Why Enterprise Process Management?
Enterprise performance management starts with a simple question: "How's your organization performing today?" But unless you can get a straight answer, it ends there, too.
Enterprise Performance Management (EPM) answers the simple questions first. Modern business intelligence solutions offer rich visuals and personalized dashboards that make it easy for business managers to monitor the metrics that matter. It puts at their fingertips the key performance indicators (KPIs) that make proactive and predictive business management a reality. This allows managers at all levels to keep track of the metrics most important to them on a daily basis. With a head's up view of vital information, everyone now has the ability to manage to exceptions, monitor trends, and make smart decisions.1
EPM runs deeper than high-level metrics, KPIs and dashboards. It's a multi-disciplinary, cross-functional process that enables improved enterprise performance through alignment, visibility, and collaboration among business units and functional areas. More than just connecting strategy and goals to metrics, analytics and methodology are required to understand which metrics are important and how they should be measured. The pay-off is that the right information gets to the right people, at the right time, to make an impact.
