Corporate Performance Management: Beyond Planning, Budgeting, and Forecasting

Corporate Performance Management: Beyond Planning, Budgeting, and Forecasting

Workday
Published by: Research Desk Released: Nov 05, 2021

Aberdeen research finds that top performing organizations are 30% more likely to have implemented corporate performance management (CPM) than Followers. With real-time access to data, these companies take the guesswork out of planning, decreasing the time involving in forecasting while increasing forecast accuracy. These organizations also champion data accessibility and collaboration among stakeholders, promoting organizational accountability. In the end, they decrease their time-to-decision while increasing revenue and operating margins.