If it’s about increasing profits, boosting sales or reducing costs, businesses must monitor vital data that will help them achieve their goals. Business performance software is useful in this regard. These software tools provide insight into different metrics which will enable businesses to analyze their processes for organization, and improve important link them in order to meet their company’s goals.
These tools let organizations monitor KPIs at an international or regional scale in order to make better decisions. They can also help identify risks and potential issues that may arise. They can be used in the cloud or on-premise for faster implementation.
The top business performance management software include emPerform, Zenefits and Wrike. The former provides a thorough employee evaluation system, which includes goals and continuous feedback to aid employees in their skill development and ensure that they are in line with the company’s goals. It also offers an organizational-wide shared calendars, dashboards and Gantt charts to keep track of tasks and simplify reporting.
Another tool that can help streamline financial processes is Prophix CPM for SYSPRO, which allows companies to plan, budget and analyze data in real-time. Its features include a database of source data centrally located with workflow and collaboration capabilities built-in, a dashboard that is centralized and automated reports to analyze current and historical financial information quickly. It streamlines data collection and data input. The solution is able to be used by finance departments of medium, small and large corporations. The platform is based on Microsoft SQL and gives users the ability to view financial data in varying levels of depth, from a high level overview to a fine detail. It also lets them make informed decisions and take immediate actions.