And is it different from CPM? Is it just budgeting and forecasting by a different name?
What is EPM (Enterprise Performance Management)?
Answers
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.
Hi,
Take a look at this free
"From Theory to Practice: Guiding Principles for Effective Enterprise Performance
https://www.proformative.com/events/theory-practice-guiding-principles-effective-enterprise-performance-management-epm
Best of luck.... Sarah
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