Corporate performance management, corporate performance management, corporate performance management (in English), or simply CPM (by the acronym in English), are terms that refer to the same. CPM is also known as business performance management (BPM) and enterprise performance management (EPM). The CPM concept was created by Gartner Research, founded in 1979. It is an IT research and consulting company based in Connecticut, United States. According to Gartner Research, the term CPM responds to one particular idea. “Describe the methodologies, parameters, processes and systems used to monitor and manage the business performance of a company.”
Enterprise Performance Management Software: What is a CPM?
However, the software designed to serve as a platform for all processes that correspond to business management related to performance, is known as CPM software. Business performance is measured through key performance indicators (KPIs). This is how the objectives achieved and revenues are analyzed. Operational costs and return of investment (ROI) are also evaluated. CPM software tends to be associated with Business Intelligence (BI) software. The BI software uses the information obtained by CPM to analyze and interpret it. So they are effectively compatible and can be linked. But they’re not the same. The modules of a BI platform, which are within ERP software, can work for a more advanced CPM.
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