In today's increasingly global and competitive business environment, it's not enough to know where you want your business to go. You must plan faster and do more with potentially less budget and resources. At the same time, you must be incredibly efficient and more precise with every decision, while complying with regulatory requirements.

Being responsible for profitability, growth, shareholder value, strategy, regulatory compliance and investor relations, executives must prioritise strategic goals, modify plans based on financial and operational changes, and empower all stakeholders to make more calculated decisions. Understanding changes to enterprise performance requires monitoring, analysis, risk assessment, timely reporting and action based on information coming from many different parts of the business – including external partners, vendors and customers.

Demonstrating operational success entails closing the gap between strategy and operational execution by cascading corporate goals down into department relevant metrics; ensuring accountability; enabling intuitive modelling, monitoring and analysis; and streamlining the execution of strategy-guided plans. Information needs to be available when your organisation needs it to create a competitive edge and enable greater control of business operations.

Drive Performance with Financial and Operational Performance Management

To help you transform your organisation into one that is performance driven, you need solutions that link together your processes and data to provide a common view of your business. SAP BusinessObjects Enterprise performance management solutions can help you to capitalise on the value of your corporate data, enabling your organisation to become more agile and competitive by providing organisational alignment, visibility and greater confidence.

SAP BusinessObjects Enterprise performance management solutions offer comprehensive functionality for:

• Strategy management – Set your goals, map your strategies and then monitor and manage performance from high-level objectives down to operational metrics.
• Business planning and consolidation – Increase accuracy in planning at every level in your organisation, while reducing budget cycles and associated costs. Accelerate and improve your statutory and management reporting and decision making.
• Financial consolidation – Complete your financial consolidation and reporting cycles faster – with complete confidence in your data.
• Financial information management – Leverage powerful connectivity, mapping and loading functionality designed for business users.
• Intercompany reconciliation – Accelerate your close by enabling your business units to debate and reconcile balances directly with one another and eliminate delays at the corporate and divisional levels.
• Profitability and cost management – Identify the causes of underperformance, and take action to reduce costs and optimise profitability across dimensions such as product, customer and channel.
• Spend analytics – Realise measurable cost savings, and align sourcing goals with corporate goals by rationalising and strategising on supplier relationships.

Drive Adoption of Your SAP Investment

SAP BusinessObjects Enterprise performance management solutions can work with SAP Business Suite applications; SAP BusinessObjects governance, risk and compliance solutions; and SAP BusinessObjects business intelligence and information management solutions. As a result, you can maximise business profitability; manage risk and compliance; and optimise corporate systems, people and processes.