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Business performance management (BPM) is a specific set of strategic processes used to guarantee the optimal performance of a business. A successful business performance management strategy looks at every aspect of a given business, analyzing financial, human and material resources and determining how they can work together for the overall betterment of that business’ bottom line. This information is then used to make the necessary decisions to ensure the business is using its resources efficiently to produce the greatest possible results.

Business performance management solutions differ from data warehousing solutions in that they focus more on applying learned information, rather than simply storing it. For example, business intelligence (BI) solutions use data warehousing tools to gather and expose company information, but don’t provide the capability to measure the data against the organization’s strategic goals, which is something executives require to manage the performance of their business.

Such support can only come from business performance management (BPM). BPM integrates a company’s financial, planning and data analysis applications to give executives an accurate, timely and complete view of their business and its performance. With such information easily at their disposal via dashboards and scorecards, executives are able to act on the information and make better-informed decisions.

Business performance management systems, such as Cartesis 10, reach across the enterprise, its subsidiaries and all of its applications to unify reporting and circulate data that is consistent, accurate and trusted via a single integrated data model.

With the help of Cartesis, implementing a successful business performance management strategy is fast, easy and effective. Cartesis 10 will provide the information, control and confidence your business needs by seamlessly unifying the processes of financial consolidation, management reporting, financial planning, forecasting, modeling and external benchmarking. The result is deeper insight into where you are, what’s working and what needs to change.