate describing the company's expectations, shortly followed by a budget pack to be completed by a predefined date. Once packs are completed and returned the annual negotiation begins in earnest. Eventually the negotiations conclude and the budget is set for the next twelve months and everyone breaths a sigh of relief and finally gets back to running the business again. It doesn't have to be this way.

    Read the article »

     

    Consolidation Hot Again

     

    In the BPM world Financial Consolidation has long taken a back seat to Budgeting and Planning and Dashboards. That is now changing, at least in the vendor community. Applix recently released TM1 Financial Consolidation to complement its Planning Manager. OutlookSoft has significantly enhanced its consolidation capabilities, as has Hyperion . With its acquisition of Frango several months back Cognos may have initiated this new focus on Consolidation. Geac has made its consolidation module faster and easier to use. Cartesis released a brand new version of their flagship consolidation product. Planning is not being completely ignored: Cartesis just acquired INEA to strengthen the budgeting side of their offering.

    Read the details

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    Recent BPM Partners Articles and Webcasts

     

    OnDemand Webcast: BPM 101 - Learn the basics of BPM

    OnDemand Webcast: Launching a BPM Initiative - 10 Steps to Success

    Article: The Pulse of BPM

    Article: IT Readiness for Performance Management

    Article: Enterprise Dimension Management

    Take Action: Let BPM Partners Guide You to BPM Success

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