Top 27 Enterprise Performance Management Software
To keep up with the modern technology and still remain competitive, businesses have been forced to relook at their way of operation. The only way out is to get it right during your Strategic planning process and ensure the information management system is as effective as possible. This is the only guarantee of remaining competitive in the current business world.
The question is, how can businesses achieve this? An enterprise performance management system helps in addressing these concerns. With Enterprise Performance Management Software, you can effectively monitor and predict business performance, run your business comfortably and, ensure set goals are achieved as planned. This is how it works. By modernizing your business and performance management processes, you are able to make informed decisions on how to operate the business.
Decision making requires accurate and reliable data coupled with strong financial disciplined and observing best practices in the market. Enterprise Performance Management Software ensures you have access to the above key elements during your decision-making process.
Example of Enterprise Performance Management Software: Corporater, BOARD, Adaptive Insights, Fathom, Longview, Profitbase BI, idaciti, FinPro, Anaplan, BI360 Suite, Axiom Software, TCM software, Vena Solutions, XLReporting, Host Analytics, prevero, Tagetik, IBM Cognos TM1, Prophix, Oracle Hyperion, SAP Enterprise Performance Management, Tidemark, Hubble, Kepion, Infor Dynamic Enterprise Performance Management, True Sky, Vena are some of the Top Enterprise Performance Management Software.
You may like to review the How to Select the Best Enterprise Performance Management Software for Your Business
What are Enterprise Performance Management Software?
Enterprise performance management (EPM) considers the visibility of operations in a closed loop model across all facets of the enterprise. EPM supports financial planning and analysis and the domains include strategy formulation, business planning and forecasting, financial management and supply chain effectiveness.
Business performance management consists of a set of management and analytic processes, supported by technology, that enable businesses to define strategic goals and then measure and manage performance against those goals. Core business performance management processes include financial planning, operational planning, business modeling, consolidation and reporting, analysis, and monitoring of key performance indicators linked to strategy.
Enterprise performance management involves consolidation of data from various sources, querying, and analysis of the data, and putting the results into practice. It is also known as Business Performance Management, Corporate Performance Management and Enterprise Performance Management.
Enterprise Performance Management is a system that is designed to assist companies’ link strategies to their planning and eventually in the execution of those strategies. The main objective of having an EPM system is to ensure there is clear communication of the company’s objectives and strategic goals. This comes in handy during planning and budgeting process.
Enterprise performance management Software provides the visibility of operations in a closed-loop model across all facets of the enterprise specific to financial activities in the office of the chief financial officer, Enterprise performance management Software also supports financial planning and analysis. The six stages of the closed-loop EPM process model are: strategy development, strategy translation, organization alignment, operations planning, learning and monitoring, and testing and adaptation.
- Integration with important functions: Enterprise Performance Management Software should allow you to integrate the vital functions within the system so as to have a seamless functionality. Reports obtained from risk analysis can be timely communicated through emails or video conferencing to the concerned parties. Any input or clarification concerning a particular project can also be shared in real time thus saving time and improving the efficiency of the organization.
- Workflow and process management: This enables the organization to effectively manage workflows between different users in real time. You can create planning models for your company regardless of the location of different units and have instant updates from the different units involved.
- User interface: With advancement in technology, you need a system that can comfortably plan using the modern gadgets and at the same time allow interface with the different systems. It should also be easy to navigate between different roles carried out by the different users in the system. The system should easily adapt with your micro soft interface and make it easy to integrate with the in build software.
- Planning and forecasting: Your Enterprise Performance Management Software should assist you in planning and forecasting process. You are able to create goals for the organization as well as get a feel for what is happening through reports generated. The system ensures that the feedback is shared instantly thus able to arrest any challenge that might arise during the planning process. Through forecasting, the business is able to estimate sales income, expected expenses, and profitability of an organization.
- Financial management: The business can easily manage its financial operation and check the books of accounts in adherence to the set accounting standards. The process should be done in a timely and accurate manner so as to reflect on the true status of an organization to the stakeholders. The system also allows one to have insights and explanations on the status of company’s finances and relevant documents supporting the findings.
Top Enterprise Performance Management Software
You may like to review the How to Select the Best Enterprise Performance Management Software for Your Business
Corporater is a global software company that empowers medium and large organizations to evaluate, manage, and continually improve business performance by providing a business management platform that adapts to client's unique business model, out of the box. Corporater’s Business Management Platform is a revolutionary platform that enables businesses to link multiple management disciplines, including compliance, risk, strategy, operations, quality, projects, processes, HR and finance within a single interface to provide the right business context to make the right decisions. Using Corporater, you can create your own business management solutions for business dashboards, strategy management, KPI management, corporate performance management, BI…
•Ad hoc Analysis
•Budgeting & Forecasting
•Key Performance Indicators
BOARD integrate Business Intelligence Software (BI) with Corporate Performance Management tools and provides Business Intelligence functions including reporting, multi-dimensional analysis, ad hoc querying and dashBOARDing is combined with the ability to manage and monitor all performance planning and control processes, from budgeting, planning and forecasting to profitability analysis, scorecarding and financial consolidation. BOARD International is a global leader in the Business Intelligence and Performance Management space. BOARD has enabled over 2,500 companies worldwide to rapidly deploy BI and CPM applications in a single integrated environment completely programming-free and in a fraction of the time and cost associated with traditional solutions.…
•Data discovery and analysis
•Predictive and advanced analytics
•MS Office integration
Adaptive Insights : Adaptive Insights provides a unified Business Intelligence (BI) and Corporate Performance Management (CPM) suite built from the “cloud up” – planning, consolidation, analytics and reporting applications that are powerful yet intuitive for all types of business users. The solution portfolio includes Adaptive Planning, Adaptive Consolidation , Adaptive Discovery and Adaptive Integration and Adaptive Revenue. Adaptive Insights is a leader in cloud business and financial analytics solutions for companies and nonprofits of all sizes. The company’s software as a service (SaaS) platform allows finance and management teams to work together to plan, monitor, report on, and analyze financial…
• Dashboards and Analysis
• Faster Financial Reporting
• Budgeting and Forecasting
Fathom is an easy to use management reporting and financial analysis tool, which helps you to assess business performance, monitor trends and identify improvement opportunities. Fathom is a very user friendly tool used for management reporting plus financial analysis, which enables to have assess on the business performance, find opportunities for improvement and monitor trends. It converts the accounting data into various perceptive dashboards and visual reports.Fathom provides with a set of metrics and in-depth analysis tools which help to gain deeper insights about how well the business performance is. Such metrics plus tools help to evaluate cash flow, growth,…
•Gain deeper insights by assessing KPIs
•Create beautiful reports and dashboard
•On-the fly benchmarks
Longview provides simplicity, delivers fast results and offers innovative software that helps users build their business intelligence in a way that the company would benefit from. Navigate easily using their dashboard to oversee new and real time data from different sources, reporting that matters to the business as well as planning solutions to address immediately problems with the right solutions.Longview’s DORA or Design Once, Run Anywhere is the base principle of their software. Create reports and dashboards on time and make it available across all devices that are used such as notebooks, smartphones and tablets. DORA also enables apps to…
•Service creation environment
•Web self-service analysis
•Personal dashboards (BI Wall)
•Planning framework & workflow engine
Profitbase BI solutions empower business users with actionable information that provides deeper insight into enterprise performance, enabling them to see trends, resolve issues, identify and capitalize on opportunities. The company designed its products in a way that enables businesses to function in better way by making an effective use of information available. Profibase suit solutions make it possible for businesses to improve their performances significantly. Software solutions allow business to compile information and analyze it. Information can be presented in the form of reports and ledgers. One the information is organized decisions can be made accordingly. Planning, forecasting and financial…
•Allows presentation of data in form of reports, tables and modals
•Allows forecasting and budgeting
•Enables financial decision making
•Enables development of business applications
•Easy and quick retrieval of information
•Organize and manage data
idaciti is transforming the way companies use global public financial and non-financial data, by providing access to it via a simplified SaaS platform that charts all the KPIs CEOs, CFOs, accountants, consultants and investor relations needs to see (including all public filing footnotes). With idaciti, it's easy to Perform competitive analysis, Benchmark and report with ease, Determine a roadmap for growth and Understand your market landscape. Harness the full power of public financial and non-financial data, including footnotes and disclosures, for any business analysis. Access, use and share public financial and non-financial data easier than ever before. It'll change how…
•Financial DNA analysis
• Reporting and Analysis
•Pre-built reporting/Analysis Taxonomy
•MD&A for hidden insights
FinPro is a software Solution for Excel Automation, Financial Reporting, Consolidations, Drilldown Analysis, Data Visualization and Budgeting & Forecasting. It provides timely analysis and insights that is advantageous to the business to ensure profitability. FinPro’s Excel based and real time interface provide its business users to access meaningful reporting and dashboarding to optimize business operations in a secure environment.FinPro is a comprehensive, self-service, end-user reporting and upload software that allows the business to consume information in Microsoft Excel. This also allows using different data from different sources such as ERP, GL, CRM and SQL databases, FinPro also has customized security…
•Unlimited User Licenses
•Safe and Secure
•Works 100% with Excel
•FinPro Reporting, Planning, Analysis
Anaplan delivers an unrivaled planning and modeling engine, collaboration in the cloud, and a simple interface for business users.Anaplan’s Smart Business Platform combines the five elements required to enable this – connection, versatility, foresight, scale, and self-service.Anaplan App Hub enables customers and partners to build, share, and deploy cutting-edge apps. The Anaplan community brings together experts from a wide range of business domains, industries, and organizations. You can quickly discover the applications you need, deploy them in one click, and customize them to solve your company’s complex challenges. Anaplan customers can create apps with models across these areas or customize…
Solver’s BI360 is a complete Business Intelligence (BI) and Corporate Performance Management (CPM) suite that facilitates easy reporting, budgeting and dashboard modules for organizations of all sizes. The BI360 suite is designed in such a manner that it offers a data warehouse that combines users’ data sources. In addition, the solution empowers all business users with self-service analytics that are necessary and critical in the process of facilitating fast and efficient decision-making.The reporting power of the program is also powerful, intuitive Excel-based report writer. The software also allows organizations to run their reports in Excel, in a web browser or…
•Works on mobile platforms also
Axiom Software provides flexible performance management solutions that empower finance professionals to analyze results, model the future, and optimize decision making. Solutions for long-range planning, budgeting and forecasting, reporting and analytics, profitability and cost management are delivered on a single integrated software platform.Axiom Budgeting and Forecasting solution enables finance professionals to streamline the financial planning process and link operational drivers to financial results for improved organizational decision making.Axiom Reporting and Analytics solution is designed to be the financial and operational reporting hub for the entire organization, providing finance and operations professionals, as well as business users, with real-time access to…
TCM provides a powerful database and tools for the most complex budgeting and forecasting, financial consolidation and management reporting and analysis.TCM’s integrated functionality provides an easy-to-use solution to give you a complete picture of the organisation, allowing you to view and analyse it from a variety of perspectives. TCM is a financial tool. It enables users to prepare financial reports, forecast, prepare budget, consolidate or perform other financial functions with perfection. Users can see different scenarios to improve decision making process. Users can analyze information to guide their actions and decisions. TCM make use of databases to handle its operation.…
Enable forecasting, budgeting and reporting
Enable scenery planning
Enable analysis and planning
Enable controlled consolidation
Vena Solutions platform embraces the best of Microsoft Excel, extending and evolving its capabilities to create a next-generation enterprise solution that is powerful yet intuitive. Vena offers the most comprehensive suite of cloud-based corporate performance management (CPM) capabilities with a quick deployment methodology - all without compromising what you love best about Excel. Vena solution simplifies collaboration so that your entire organization is on the same page. With Vena, you can automate your manual processes by creating and assigning tasks with a sophisticated workflow engine that also allows you to monitor user activity in real time. Vena serves up native…
XLReporting simplifies reporting and consolidation. It focuses more on analyzing the data and has all the features necessary for statistical representation and analysis of data. It can import data from multiple sources and merge it all under one database. Pivot tables, charts and interactive dashboards can be created through this software and the best part is that it is very easy to configure. Just follow 3 simple steps and the data will be configured and analyzed for usage. Define the structure and gathers up all the raw data that defines the business such as the companies, business units and currency…
•Define your structure
•Import your data
•Report and analyze
Host Analytics : Host Analytics is a leader in cloud-based enterprise performance management (EPM), offering a suite of financial applications for planning, consolidation, reporting, and analytics. Host Analytics product portfolio includes Modeling Cloud, Planning Cloud, Close Management Cloud, Reporting Cloud and Analytics Cloud. Host Analytics offer a complete suite of enterprise performance management applications built from the ground up as cloud-based applications. Modeling Cloud allows users to perform advanced modeling on large volumes of data by creating what-if scenarios and adding members and calculations on the fly in their own environment. Offering Excel, web, and mobile user interfaces, Modeling Cloud…
Prevero, is a software provider specializing in business intelligence (BI) and performance management solutions.. It provides consistent Self-Service BI and CPM supported by wizards and workflows, users from specialist departments can map and modify all kinds of operational processes and contents. Solution’s user interface is clear and simple. To plan and analyze company data in completely flexible way users can access worksheets via the OneClient in different browsers on fixed and mobile devices, and in the cloud. This feature brings significant BI benefits to all customers.Prevero 9 allows an extended allocation wizard enabling users to commit specific base values for…
•Planning, budgeting and forecasting (PBF)
•Financial forecasting & profitability
•Align data content with familiar visualization
•Data input is managed and controlled
•Dependent values are automatically calculated
•Unique compression techniques and algorithms
•Live, real-time performance
•Analyses and queries
•ERP, CRM and financial accounting solutions integration
•Ad hoc reports
Tagetik understands the complex challenges that face the Office of Finance and translates that knowledge into intuitive, enterprise-scale performance management software solutions that drive business results. With Tagetik, companies get the simplicity of the Cloud and the power to unify financial and operational planning; shorten the consolidation and close process; immediately analyze results, model and compare full financial statement impact of business scenarios; adjust strategic plans; seamlessly update rolling forecasts; produce formatted and auditable financial statements and management reports; collaborate on business reviews, and automate disclosure and board reporting. Tagetik has built-in financial intelligence so that CFOs, finance managers, and…
IBM Cognos TM1
IBM Cognos TM1 is an enterprise planning software platform that can transform your entire planning cycle, from target setting and budgeting to reporting, scorecarding, analysis and forecasting. Available as an on-premise or on-cloud solution, and with extensive mobile capabilities, Cognos TM1 enables you to collaborate on plans, budgets and forecasts. You can analyze data, and create models – including profitability models – to reflect a constantly evolving business environment. In addition, integrated scorecards and strategy management capabilities help you monitor performance metrics and align resources and initiatives with corporate objectives and market events. Provides powerful planning and analysis. Create and…
Prophix is a leading developer of innovative performance management solutions designed to automate financial and operational processes, making companies more profitable and reducing their risks. Prophix unified solution supports the complete spectrum of CPM functionality including: Budgeting, planning and forecasting, Financial, statutory and management reporting, Financial consolidation, Profitability modeling and optimization and Strategic planning. Prophix’s Corporate Performance Management (CPM) software solves this problem by enabling organizations to achieve integrated financial planning and ultimately improve their long-term strategic decision making. Integrated financial planning is a combination of technology and processes that connects the planning function across an organization to improve operational…
Oracle Hyperion Planning is a centralized planning, budgeting, and forecasting solution that integrates financial and operational planning processes and improves business predictability.Oracle Hyperion Planning helps to reduce planning, budgeting, and forecasting cycles by weeks or months. Improve accuracy of plans and forecasts. Shrink the user learning curve by leveraging a Microsoft Office-based interface. Eliminate time lag between when plans are updated and reports are refreshed.Reduce cost of ownership through superior application deployment, management tools, and packaged data integration. Choose to deploy in the Oracle Cloud, on premises, in a third-party data center, or any combination. https://www.youtube.com/watch?v=7lzFVqU_Ojw
SAP Enterprise Performance Management
SAP Enterprise Performance Management Plan and simulate in the moment, be the engine of insight, and improve results with enterprise performance management. Increase revenue and profitability through the ability to better strategize and plan, analyze and optimize, and close and disclose with SAP software for enterprise performance management, also known as corporate performance management. Improve financial planning and analysis and escape Excel proliferation. Drive profitability with fact-based decisions. Deliver a faster, more reliable close to disclose and Reduce cost and risk.With automated processes such as data aggregation and embedded calculations and reporting, more time is available to model and simulate…
Tidemark extends financial planning beyond the CFO’s office to the front lines of every business decision maker. Tidemark helps medium and large enterprises transform their businesses with cloud-based planning, forecasting and analytic applications that work for everyone on any device. Tidemark apps empower business users to affect the complete story of their company performance. The Tidemark Platform uses the computing and storage elasticity of the public cloud to manage any data, at any scale, and run calculations in real-time. With an HTML5 consumer-like user experience, your organization can collaborate in planning cycles, run predictive what-if scenarios, and understand performance.The Tidemark…
Hubble is an integrated suite of performance management apps that offers reporting, analytics, and planning in a single, real-time solution that fully understands your ERP. Hubbles integrates your critical business systems so users at all levels have access to live data - extraordinarily fast. Now, everything truly is connected, and everyone can easily understand, manage, and predict the business. Analyze information throughout all facets of your business; sales performance management, human capital performance management, customer service, operational performance management, customer satisfaction, and much more. Whatever you want to see, Hubble makes it happen.Hubble leverages the existing logic already in these…
Kepion's Corporate Performance Management (CPM) Solution, let to collaborate on a single approach for integrated business planning. Designed for the business, by the business, Kepion's Corporate Performance Management Software allows sales, finance, operations, marketing and HR to configure personalized planning apps specifically to how they work. Kepion's Dashboards and Scorecards Software helps you visualize performance, plan for efficiencies and track your results. Kepion allows you to design and develop your own enterprise applications that work just perfectly for your planning, budgeting and forecasting process. With Kepion’s Business Intelligence BI Modeler, you can build CPM solutions in a matter of days,…
Infor Dynamic Enterprise Performance Management
Infor Dynamic Enterprise Performance Management (Infor d/EPM) delivers business and financial performance management applications with support tools that allow you to centralize your data, build plans tailored to your business, forecast more accurately, analyze your business more effectively—and ultimately gain greater insight, so you can make more informed decisions. The Infor Enterprise Performance Management suite of products is based on an in-memory analytics platform that provides instant consolidation of data and immediate user feedback on the impact of financial and business plans and forecasts. And with in-context business intelligence capabilities built in, the benefits go far beyond just easy access…
True Sky is a corporate performance management (CPM) platform that streamlines the budgeting and forecasting process for companies using Excel.It reduces the time spent on creation, input, data merging, and review processes traditionally involved with planning, budgeting, and forecasting.Excel-based for ease of use, packed full of uniquely powerful functionalities, and designed to encourage forward-thinking budgeting practices such as rolling forecasts and driver-based planning, True Sky provides businesses with an easy path towards agility.True Sky was specifically developed to be easily adopted and maintained by the finance group, without tying up valuable IT resources.Once installed and configured, True Sky software can…
Budgeting, Planning and Forecasting
Monitoring & Reporting
Vena is an enterprise class software for budgeting, planning and forecasting with powerful reporting and analytics. It works to transform excel into the enterprise budgeting, planning and revenue forecasting solution that you need. It embraces the best of Microsoft Excel, extending and evolving its capabilities to create a next-generation enterprise solution that’s powerful, yet intuitive. Vena has a fresh approach to CPM that connects your excel spreadsheets, templates, formulas and models to a central database governed by a sophisticated workflow engine and business rules. This means that you will continue to benefit from the flexibility and unmatched computing power of…
• Automate excel processes which liberates your team from the grind of verifying data, chasing down numbers and building reports by automating your core financial process.
• Deliver insightful analysis which makes finance the acknowledged expert in analysis.
• Guide the whole business
• Budgeting & planning
• Seamless data integration