Business Performance Management
Many organizations find themselves mired or frustrated by the enormous
amounts of data from their ERP, CRM. QID, GL and other traditional
sources, trying to gather information needed to make timely and effective
business decisions.To resolve this dilemma, many companies utilize
a tool called Business Performance Management (often called BPM or
C(orporate) PM) to help turn chaos into actionable intelligence.
BPM provides the infrastructure (which desktop tools like Excel are
unable to) turning disparate data silos into integrated, cogent business
analysis and reporting. This data organization allows companies to
speed existing reporting processes, respond to new ones more effectively
and promotes greater collaboration and feedback among the company’s
functions/locations.
We focus on understanding your company needs to ensure a successful
BPM implementation. Contact us now for an initial consultation to learn
the FACTS.
TRANSACTION/FINANCIAL SYSTEMS INTEGRATION
A successful BPM solution requires a close and systemic integration
between the transactional systems feeding it and the BPM 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 BPM
at various companies in a wide variety of industries and a variety
of platforms. We have implemented Hyperion Planning (now Oracle),
OutlookSoft/Business Objects (now SAP) and Cognos (now IBM) systems
for many larger organizations needing this functionality for consolidation
or advanced BI (Business Intelligence) 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
Planning and has helped many companies and organizations gain the benefits of
BPM. See client success stories and testimonials for further information.
BPM VENDOR/PRODUCT SELECTION
FACTS breadth of experience in the BPM space as well as its experience
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.