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Performance management

Today's performance-oriented organisations are looking for new ways to achieve greater flexibility, efficiency and profitability, as well as ways to respond faster and better to omnipresent changes on the market. In this context, ever more attention is being focused on Enterprise Performance Management. 
 

Enterprise Performance Management is generally a set of integrated analytical processes that are supported by modern information technologies so that organisations can effectively set their strategic objectives and derive from them measurable indicators, through the monitoring of which they can manage their performance in accordance with their strategic goals.

Enterprise Performance Management thus serves to enable:

  • connection of fulfilment of the organisation's strategic objectives with individual operating objectives at the level of the organisation or parts thereof
  • monitoring and modelling of the organisation's profitability at the levels of customer segments, products and services, and determination of which area brings the greatest benefit to the organisation
  • monitoring of fulfilment of the organisation's goals at all levels in real time and modelling of future development scenarios
  • rapid response to changes in the actual development of the organisation's position in comparison with the plan and modification of the strategy at all levels of management

Organisations that apply Enterprise Performance Management are therefore able, in comparison with other organisations, to:

  • reduce their costs
  • more effectively allocate their resources
  • increase their profitability
  • more dynamically respond to changes
  • better communicate the corporate strategy within the organisation

Profinit's offer

In the area of Enterprise Performance Management, Profinit offers customers implementation of a solution supporting all parts of the organisation's financial-management cycle:

  • setting of strategic goals and key performance indicators (KPI)
  • breaking down of goals into financial plans and budgets
  • monitoring and reporting of actual fulfilment of goals and plans
  • analysis and modelling of discrepancies, profitability
  • financial consolidation, management and statutory reporting

During implementation of the Enterprise Performance Management solution, Profinit is not dependent on a single producer and supplier of technology. According to the situation and the customer's preferences, Profinit implements the project on a freely selected platform from the three most important suppliers - IBM, Oracle and SAP.