Often managers do not have an easy way to measure and monitor performance indicators – or an effective method for communicating goals and objectives. As a result, too much focus can be placed on financial indicators and lagging performance measures while not enough emphasis is given to critical operation metrics and key performance indicators (KPIs).

Companies risk wasting resources and efforts when they lack a commonly shared and understood strategy ie lacking goal congruence. In the absence of a shared source of metrics, managers may measure performance in areas not related to the corporate strategy or not aligned in the correct way.

SoftExpert Corporate Performance Management (CPM)

SoftExpert Corporate Performance Management (CPM) is a robust web-based integrated corporate performance management solution that helps organizations to manage the strategy formulation process, translate it into practical action and monitor performance and execution in a simple way.

SoftExpert Corporate Performance Management (CPM) is an integrated performance management software that empowers organizations with a full set of capabilities to translate strategy into operational objectives, driving both behavior and performance, defining and collecting metrics to measure and control business performance and measure progress. Managers can track and analyze performance in real time through a user-friendly dashboard, improving management comprehension which leads to better, faster and more relevant decisions forward to action.

With SoftExpert solution for Corporate Performance Management (also known as Business Performance Management or Enterprise Performance Management), organizations are confidently and more easily provided of consistent access to information with optimized performance. Companies can maximize their investments with a solution that is modular, meeting immediate business demands and challenges, but integrated for a more complete solution, creating greater value. The solution supports management of performance deviations, risks, initiatives, action plans, resources and processes, as well as a wide range of best-in-class performance management models and practices, like Balanced Scorecard, Six Sigma, etc.

This robust web-based software is integrated with other modules in the SoftExpert Suite such workflows and maintenance. Data for indicators are automatically fed into SoftExpert Corporate Performance Management (CPM), eliminating the task of gathering multiple data or cutting and pasting data. SoftExpert Corporate Performance Management (CPM) leverages a controlled workflow cycle to manage input processes, which includes due dates and task reminders, such as data entry, approvals, revisions, or adjustments. SoftExpert Corporate Performance Management (CPM) streamlines the information flow by automatically integrating and consolidating data from different sources (external databases, Excel spreadsheets, formulas) and provides access to users anytime and anywhere.

SoftExpert Corporate Performance Management (CPM) software offers strategy maps and analysis graphs and diagrams designed to help in understanding the cause-and-effect relationships of key processes and metrics. It also provides a specialist tool to solve performance problems and define the appropriate actions for the team in charge, creating a culture of performance.