Enterprise Performance Management (EPM)? All about EPM tools and Management & and Connected Planning. ORACLE tools
Enterprise Performance Management (EPM) EPM, in its full form, stands for Enterprise Performance Management. EPM encompasses the processes of planning, measuring and optimizing business results for enterprise organizations. EPM includes the following management processes: Budgeting, planning, forecasting and modeling Consolidating results and closing the books on a periodic basis Reporting results to internal and external stakeholders Analyzing performance vs. plan, prior years, across divisions or products Business Benefits of EPM Software Each generation of EPM software has brought new benefits to users and organizations. Spreadsheets helped accounting and Finance staff speed the process of capturing, recording, and calculating data. Then email made it easier to share that data. Packaged EPM software helps organizations increase efficiency by eliminating or augmenting spreadsheets, and improving planning and reporting processes through centralized databases, workflow, and p