In this era of Big Data many organizations find themselves frustrated trying to analyze and act upon transactional data locked in their ERP, CRM, QID, HRIS, GL 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 Performance Management solutions (often called BPM or C(orporate) PM) to help turn data chaos into data intelligence for strategic execution and results.
BPM 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 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 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).
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.
Partner (since 2006) and Top Partner Accelerate 2011 Award Winner:
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