Enterprise performance management (EPM) is a process and software system designed to help organizations link their strategies to their plans and execution. To support this, EPM includes the following management processes:
- Budgeting, planning, and forecasting
- Financial consolidation and close management
- Financial and management reporting
- Analysis of financial and operational performance
- Scenario modeling
The EPM process also typically includes the monitoring and managing of key performance indicators (KPIs) that let managers in various departments and divisions of an organization understand key market and business trends on a regular basis (i.e., hourly, daily, weekly, monthly, quarterly). Ultimately, this allows manager to respond quickly when the business or department is not performing to plan and to make adjustments to ensure they meet business objectives.
Host Analytics is the leader in cloud-based enterprise performance management (EPM), offering a unified platform for planning and modeling, consolidation, reporting and analytics. World-class companies like NEC, Burlington Coat Factory and Sanmina trust Host Analytics to power their strategic financial processes. Host Analytics is a fast-growing, private company backed by leading venture capitalists and is headquartered in Silicon Valley with customers in over 90 countries.
Want to learn more? Contact Host Analytics today or download our white paper.