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What is EPM - Enterprise Performance Management ?

EPM - Enterprise Performance Management is a strategic approach to improving business performance in an enterprise. The successful EPM implementation involves setting and deployment of tools, applications, methods and indicators to observe and manage business performance in an organization.

There are three questions that need to be answered to Manage Performance:

What should we be doing? - What needs to be done? The question is answered by Planning, Forecasting and Budgeting

The Enterprise Performance Management strategy is usually implemented in the following key business areas and relates to the following subjects:
- Customer Relationship Management
- Financial Performance Management
- Supply Chain Management
- Strategy Management, Corporate Performance Management
- Business Planning and Consolidation
- Workforce Analytics
- Business Intelligence Applications - data warehouses and data marts

EPM providers

ARC Retail Business Intelligence Suite
ARC is a comprehensive performance management solution for retail. This EPM solution helps retailers analyze the performance of their business from store to supply chain and it...

SAP EPM solutions
SAP recognized the importance of supporting EPM by establishing a cross-functional unit, focusing on business performance optimization. This unit brings together integrated...

Business Objects EPM
Business Objects EPM solutions help link together the processes and provide a common view of the business thus turn the organization into a performance driven enterprise by:...

Oracle PeopleSoft Enterprise Performance Management
Oracle's PeopleSoft Enterprise Performance Management (EPM) enables organizations to achieve high performance by aligning the right information and resources to strategic...