Best Practices in Performance Management Software Implementation

Sponsored By Clarity Systems

Topics:

Budgeting & Planning > Business Performance Management

Business Software > CPM

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Abstract:

Performance management is, without question, one of the hottest topics among senior finance executives and the analysts and vendors that serve them. Performance management software systems are sophisticated database applications that are capable of automating and supporting many finance activities, including budgeting, forecasting, business modeling, decision support, strategic planning, consolidation, and reporting, in a single, integrated platform. Performance management software, like individual scorecards, reports, forecasts, or key performance indicators, are only one component of a performance management initiative. But successful implementation of a software system is critical to the success of the initiative as a whole. These sophisticated tools, when designed and implemented correctly, are the glue that holds a performance management initiative together - providing the tight integration between performance management components that many senior executives interviewed say is necessary for success.

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Posted: July 09, 2008

Length: 17 pages

Format: PDF (130 kb)

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