In the Big Data era, many organizations find themselves frustrated trying to analyze and act upon transactional data locked in their transactional business systems. Companies often resort to using Excel or other “productivity” applications, further compounding the data management problem. To resolve these dilemmas, companies employ Business Intelligence (BI) and/or Corporate Performance Management solutions (often called CPM) to help turn data chaos into data intelligence for strategic execution and results. BI/CPM provides the structure (which desktop tools like Excel can’t easily) to leverage disparate transactional data streams into integrated, cogent business analysis and reporting. This capability allows companies to discover key business relationships, speed existing measurement and reporting processes, respond to new reporting more effectively and promotes greater collaboration and feedback among the company’s functions/locations. At FACTS, we focus on understanding your company needs to ensure a successful BI/CPM implementation. Contact us now for an initial consultation to learn the FACTS.
TRANSACTION/FINANCIAL SYSTEMS INTEGRATION A successful BI/CPM solution requires a close and systemic integration between the transactional systems feeding it and the CPM system. Often this means making changes at either end to create systemic processes (more later).
IMPLEMENTATION SERVICES FACTS has had over 25 years experience creating and implementing CPM at various companies in a wide variety of industries and a variety of platforms. We have implemented Adaptive Insights, Anaplan, Hyperion Planning (now part of Oracle), OutlookSoft/Business Objects (now SAP BPC) and Cognos (now IBM) systems for many larger organizations needing this functionality for consolidation or advanced BI requirements. For small to mid-size companies ($1B in revenue or less) without the scale or dedicated IT/Finance resources required for these enterprise applications, on-demand solutions are available which are quick to implement, less costly (both implementation cost and resource commitments) and provide the similar functionality for successful BPM. Since 2006, FACTS has been a founding VAR for Adaptive Insights and has helped many companies and organizations gain the benefits of BI/CPM. See client success stories and testimonials for further information.
BPM VENDOR/PRODUCT SELECTION FACTS breadth of experience in the CPM space and in a wide variety of industries and organizations gives it a unique perspective on the vendor/product selection process. The success or failure of any system implementation is the ability of its implementation partner to understand its client needs (both current and future) and how to translate those needs into effective BPM design. FACTS has been called upon in difficult situations (w/o application domain knowledge) where the previous implementation partner has been unsuccessful. Adaptive Partner (since 2006) and Top Partner Accelerate 2011 Award Winner: For More Information
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