corporate performance management

Components of CPM include all the practices, technologies, methodologies and metrics used to gather and apply relevant information. 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.

Historically used within finance departments, CPM software is now designed to be used enterprise-wide, often as a complement to business intelligence systems. Gartner predicts that by 2010, BI and CPM will have converged.

Getting started with corporate performance management

To explore how CPM is used in the enterprise, here are some additional resources:

Business intelligence and corporate performance management software: Build vs. buy: Should you develop a custom CPM system or purchase CPM software? Rick Sherman offers expert advice on evaluating and choosing the right approach

Corporate performance management software helps bank conquer its budget woes: Case studies are a great way to learn about what works, and what doesn't. Find out how one bank cut its budget process time in half with CPM software from Applix.

Learn more about Business intelligence technology platform

Business Intelligence Product Directory: Inside this business intelligence (BI) software product directory you'll find basic information about the major vendors in the BI market and the products they sell.
Business intelligence: This business intelligence learning guide introduces business leaders to the fundamentals of business intelligence (BI), a key technology to enable the agile enterprise.
Business Intelligence Product Directory: Inside this business intelligence (BI) software product directory you'll find basic information about the major vendors in the BI market and the products they sell.
What is Microsoft PerformancePoint Server 2007?: Learn about Microsoft PerformancePoint Server 2007, including the basics monitoring, analysis and planning applications.
Business intelligence basics with Microsoft PerformancePoint Server 2007: Learn how Microsoft PerformancePoint Server 2007 can improve business intelligence (BI), and get familiar with BI basics, in this book chapter.
Successful business intelligence: The role of BI front-end tools: Learn about the business intelligence front-end tools that are available to business users -- and how the right BI tool can lead to BI success.
	Data management books: Read sample chapters from industry-renowned data management books. Browse free excerpts about BI, compliance and security, EDI, data warehousing, data quality and data governance.

Do you have something to add to this definition? Let us know. Send your comments to techterms@whatis.com

More resources from around the web: - Hyperion is a vendor of business performance management products. - Cognos provides an overview of corporate performance management.

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