Justifying Your CPM Investment - It's Not Just Smoke and Mirrors!
For many managers, the last four words - "Make better decisions faster" - are the raison d'être for investing in Corporate Performance Management (CPM). Today's ultracompetitive, volatile, and uncertain markets demand that managers are able to make high-quality decisions in real time. Traditional static budgeting and reporting processes that rely on the general ledger or ERP system to drive monthly or quarterly processes are increasingly seen as obsolete. CPM provides a set of tools that enables managers to structure their performance management processes to the rhythm of their business, not just to their accounting calendar.