corporate performance management (CPM)
Corporate performance management (CPM) is the area of business
intelligence (BI) involved with monitoring and managing an organization's performance,
according to key performance indicators (KPIs) such as
revenue, return on investment (ROI),
overhead, and operational costs. CPM is also known as business performance management (BPM) or
enterprise performance management (EPM).
Historically used within finance departments, CPM software is now designed to be used
enterprise-wide, often as a complement to business intelligence systems. CPM software includes
forecasting, budgeting
and planning functions, as well as graphical scorecards and dashboards to display and deliver
corporate information. A CPM interface usually displays figures for key performance indicators so
that employees can track individual and project performance relative to corporate goals and
strategies. Some companies use established management methodologies with their CPM systems, such as
balanced
scorecard or Six Sigma.
This was last updated in April 2011
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