What is Enterprise Performance Management (EPM)?
Enterprise Performance Management (EPM) is a term commonly used to describe one of the central management tasks of a business. It describes methods and solutions that are required for enterprise management and includes the following management processes:
- Budgeting, planning, forecasting
- Modeling the value creation of a company
- Consolidation of the results
- Performance analysis
Key Performance Indicators (KPIs) such as sales, overhead and operating costs as well as the Return on Investment (ROI) are generally used for planning, measuring and analyzing performance.
There are several synonyms for Enterprise Performance Management (EPM): Corporate Performance Management (CPM), Business Performance Management (BPM), and Financial Planning & Analysis (FP&A).
