Enterprise Performance Management
Enterprise Performance Management (EPM, sometimes referred to as CPM, BPM or SCPM) combines management methodologies, metrics, and technologies that enable users to define, monitor, and optimize results and outcomes to achieve individual or departmental objectives. This enables alignment with strategic objectives across multiple organizational levels.
Lynx EPM solutions enable organizations to combine planning processes with budgeting, forecasting, reporting, and score-carding, effectively aligning organizational performance with corporate strategic vision. Some of the most popular uses of our EPM solutions are:
- Consolidation/Close Management
- Reporting & Disclosure
- Collaborative Budgeting, Planning, and Forecasting
- Research & Insight
Using EPM, Lynx clients can collaborate on strategic plans and corporate budgets, perform sophisticated financial analysis, and adapt to change quickly with frequent, driver-based rolling forecasts. Plans can be prepared and analyzed in real time without having to move data between applications. Clients can develop budgets, plan targets, and forecast within the system or easily and automatically import data directly from disparate data sources.
EPM also offers simultaneous write-back for the purpose of saving budget data to the company’s relational databases or data-warehouses. This allows for complete management of workflow, audit trail, versioning, scenarios, and approval status processes.
Check out our Planning Webinar!
We discuss how we leverage one of our software partners to get useful diagnostics and planning data to enhance enterprise performance.
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