Whether it’s increasing profits, boosting sales or decreasing costs, businesses must monitor vital information to aid in achieving their goals. Business performance software is useful in this situation. These tools provide insights into various metrics that help businesses evaluate their processes for organization, and make improvements to meet the goals of the company.
These tools let organizations keep track of KPIs at a regional or global level for better decision making. They can also detect possible risks and problems that could arise. They can be used in the cloud or on-premise for a faster implementation.
Some of the most effective business performance management software includes emPerform, Zenefits and Wrike. The latter offers a comprehensive employee assessment process, which includes goal setting and ongoing feedback to help employees with their development of skills and ensure that they are aligned with the goals of the company. It also offers shared calendars and dashboards and Gantt Charts to make reporting easier and make it easier to manage tasks.
Prophix CPM, a tool for SYSPRO that simplifies financial processes, allows companies to budget and plan in real-time, as as analyze data. Its features include databases of source data centrally located with workflow and collaboration capabilities built-in, a dashboard centralized and automated reports to analyze current and historical financial information quickly. It streamlines data collection and data input. The software can be utilized by finance departments of medium, small and large corporations. The platform is based on the Microsoft SQL platform and provides users with access to financial data at various levels of granularity, ranging from an overall view to small details. It also allows them to make informed decisions and take immediate actions.