Document Actions
Business Performance Management
Business Performance Management (BPM) is often giving a meaning close to that for Corporate Performance Management (CPM), introduced by Gartner in 2002
Business Performance Management (BPM) is a concept that emerged at the start of the new millennium and is often giving a meaning close to that for Corporate Performance Management (CPM), introduced by Gartner in 2002. Under the Gartner definition, CPM describes the set of processes, methodologies, metrics and systems aimed at measuring and managing the performance of an organization (see L. Geishecker, F. Buytendijk, Research Note M-17-4718 del 02-10-2002).
Corporate Performance Management consists of the following processes:
-
Budgeting, Planning & Forecasting
-
Profitability Modeling & Optimization
-
Dashboard & Scorecard
-
Financial Consolidation
-
Financial, Statutory & Management Reporting
For more info download the following White Papers:
-
"Corporate Performance Management: the value of processes unification" Fabio Rizzotto, IDC Analyst
-
"From the Management Control to Corporate Performance Management: what is changing" Massimo Solbiati and Gianluca Meloni - Accounting, Control, Corporate and Real Estate Finance Department - SDA Bocconi
Tagetik is a global software vendor of the first unified Performance Management & Financial Governance solution to help CFOs and CIOs simplify complex business processes.
A complete financial closed-loop software, Tagetik 3.0 unifies key processes and applications – such as budgeting, planning & forecasting, financial consolidation, financial governance, strategy management, profitability modeling, working capital analysis – to manage and control overall performance, support compliance initiatives, harmonize different views of critical financial data, enable maximum visibility down to business transactions. In this way, the CFO can support the CEO in monitoring the implementation of strategies, ensure their sustainability and control corporate performance.
Since the software leverages “built-in” processes and cross-platform technology – fully web-based and integrated with any ERP, our customers can profit by up to 50% reduction of the total cost of ownership (TCO).