Corporate Performance Management (CPM) brings reporting, descriptive and predictive analytics and automated alerts together with:
Planning.
Budgeting.
Forecasting results.
It is designed to provide a framework that organises information, opens up new management perspectives, triggers corrective action and optimises performance.
The fastest-growing area in BI analysis is Corporate Performance Management. CPM does not only analyse performance: it compares that performance against business objectives, alerting business users when actual results fall out of step with the company's goals. CPM and BI take management to a higher level by automating data collection, comparing it against objectives automatically and alerting management when performance drifts away from those objectives.
