Businesses must track vital data in order to achieve their goals, whether that is increasing profits, boosting sales, or decreasing costs. This is where software for business performance can be useful. These software tools provide insight into different metrics that will let businesses evaluate their organization processes and make improvements to achieve the business goal.
These tools allow organizations to monitor KPIs at a global or regional level to make better decisions. They can also identify the potential risks and problems that could arise. They can be used on premises or in the cloud for faster implementation and scalability.
Some of the top business performance management software include emPerform, Zenefits and Wrike. The former has an extensive employee evaluation process that includes goal-setting and constant feedback to help employees improve their skills and make them more aligned with the goals of the company. It also includes organizational-wide shared calendars, dashboards and Gantt charts to organize tasks and make reporting easier.
Prophix CPM, an application for SYSPRO that streamlines financial processes, allowing companies to budget and plan in real-time as well in analyzing data. Its features include databases of source data centrally located along with workflow and collaboration built-in, a dashboard centralized, and automated reports to analyze current and historical financial information quickly. It automates data collection and data input. The solution is able to be used by finance departments of medium, small and large-sized enterprises. The platform is based on Microsoft SQL and gives users a view of financial data in dig this varying levels of depth starting from a high-level overview to a fine detail. It allows them to take well-informed decisions and act quickly.