These are disruptive times. Companies not busy innovating are likely doing their best to fend off new competitors. In this environment, old-school spreadsheet-based financial planning and analysis can’t cut it anymore. Yet that’s what many businesses are stuck with. Cloud-based corporate performance management (CPM) systems (also known as enterprise performance management systems) introduce powerful budgeting, planning, and forecasting capabilities that bring consistency, traceability, and more reliable data to budgeting, planning, and forecasting.
This report explores the features and functions of cloud-based CPM, including budgeting, planning, forecasting, modeling, analysis, reporting, financial consolidation, and regulatory reporting.</p>