April 5, 2017

Corporate Performance Management (CPM)

It is a set of processes that help organizations optimize business performance

(It is seen as a next-generation Business Intelligence).

It focuses in business processes such as planning and forecasting. It helps discover efficient uses of business units, financial, human, and material resources in order to achieve cost minimization and consequently maximize return on investment. Involves consolidating data from various sources, querying them, and analyzing the data, putting the results into practice.