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What is EPM (Enterprise Performance Management)?

Carrie Scott's Profile

And is it different from CPM? Is it just budgeting and forecasting by a different name?

Answers

Robert Fetterman
Title: Chief Financial Officer
Company: Oneida Nation
(Chief Financial Officer, Oneida Nation) |

In reality, I think most EPM solutions are planning and reporting systems wrapped in a fancier name.They integrate with non-financial data for performance metrics and have front end scorecards for visualization of how you are doing.

Sarah Jackson
Title: Associate Editor
Company: Proformative
(Associate Editor, Proformative) |

Hi,

Take a look at this free webinar with CPE here at Proformative titled,

"From Theory to Practice: Guiding Principles for Effective Enterprise Performance Management (EPM)"
https://www.proformative.com/events/theory-practice-guiding-principles-effective-enterprise-performance-management-epm

Best of luck.... Sarah

Nagaraju Battula
Title: Associate Director
Company: MindTree Ltd
(Associate Director, MindTree Ltd) |

EPM is also known as CPM or BPM is set of metrics, methodologies, processes and systems. EPM is a key enabler in decision making process in the area of growth initiatives and cost optimizations. The four major processes in EPM are Strategy & Performance Measurement, Planning, Budgeting & Forecasting, Financial Consolidation & Reporting and Cost & Profitability Analysis

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