What Is Enterprise Performance Management?

And why do you need it?

EPM Analytics

At a Glance

What is
Enterprise Performance Management (EPM)?

EPM software specialises in budgeting, forecasting, and financial management. It provides businesses with data, analytics, reporting, and forecast modelling, so that management can analyse and plan strategically for the business.

EPM software allows organisations to align strategy with execution. It grabs data generated from systems, processes, and activities – typically recorded in ERP systems, across the organisation. EPM builds analytics from the resulting data, to identify business drivers
and other insights. Management can then assess new opportunities, raise profitability, and respond with greater agility in the face of unanticipated change.

Key Elements of EPM

EPM used to be run on premise. But today, more and more EPM software systems run on the cloud. A cloud platform provides a range of benefits, such as:

  • Large Data Storage Capacity

  • shield

    Stronger Security

  • flexible

    Easier Integration

  • applications

    Complimentary Applications

How does EPM work?

Accessing information
across the business

  • Creating a strategic plan

    As a fast-growing company, your needs are beginning to outpace your current system capabilities. As your business grows, you need to put best-practice processes in place.

    check list
  • Budget

    EPM gives you a financial overview of all lines of business and allows you to plan and build flexible budgets. The workflow process is typically automated, improving efficiency.

  • Track and Report

    Real-time data lets you assess performance across the company and determine whether changes are needed. You can then prepare management reports that are compliant and align with regulatory guidance.

  • Assess and Analyse

    EPM also lets businesses review performance and profitability against that plan. It also lets you identify and resolve underperformance areas, find new opportunities, and have a data-driven approach to strategic planning.


    Deep Dive in EPM Processes

    • Consolidation & Close

      Reduce Risk, Save Time, Become Agile

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    • Budgeting, Planning & Forecasting

      Navigate the uncertain, ever-changing commercial environment with confidence

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    • Data Collection and Reporting

      Make More Accurate, Data Driven Decisions

      Learn more
    • Regulatory Reporting

      Rest Easy, Stay Compliant

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    • Disclosure Management

      Don't trip on the last hurdle!

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    • Cashflow Planning and Analysis

      Manage Risk & Improve Cash Management

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    • Profitability Analysis

      Steer your business in the right direction

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    • BI & Predictive Analytics

      From Data to Intelligence

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    Industry Cases

    EPM Examples in Business Sectors

    Financial Services

    These organisations need to constantly adapt their business models to regulatory and market shifts, making it harder to meet profitability targets. EPM improves efficiency in the cost management and detailed profitability analyses that support the more complex and detailed
calculations required to determine profitability potential.


    More consumers are shopping online which has forced retailers to change their business models, and give access this sector has undergone momentous change, including access to a new and growing repository of rich consumer data. EPM allows retailers to calculate and simulate profitability down to the transaction level, identifying new revenue streams and consumer groups to help grow the business.


    Supply chain disruption has taken its toll on manufacturing. EPM gives manufacturers
accurate costs and profitability analytics to make ‘build or buy’ decisions. Because
manufacturers can access real-time data and insights, they can protect margins and ensure profitability.

    Evolution of Enterprise Performance Management

    As a fast-growing company, your needs are beginning to outpace your current system capabilities. As your business grows, you need to put best-practice processes in place.
    Silos made it difficult for finance teams to consolidate objectives, budgets, and data into a single strategy for the business. This was a complex and cumbersome process that took long and often failed to paint a clear picture of the business due to human error or the inability to comply with continually changing regulations.
    Data was also inaccurate which made it difficult to respond quickly to changes in the business. Underperforming results often did not surface until much later.
    EPM emerged in the 1990s, and automated reporting and financial consolidation, as well as eliminating manual workflows, improved efficiency, and consistency in reporting and regulatory compliance.
    Today, EPM systems have moved onto the cloud, making the technology more accessible to small and medium-sized organisations that did not have the budget or capability to support the infrastructure on-premises. Cloud EPM has provided additional efficiencies and critically, access to real-time operational and financial management information so performance can be tracked wherever, whenever.
    In addition, EPM now takes performance management and planning beyond the office of the CFO into the world of extended planning and analysis (xP&A), into the realms of – HR, Supply Chain, Manufacturing, Sales, Marketing etc. Planning is for everyone, and each department is part of an integrated view of financial and operational plans, raising collaboration, accuracy, and agility.

    EPM Technology Solutions

    SAP Analytics Cloud

    Bringing Planning and Consolidation with INSIGHT

    Wolters Kluwer

    Go Beyond Corporate Performance Management

    SAP Business Planning & Consolidation

    24x7x365 Support and Training of Your BPC System

    We are proud to be trusted
    by our EPM clients

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