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What is Enterprise Performance
Management?

Enterprise Performance Management (EPM) is the business process by which resources are allocated, efforts are aligned, and progress is measured to produce optimized results for stakeholders. A superior EPM capability will be a competitive differentiator for an organization.

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Everything EPM written by Column5 thought leaders.

3 Key Findings from the Close Cycle Rankings 2016 You Need to Know

Does Unilever breakthrough into the Global Top 10 for speed of year end reporting herald a dramatic shift in European reporting efficiency? Sadly not.

The summary report for our annual Close Cycle Ranking research has just been published. It contains research into Q4/Year End Financial Results announcements for the year ending 31st December 2015 for over 1,000 of the world’s largest corporations.

The key findings from the research are summarised in the Global Summary report now available on the EPM International website and the Column5 website which can be downloaded on registration.

There are some key developments in the research in 2016:

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EPM Summit – Learn, Share, and Collaborate

Column5’s EMEA EPM Summit 2016, which took place on 30th June and 1st July 2016 at St James’s London, United Kingdom, promised to facilitate a platform to bring together customers, SAP product development and management teams (SAP BPC and BFC), and EPM Practitioners. The primary objective was to enable these participating groups to share their views, experiences, and future goals to take their EPM journey to the next level. As a first time participant and a presenter at the Column5 EMEA EPM summit, I was really thrilled to see the response from all these groups and as a result the final outcome. In this blog, I would like to share my views on the Summit and the key takeaways.

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The Changing Role of Finance: Results Reporting to Business Partner

Maximizing the value of your EPM BPC Implementation

The Need for Change

The Finance function is central to the successful operation of any organization.   Finance organizations are not immune to today’s pressure faced by businesses to reduce costs of business transactions while improving processes in alignment with the overall strategy and direction for the organization.  Faced with the demand to increase their role in the EPM lifecycle, Finance functions are moving away from a transactional data management focus to becoming deliberate business partners by providing assistance to the CEO and the organization in the development of strategic direction and key business decisions.

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Our Clients Us!

Read some of the kind things they’ve had to say about working with us.

"There is no doubt that implementing our new SAP EPM solution and improved performance management processes, with Column5's help, has enabled us to innovate and drive performance improvement across the company.  We are now more profitable, more responsive, more agile, and finance understands our total business better."

Director of Planning Global Sporting Goods Company

"Our EPM project has been a great success, not only by enhancing the way we plan and forecast but also through integrating these plans and forecasts with our actual data flows, enhancing our ability to prepare insightful management information, and a better analysis of future options.  Moving our planners off their legacy system was tough but now everyone sees the benefits."

VP Finance International Natural Resources Company

"Through tranformation of our reporting process we have introduced simplicity and accountability around a single set of numbers while improving the quality and speed of the information we report to the board and our external stakeholders.  We have used the time-saving made in preparation of the numbers to reduce our external reporting timetable and improve the quality and depth of our internal analysis."

Global Consumer Goods Company

"We originally  planned to take on BPC project management internally, but it was a smart decision that we used Column5 Project Management instead.  It freed up project resources to better focus on design, build & implementation while Column5 managed the detailed project plan and kept us on track with deliverables."

Varian.png2.png Director, Global Financial Systems Varian Medical Systems

"Before Column5 came in, certain reports and data manager packages were running much slower than they ever had.  With the work Column5 did, we were able to increase performance in most of the reports by up to 50-75% and in most of the packages by 100-300%.  Our users have been extremely happy with the performance increase and it's showing in our budgeting and forecasting processes."

new_balance_logo_transparent.png2.png Financial Information Systems Manager New Balance

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