Business Performance Management (BPM) software helps organizations measure, analyze, and improve their performance. It provides a single view of an organization's data, so that users can track progress against goals, identify areas for improvement, and make informed decisions.
Business Performance Management Software is an integral tool for organizations aiming to help decision-making by converting raw data into actionable insights and aligning operational activities with strategic goals.
BPM software typically includes Data collection functionality to collect data from various sources, such as financial systems, CRM systems, and operational databases. It uses advanced analytics to transform data into insights and generates reports that track progress against goals and identify areas for improvement.
The various use cases are well described by users in the product reviews you can find on this page; below are a few examples:
Sandeep Acharya, a lead analyst at a large retailer, has shared: “I’m working in marketing and promotions. We use Business Performance Management Software for supply chain management and forecasting supply and demand. We load the data into the app and plan the business execution at the retail level, including the pricing, retail payments, and so on.”
Michel Maurel, a Solution Architect at Changement pvt ltd, has shared: “We are using a Business Performance Management Software for profit and loss planning forecast and actuarial reporting. We also use it for balance sheet reporting. And then I have what is connected to payroll and HR.”