Enterprise Performance Management in Detail

Enterprise performance management (EPM) refers to an integrated management approach that links strategic goals directly to the operational and financial activities necessary to reach those objectives. Comprising of Strategy Management, Profitability and Cost Management, Business Planning, Financial Consolidation, Spend, Supply Chain and other operational performance areas, Enterprise performance management aligns the processes, systems, and metrics needed to measure and manage the performance of an organization.

SAP recognized the importance of supporting these functions for the enterprise by establishing a new cross-functional unit, focusing on business performance optimization. This unit brings together integrated technology & product portfolio with the people, ecosystem partners, and best practices specifically designed to help organizations drive business performance, manage risk and optimize the financial value chain.

SAP BusinessObjects enterprise performance management solutions bring together a set of applications that combine strategic goal-setting linked to effective budgeting and reporting, with additional abilities to analyze profitability.

* Please note that many of the documents listed here refer to Corporate Performance Management (CPM). That term, and the methodological and product references that go with it, are generally now considered to be part of the discipline called Financial Performance Management (FPM). SAP provides solutions for both Financial and Operational Performance Management and for this reason we are now refering to both as Enterprise Performance Management.

Empowering the Business User with CPM  

Corporate performance management encompasses a set of solutions that are targeted at an organization's decision-makers who coordinate the budgeting, reporting and consolidation activity. CPM solutions provide insight into budgets and seek information from the actuals in order to facilitate variance analysis through various reporting tools. Muthu Ranganathan, Principal Product Manager responsible for SAP Business Planning, discusses how to get the most from CPM.

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In the area of performance management, there are many adhoc needs that cannot be defined upfront. This blog discusses the important considerations and the supporting solutions to empower the business user with SAP's CPM solutions.

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This blog discusses how CPM solutions are superior to spreadsheets – regarding reporting and data manipulation.

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This blog talks about the importance of extending the performance management solution to the entire organization.

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There are seemingly two conflicting requirements in a CPM (Corporate Performance Management) application: individual departments wanting a solution tailored to meet their unique needs, while both IT and Corporate Finance want a single solution to provide consistency and supportability. This blog discusses how this challenge evolves in the market.

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There has been a lot of activity in this space recently, so what is "CPM" at SAP now? What is happening to SEM and/or BI-IP? This blog makes start on addressing these important questions.

More on Corporate Performance Management

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Process and performance are the two most important business terms, for any successful, sustainable and long term business. Only a process centric performance management can sustain and grow the business from a long term perspective. This has been further reiterated by the recent AS5 standard under Sarbanes Oxley. This blog explores how the SAP offerings in performance management are "P Squared" (performance through process).

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Learn from this blog how the integration of GRC solutions and ERP into CPM solutions is essential to support all performance management processes from developing the strategy to measuring the actual performance. 

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This blog discusses variance analysis and its relevance to performance management software.