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Corporate Performance Management (CPM)
Business Intelligence (BI) has become a strategically focused initiative to improve performance visibility, but needs to be integrated into each business process to guide business operations towards achieving strategic objectives.
Corporate Performance Management (CPM), an application of Business intelligence, encompasses processes, methodologies, metrics and technologies that enable enterprises to measure, monitor and manage business performance. In conjunction, Business Activity Monitoring (BAM) provides real-time access to key performance indicators (KPI) to improve the efficiencies and effectiveness of business operations.
Click for full imageWithin pharmaceutical companies, CPM can be used for clinical performance management and product demand forecasting. The competitive and regulatory environment requires alignment of all areas in the organization, from Research and Develop to Sales and Marketing to Finance and Customer Service. With CPM, companies can sustain a level of enterprise visibility, gaining a competitive advantage, ensuring compliance and measuring results. By delivering multiple CPM engagements, HighPoint Solutions has recognized that Performance Dashboards, scorecards and reports improve finance, operations and workforce, and effectively improve communication across the enterprise. Performance Dashboards can be successfully deployed to achieve measurable business improvement in areas such as.
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