Corporate Performance Management (CPM)
 What is CPM?
In 2001, research firm Gartner Inc. recognized CPM as a trend in the way companies were applying business- intelligence systems as part of programs for continual performance improvement
A CPM system automates and preserves senior management intentions of making the organizations goals, strategies and priorities known and put into effect by the entire organization. MGI's Business Performance Management Software helps turn this dream into a reality.
MGI'S CPM Solutions integrates with all relevant operational systems to present the manager with all of the appropriate existing information through:
- Information Delivery - Delivered in multiple directions providing everyone with the information they need to ensure their work is aligning with the overall corporate strategy.
- Performance Overview - Exterior view for senior decision-makers of operations providing effective systems of accountability via inclusive planning, measurement through metrics and timely reporting to ensure management achieves it's overall goals.
- Effective Performance - It is vital that executives have all of the necessary data when making long and short-term decisions. The data needs to be "Automated", "Accurate", and "Easy to Access". With easy to understand information at the executive's fingertips, the players in the organization become aligned, effective and have a thorough understanding of their responsibilities which moves the whole team forward toward future goal attainment.
- Balanced Scorecard Implementation - Within the past decade, successful industries across the country are modeling their management styles and performance measurement needs based on the work of Drs. Robert Kaplan and David Norton, creators of the Balanced Scorecard. MGI'S CPM Solutions incorporates these key philosophical principles, design methods and software that can be successfully implemented in your organization. The templates can be customized to meet your unique needs and allow you the ability to measure and graphically analyze key results, processes and correlate these measures at a touch of a button.
- Dashboards - MGI'S CPM Solutions provide customized dashboards for every executive that are continuously updated, easy to access and understand. These dashboards create highly sophisticated composite Key Performance Indicator's (KPI'S) based on data from multiple data sources. We categorize and retrieve data from any and all sources into your dashboards. Executives are able to get visual concepts immediately of what is happening in their areas which allows them to see when KPI'S are changing so they can act immediately to minimize damage, increase production, and locate which actions are causing declines and improvements.
- Revenue Contracts system integration - gives the manager visibility to the existing contracts, both those with revenue streams extending into the budget period and those that contributed to prior periods .
- HR systems integration - for accurate planning of personnel costs that are normally a significant portion of the expenses.
- Asset Management system integration - in order to correctly incorporate all capital investment expenses.
Purchasing and Payables system integration- to increase visibility to obligations and minimize future surprises due to major obligations being overlooked.
Through MGI's custom Business Performance Management Software, also known as CPM software, corporate leaders are handed the complete set of corporate keys, placing the power and control at their fingertips while removing unnecessary complications and confusions from the day-to-day executive and employee activities.
Dashboards Balanced Scorecards Corporate Performance Management Reporting Systems CEO Dashboard Analysis Budgeting Forecasting OLAP Corporate Consulting Benefits of CPM |
