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

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Tagetik CPM is the first completely financial closed-loop, double entry CPM solution, that unifies in a single product all Corporate Performance Management processes and Financial Governance processes for data consistency and reliability.
The only solution with Built-in processes and advanced functionalities able to comply with the most complex regulatory requirements, helping companies automate processes, and obtain the necessary transparency and data accuracy for compliance.

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