What is a CPM system: well about technology

Corporate Performance Management (CPM) is a performance management system of the enterprise. The complex integrating all processes, methodologies and metrics necessary for measurement of indicators of organization activity and management of these indicators. It is also possible to meet such synonyms as Enterprise Performance Management (EPM), Strategic Enterprise Management (SEM) and Business Performance Management (BPM).
History of the term | Description of CPM | 5 main blocks of the CPM functions on Gartner

Functional comparison of CPM systems

In July, 2016 TAdviser provided results of the research devoted to comparison of functionality of the key CPM systems presented at the Russian market. Drawing up comparative tables which allow to estimate strong and weaknesses of software products in sale of these or those tools [1] (more detailed) became a result of a research

Perspective CPM technologies

Often the Russian companies use only limited functionality of CPM systems though the range of their application can be much wider, and the result from implementation of additional opportunities can bring notable pluses. With the purpose to learn what functions and technologies of CPM systems are for some reason still insufficiently demanded by the Russian customers, at the same time, have high potential of application in the future, TAdviser conducted survey among participants of the Russian market of CPM [2] (in more detail).

Assessment of the Russian market of CPM systems at the end of 2015

In the Russian market of CPM systems in 2015 negative dynamics was traced. The number of new projects was reduced, especially telling blow was received by foreign vendors of CPM which share for the last year significantly decreased [3] (in more detail).

Revenue of participants of the Russian market of CPM

Change of customers needs of CPM systems

In difficult economic conditions IT budgets of many companies are reduced, however, former tasks remain therefore customers often demand now the best for smaller money and are focused on priorities, one of which is increase in efficiency [4] (more detailed).

Main trends of the Russian market of CPM

With the purpose to learn what trends are most noticeable and perspective for the domestic market of CPM systems, TAdviser polled a number of the Russian companies. Among the main trends market participants call flexibility of solutions, support of cloud computing and mobility, integration of CPM with adjacent business processes, expansion of functionality of systems and the list of consumers, availability of operation, use of open software [5] (etc. more detailed).

Main drivers and barriers of the market of CPM

The Russian market of CPM is characterized by the high competition which stimulates growth of product quality and services on the one hand and leads to decrease in their cost - with another. In such conditions, according to experts of the market, the strongest, whose business survives it is organized more effectively, costs are lower, and product innovations are unique and allow to fight and win productively. In other words, the situation stimulates high-quality development of the offer in the market of SRM that is unconditional plus [6] (in more detail).

The Russian banks were historically most active in mastering of CPM technologies the financial sector and, more specifically. However, over time technologies of performance management began to be in high demand also in trade and a public sector, the attention to CPM and grows in other industries [7] (in more detail).

In Russia the greatest number of projects is executed in Central Federal District – about a half from the total number of implementations for which the region is specified. Approximately on 11-12% it is the share of Volga and Siberian Federal District. About 8% of implementations of CPM systems are executed in Ural federal district, as much in Northwest. Less than 7.5% totally are the share of other federal districts [8] (in more detail).

According to data of base of projects of TAdviser, by the number of implementations among all CPM systems presented at the Russian market the solution "INTALEV is in the lead: Corporate management" [9] (in more detail).

If to take all solutions of the class CPM falling on specific vendor in consideration, then here positions will be distributed on another, however the same companies [10] (more detailed) will remain participants of Top-5.

Management of financial performance: bases

The solutions financial performance management (FPM), or management systems for financial performance, represent a separate segment of the market of the automated management tools enterprise performance. As a rule, systems belonging to this category represent tool kit of planning, the reporting and analytics allowing the companies to manage financial information both in the present, and in the past and the future.
Appointment of FPM | Merits and demerits | Key vendors

Selection terms and advantages of CPM systems

In a case with the specialized systems to which also performance management systems of the enterprise belong narrowly ground solutions of small suppliers quite often exceed offers of megavendors on keyword parameters. Therefore when choosing CPM experts strongly recommend to analyze merits and demerits both "whales" of the market, and small, but its competent participants.

Experts of Gartner in 2016 separated a traditional "Magic quadrant of CPM" into 2 parts - "Financial management by business performance" and "Strategic management by business performance". Based on a research among financial CPM the companies Oracle SAP, were called BlackLine and Workiva leaders. Among strategic CPM in leaders there were Oracle, SAP, IBM and Adaptive Insights [11] (more detailed).