A lot of people use the terms dashboard and scorecard interchangeably, believing that the two are really one and the same. The reality is that they are quite different and are used for different Enterprise Performance Management (EPM) purposes. When discussing the differences, it is easy to make an analogy with two things that we are very familiar with: the dashboards in our cars, and the scorecards or report cards we all received in school. Like the dashboard in your car--which monitors speed, fuel level, and distance traveled.
Topics:
Process Improvement,
Enterprise Performance Management (EPM)
If you have recently evaluated replacing your consolidation system, you were undoubtedly faced with justifying the value of the solution. While a new solution will have a plenty of new features and performance benefits, at the end of the day, the accounting rules that need to be followed and the results being generated are the same. Today, we are seeing more consolidation system evaluations based not only on adding value, but more importantly their ability to integrate with and add value to the overall enterprise performance management (EPM) processes. Implementing SAP Business Planning and Consolidation (BPC) is one way of accomplishing that, particularly through the use of business process flows (BPFs).
Topics:
Process Improvement,
Enterprise Performance Management (EPM),
Consolidation,
Value,
Data,
BPC (Business Planning & Consolidation)
In Part 1 of this series, I discussed the differences between installation consultants and technical consultants. In Part 2, we dug into the details of technical landscape design. In this third and final post of the series, I'll outline some of the Column5 Technical Services that can help ensure your project keeps moving forward in the post implementation environment.
Topics:
Process Improvement,
Enterprise Performance Management (EPM),
Performance,
Implementation
In Part 1 of this series, I discussed the differences between installation consultants and technical consultants. In Part 2, let's dig into the details of technical landscape design.
Topics:
Process Improvement,
Enterprise Performance Management (EPM),
Performance,
Implementation,
BPC (Business Planning & Consolidation)
I've been implementing planning solutions for many years. One of the areas that we often find on the agenda for a planning application design meeting -- or, if it's not on the agenda, something we will bring up -- is the question of whether the organisation has a separate budgeting cycle or whether the budget has been subsumed into a rolling forecast process.
Topics:
Process Improvement,
Excel,
Enterprise Performance Management (EPM),
Project Management,
Innovation,
Performance,
Roadmap,
Forecasting
Enterprise Performance Management (EPM) has come a long way from solutions that were first seen almost two decades ago. Of course, it could be argued that the first “EPM Technology” was the spreadsheet—dating back more than 30 years now.
Topics:
Process Improvement,
Enterprise Performance Management (EPM),
Business Intelligence (BI),
Performance,
Roadmap
It's not uncommon for business stakeholders to start forming a mental image of the solution once there is a high-level understanding of the features a new technology provides. But is understanding the sizzle the new tool brings to your current business challenges enough to have a winning project? Perhaps not!
Topics:
Process Improvement,
Enterprise Performance Management (EPM),
EPM ROI,
Value
Mike Sullivan
Charles Dagaev
Martin Lloyd
David Den Boer
Connie Folk
