Listed below are a few of the key initiatives that are driving companies to implement
full or partial Business Performance Management solutions. When you are ready to
move forward on one of these initiatives BPM Partners can help you select and implement
the solution that meets your specific requirements and budget. Click
here to see how we help you.
Sarbanes-Oxley The Sarbanes-Oxley act of 2002 changed the requirements
for disclosure of financial information, and in the process accelerated the move
to Business Performance Management solutions. Companies that require timely, accurate, information distributed
throughout the organization need the right software to accomplish this.
Most BPM vendors, regardless of their particular area of focus, can provide validated
financial data in near real-time. If you want to bring 'one version of
the truth' to your organization then it's time to get
started.
Better Budgeting
Budgeting process not as useful as it should be? Taking
too much time and effort for too little return? Then you should take a look at new planning/budgeting/forecasting
solutions that form the foundation of many vendors' BPM offerings. There is no reason
to struggle with labor-intensive, error-prone, manual collection and consolidation
of spreadsheets. Today's solutions incorporate the power of spreadsheets and then
add the missing management and control aspects. If you want to improve this
painful process, then it's time to get started.
Performance Management
If you already have solid financial reporting and planning
systems in place, then all
you need is to add a performance management solution on top to get the maximum
value out of all that data. Performance Management solutions can include executive
dashboards, key metrics and scorecards (balanced or not), and role-based information
portals. These systems are offered by the larger BPM vendors as part of their suites,
and a number of specialized BPM vendors offer stand-alone products that work
with most other systems out there. If you want to leverage the investment
you have already made and take control of your business performance, then it's
time to get started.
BPM Self-Assessment Audit Want to clarify your requirements before you move forward on any of these initiatives?
Then you should take our free, online BPM Audit.
