Enterprise Performance Management

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Enterprise Performance Management

Enterprise performance management (EPM) is a portfolio of financial applications, covering the full lifecycle of financial management and putting Utilities companies in control of performance. For companies that strive to be low-cost providers, an enterprise performance management solution with strong activity-based cost management and cost optimization features can deliver significant value.

SAP’s EPM applications integrate enterprise data and processes to streamline traditional finance processes. Companies can gain strategic insight for better decision making and reliable legal and management reporting, and can align business processes more precisely with their strategic goals.

There are many challenges to improving a company’s bottom line. Here are some key examples:

  • Many companies are struggling with the alignment between enterprise strategy and day-to-day operations
  • Inability to realign resources with changing market demands
  • Limited understanding of which customers and products create value

Enterprise Performance Management (EPM) includes methodologies, metrics, processes and systems used to monitor and manage the business performance of an enterprise. Applications that enable EPM translate strategically focused information to operational plans and send aggregated results.