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Matt Treat's headshot
Matt Treat Sr. Accounting Manager

Corporate Performance Management vs Business Intelligence

Asked on Oct. 29, 2015

Corporate Performance Management vs Business IntelligenceAre these the same thing? I understand there are software and systems marketed for managing or in relation to both, but are they really different from eachother? What are the similarities, overlap and differences if any?

 

Answers

Gerry Anderson's headshot
Gerry Anderson President and Founder • May 8, 2013

Business Intelligence tools just compile data and putting it into a format to allow you to quickly understand through visualization how a process or operation is performing. It is more 'rear view' focused.

Performance management is more involved because it takes the data from BI and then helps your organization develop the plans to improve or change the operation or process to generate the results you want. Performance management also allows you to create forecasts based on what the "BI tools' are showing you.

If you want to talk about the differences between BI and CPM, please email me through Proformative.

Proformative has some great materials on site here as well.

comment-icon 1
Sarah Jackson's headshot
Sarah Jackson Associate Editor • May 8, 2013

Thanks Gerry... yes, Proformative does have some good resources on this.

Here are two free white papers from Proformative, that pretty well cover it, Matt:

The Marriage of Business Intelligence and Corporate Performance Management

Corporate Performance Management (CPM) from a Finance Perspective

Enjoy!

Best... Sarah

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