Enterprise Performance Management (EPM) software helps you analyze, understand, and report on your business.
EPM refers to the processes designed to help organizations plan, budget, forecast, and report on business performance as well as consolidate and finalize financial results (often referred to as a closing the books). EPM solutions are primarily used by CFOs and the office of finance, while other functional areas, such as HR, sales, marketing, and IT, use EPM for operational planning, budgeting, and reporting.
Today, EPM software is considered to be critical for managing all types of organizations by linking financial and operational metrics to insights and ultimately driving strategies, plans, and execution. With EPM software, managers can drive improved performance across the organization by monitoring financial and operational results against forecasts and goals and using analytics to recognize key trends and predict outcomes.
EPM business processes (strategic modeling, plan, consolidate and close, report, and analyze performance) can help organizations understand their data and use it to make better business decisions
Enterprise Planning and Budgeting Cloud helps enterprises stay competitive and strategic with modern forecasting capabilities