Business Intelligence
Corporate Performance Management
Published April 2009

A Butler Group Report
image

 
Introduction

In the current climate there is added pressure on business units in every organisation to show clearly how and where they are creating or adding value to the organisation. Good decision making and performance management are key to business value generation but neither are easy in today’s complex world. Furthermore, the corporate focus on IT costs is often driven by the enterprise-wide mandate to ‘do more with less’ and growing demands for compliance and governance-led transparency. Business Intelligence (BI) and Corporate Performance Management (CPM) solutions help organisations with all these aspects of business. They enable organisations to answer three key business questions: “How are we doing?”, “Why are we doing this?”, and “What should we be doing next?”. In terms of product offerings, these largely equate to: scorecarding, reporting and analysis, and forecasting. Most organisations do of course have systems in place to measure and monitor aspects of business performance, but all too often these systems stop at the Finance department. BI and CPM extend this practice to other areas of the business, and provide operational managers and employees with actionable business intelligence, i.e. information that is both relevant and timely.

.


 

 



 


Learn About This Report