Corporate Performance Management

SAP Solution BriefSAP Solutions for Performance Management
CORPORATE PERFORMANCE MANAGEMENT
Achieve Better Business Results by Controlling Performance with an Iterative Approach
With SAP® solutions for More than ever, companies are challenging their CFOs to move performance management, beyond traditional administrative functions and take a leadership you can proactively measure role in driving strategy and improving business performance. Why? Because leaders who understand what's driving financial performance using a single, performance at any point in time can make more calculated trusted data source and meet decisions about how best to marshal their resources. With the stakeholder requirements for right data, performance management tools, and resources, they “in time” and “in context” can improve operational efficiency, ensure regulatory and statutory compliance, and ultimately control performance for information. You can perform maximized profitability.all key financial performance management activities with an However, prevailing approaches to managing corporate perfor-integrated solution – defining mance offer limited opportunities to deliver business value strategy and managing execution; beyond basic transaction processing and reporting. Applications and technology that exist in their own silos impede enterprise-budgeting, planning, and con- wide visibility into performance. That makes it hard to integrate solidation; and modeling and corporate and departmental planning, model cost scenarios, and optimizing profitability. And all determine operational budgets based on strategic plans and stakeholders see how their assumptions. Even after consolidating data, few CFOs have the actions impact corporate tools they need for predictive analysis and calculated decision making based on a good understanding of potential risk. And performance. then there's the challenge of aligning operational plans, resources, and people across the organization to drive execution of corporate strategy.Close the Gap with SAP® Solutions for Performance Predict Profitability Outcomes Management You gain a complete understanding of the drivers of profitability. SAP® solutions for performance management provide a single, Equally important, the software automatically analyzes data integrated solution that lets you carry out the full life cycle of and proactively delivers critical information such as root-cause corporate performance management activities - defining strate- analysis. This can help you assess and understand what's gy and managing execution aligned with corporate goals; happened in the past and make risk-adjusted plans that improve budgeting, planning, and consolidation; and modeling and future performance.optimizing profitability. The software improves transparency and insight into corporate performance, enhances forward-looking The solutions are also unique in that they support holistic decision making, and enables timely, strategy-aligned actions by financial management, which is increasingly important for individuals across your organization. Now you can take control CFOs. Specifically, all of these corporate performance manage-over performance with software that allows you to do the ment solutions can be integrated with the SAP solutions for following. governance, risk, and compliance, as well as the SAP ERP Financials solution, the foundation for enterprise financial Empower All Stakeholders management. SAP ERP Financials is built on the SAP NetWeaver® With SAP solutions for performance management, all stake- technology platform, which leverages enterprise service-oriented holders are productive from day one. They can use familiar architecture to tie people, processes, and information seamlessly Microsoft Office tools and innovative productivity features such together. This integrated technology platform enables SAP as business process flows that guide them through predefined solutions for performance management to embed industry-standard processes. Intelligent action panes help them with specific content and analysis directly into core applications and activities based on the current task at hand. This minimizes processes. You'll have the insight and tools you need to craft training and ramp-up and ensures that tasks are performed effective strategies, as well as unprecedented abilities to deliver correctly. that information to your frontline workers when they need it ... [download for more]