Strategic Planning
Develop the business model and strategy, identify strategic objectives, clarify cause-and-effect assumptions, and define how progress and execution will be reviewed.
Enterprise performance management
What is Enterprise Performance Management?
Enterprise Performance Management (EPM) encompasses a set of management processes, often supported by technology, that help organizations define, execute, and monitor strategy. A connected EPM framework can support informed decision-making, performance review, and continuous organizational learning.
The appropriate framework depends on business objectives, management processes, measures, source data, planning models, reporting requirements, users, controls, review cadence, and technology landscape.
Strategy to management action
Key Steps in EPM
Enterprise performance management moves through four connected steps. Each step needs explicit ownership, evidence, review, and decision rights.
Performance Measurement and Monitoring
Design meaningful key performance indicators that show progress toward strategic objectives and inform management decisions instead of emphasizing only what is easy to measure.
Business Intelligence (BI), Analytics, and Modeling
Analyze performance data and build an evidence base for decisions through appropriate reporting, sales or customer analysis, models, scenarios, and governed analytical methods.
Decision Making
Translate performance evidence into accountable management decisions and structured discussions, with actions, owners, timing, follow-through, and learning made visible.
Connected management processes
Integration with Key Management Processes
EPM connects with critical management processes so strategy, resources, programmes, risk, reporting, and analysis can be reviewed through a consistent performance framework.
Financial Budgeting, Business Planning & Consolidation
Align financial planning with corporate objectives, connect resource allocation with approved priorities, and update budgets and forecasts using current, trusted information.
Project and Programme Management
Connect projects and programmes with strategic priorities, intended outcomes, dependencies, resources, milestones, risks, and management review.
Risk Management
Evaluate financial and non-financial factors that may affect performance, including operating dependencies, capabilities, partnerships, controls, data, and execution readiness.
Performance Reporting
Define reports, measures, commentary, evidence, access, timing, validation, and review workflows for internal and external stakeholder requirements.
Full Analytical Integration
Align management processes with shared performance definitions and governed data so evidence can be compared across functions without hiding source, quality, or ownership limitations.
Decision-ready context
The Need for Integrated Information
Executive decision-makers need integrated information to understand historical performance, current measures, strategic alignment, and forward-looking plans. The required platform should connect evidence with the decisions and management processes it is meant to support.
Historical, current, and predictive views need documented definitions, lineage, refresh timing, access controls, validation, scenario assumptions, and accountable owners. Forecasts and predictive analytics remain decision support rather than guaranteed results.
EPM solution scope
SCMNEXX EPM Solutions
SCMNEXX can help teams evaluate EPM requirements for quantitative performance measures, financial planning, budgeting, consolidation, reporting, analytics, and management review. Scope may include SAP® planning and analytics capabilities where they fit the confirmed architecture and operating need.
Product recommendations and delivery responsibilities are confirmed against current competencies, vendor relationships, architecture, licensing boundaries, data, controls, implementation evidence, and support ownership. Expected benefits are baselined, agreed, and measured; they are not assured.
Discuss enterprise performance management