The unpredictability of today’s markets require resilience and agility to navigate and thrive in. Enterprise Performance Management provides chief financial officer (CFO) with the tools to support informed decision-making across an enterprise. This occurs through the development of a common performance management framework, enabled through appropriate technology investment and the design of one cohesive data model.
How KPMG can help
We believe that in order to make Enterprise Performance Management efficient and effective in a business, companies must focus on three key areas:
- creating sustainable planning, budgeting and forecasting models;
- robust performance reporting, to give the enterprise insight and forward-looking information;
- dimensional profitability and costing capabilities, which help to provide deep-rooted analytics on the underlying drivers of value of the business.