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In recent years, many firms found success by embracing technology in new ways and achieving revenue growth while keeping their workforces engaged remotely. Deep analytics and business intelligence provide a real-time perspective of performance across the enterprise, enabling them to unlock siloed data and translate it into actionable insights, allowing better and faster decisions. Leveraging technology like artificial intelligence and machine learning helps in catering to the ever-growing needs in corporate structures, especially with multiple business tools and processes running at the same time.
To keep pace with the organization’s ever-changing requirements, CFMS based in the UK provides Business Intelligence solutions that streamline data gathering and provide an agile platform to analyze, report, and collaborate on real-time information, company-wide. CFMS help companies with their required solution by providing a plethora of financial management solutions and products to choose from.
Through the synchronization of financial, operational, and regulatory indicators that generate accountabilities, decision support, and operational execution, CFMS’s CPM strategy helps clients increase management information and prospective visibility. Employees can track individual and project performance against corporate goals and strategies using the CPM interface, which provides data for key performance indicators. The best-rated EPM software tool of CFMS, Jedox, easily integrates data from multiple source systems such as ERP, CRM, and BI tools into one multidimensional in-memory database with secured access and ensures an enterprise-class solution to the user.
To facilitate the use of such database, CFMS created Pi, an easy-to-use business intelligence and dashboard reporting software. It is a single reporting tool that can show data from multiple sources in one place. Coupled with the BI dashboard it becomes easy for anyone to visualize and interact with their data in real-time, anywhere, on any device. Dashboards also transform data so that it is easily digestible, and it allows organizations to get previously hidden insights by connecting up different sources of data.
Since the data and changes are consolidated in a central, secure database, it helps enterprises to instantly arrive at a single version of the truth which is not easily attained using spreadsheets. By automating the loading, consolidation, and validation of data from many organizational units, CFMS’s financial consolidation helps to reduce cycle time and enhance accuracy.
Likewise, CFMS’s Control is built on best-of-breed technology, the ETL tool, based on Talend, is optimized for Performance Management rather than merely Business Intelligence, and speeds up analysis and reporting for the client through best practice Data-Warehouse design and implementation. For analytical reasons, CFMS uses a wide range of OLAP technologies, and for reporting, they display the data using almost any reporting tool. Using CFMS’s pre-definition the projects can concentrate on priorities. Rather than arguing on what constitutes the thing companies are measuring, the numbers are presented to the end-users to ratify. With Infor Dynamic Enterprise Performance Management (Infor d/EPM), give a holistic view of the company’s performance. d/EPM enables to constantly report with confidence, measure past and current performance, and forecast future actions by combining modern intelligent business tools and financial performance management capabilities into one EPM software package.
Henceforth, many different firms have benefited from CFMS’s expertise in deploying CPM, BI, forecasting, modeling, and data management solutions. They have assisted directors and senior management in forming a single, accurate picture of what is truly going on in their companies. Consequently, CFMS has ignited several success stories since its inception in 2001. In one such instance, CFMS helped C.P Hart, a well-established bathroom supplier company, to eliminate the use of an overly-complex spreadsheet which was impacting CP Hart’s Finance productivity. By deploying the Jedox solution the company adopted a much more active FP&A strategy, encouraging partnering across the business and providing a platform for future finance innovation.
Conclusively, CFMS provides a professional approach throughout, and their dedicated teams accompany enterprises through the process, scoping and implementing systems that will deliver customized solutions and precisely, on budget.
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Company
CFMS
Management
Richard Keizer, Commercial and Sales Director
Description
CFMS a UK based company, provides Business Intelligence solutions that streamline data gathering and provide an agile platform to analyze, report, and collaborate on real-time information, company-wide.
