Last Updated on by Sabina
Business Performance Management (BPM) software is designed to help organizations monitor and manage their key performance indicators (KPIs) and overall performance. It provides tools and functionalities to track and analyze various aspects of a business, such as financial performance, sales and marketing metrics, operational efficiency, and more. Here are some popular BPM software solutions:
Anaplan
Anaplan is a cloud-based platform that enables businesses to plan, model, and analyze their performance in real-time. It offers features like budgeting and forecasting, workforce planning, sales performance management, and supply chain optimization.
Adaptive Insights
Adaptive Insights (now part of Workday) is a comprehensive cloud-based planning and analytics platform. It helps organizations with financial planning, budgeting, forecasting, and reporting. It also provides dashboards and scorecards for performance monitoring.
IBM Planning Analytics
Formerly known as IBM Cognos TM1, IBM Planning Analytics is an enterprise planning and performance management solution. It offers capabilities for budgeting, forecasting, scenario modeling, and financial reporting. The software integrates with other IBM products for broader analytics and data management.
Oracle Hyperion
Oracle Hyperion is a suite of performance management applications that assist organizations in financial planning, budgeting, and forecasting. It includes modules for financial consolidation and reporting, strategic planning, profitability and cost management, and more.
SAP Business Planning and Consolidation (BPC)
SAP BPC is an enterprise performance management software that integrates with SAP’s ERP systems. It provides functionality for financial planning, budgeting, forecasting, and consolidation. It also supports compliance and regulatory reporting.
Tableau
Tableau is a data visualization and analytics tool that can be used for performance management. It enables businesses to create interactive dashboards and reports to monitor KPIs and performance metrics. Tableau integrates with various data sources and offers advanced analytics capabilities.
QlikView
QlikView is another data visualization and business intelligence software that helps organizations analyze and visualize their performance data. It provides interactive dashboards, reports, and ad-hoc querying capabilities.
These are just a few examples of BPM software available in the market. The choice of software depends on the specific needs and requirements of your business. It’s important to evaluate factors such as scalability, ease of use, integration capabilities, and pricing when selecting a BPM solution.
