How do the new CPM technologies link to “value”?
By using a suite of corporate performance management tools, organizations can gain insight into current performance and-with increased visibility into key metrics and the flexibility to quickly respond to changing market conditions-more accurately predict future results. The end result will be a more competitive financial operation yielding greater, more sustainable economic value. While a vast number of companies measure economic profit through financial metrics on a balance sheet, many visionary CFOs are applying new technology to tie financial results to the drivers that create economic value. This allows management teams to distribute responsibility for balance sheet components to individuals, and helps them decide how best to ensure optimal growth. By coupling historical financial reporting with newly available contextual and driver-based information, CFOs gain the unique ability to understand why results are what they are, and what decisions need to be made to increase economic v
