You can put lipstick on an ERP, but it's still an ERP!

Sponsored By Rinedata

Topics:

Business Software > CPM , ERP

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Abstract:

In today's dynamic business environment there is more pressure than ever to deliver sustainable value growth to stakeholders and the growing enthusiasm for corporate performance management (CPM) solutions can be seen as a direct result of these increased demands. Given the amount of money that businesses have invested in ERP over the last ten years it is not unreasonable that the initial response of many finance teams to CPM is, "Can't we do this with our ERP?" Indeed, many vendors implied their ERP solutions would provide exactly the type of benefits that are now ascribed to CPM systems. ERP platforms drive bottom-line profitability through efficiencies in the back-office processes they automate. CPM solutions reduce cycle times, optimising resource usage and delivering improvements in data integrity. The difference between these applications is that, CPM platforms are designed to enable the enterprise to execute its strategy and to monitor the results on a day to day basis.

DETAILS

Sponsored by: Rinedata

Released: November 03, 2009

Length: 4 pages

Format: PDF (96 kb)

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