6November 2016Copyright © 2016 Valley Media, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.NOVEMBER - 2016Mailing AddressValley Media, Inc.44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538T:510 230 0396, F:510-894-8405 November - 2016, volume 02 - 06 Published by Valley Media, Inc. To subscribe to CFO Tech OutlookVisit www.cfotechoutlook.com Managing EditorSarah DawsonEditorial StaffSalesAaron Pierce Ava Garcia Joshua ParkerAlex D'SouzaJade Ray Vanishree BhattVisualizerStephen ThomasCorporate Performance Management SpecialSamuel Josephsamuel@cioreview.com Editor's NoteSarah DawsonManaging Editoreditor@cfotechoutlook.comBusinesses spend significant amount of time, analyzing performance results across departments, functions and operations in an organizational structure to gain clarity about current productivity levels and profit-loss status. With enterprise software slowly becoming a predominant aspect of the business ecosystem, the muddle of comprehending and analyzing information from disparate data sources to measure performance is slowly turning innocuous. Corporate performance management (CPM), a derivative of business intelligence is one of the technological approaches that virtually merges data from myriad operations and departments in an enterprise or segregate them to derive insights on performance based on metrics and KPIs as well as through a combination of management methodologies.In general parlance, the CPM tools serve the role of `scorecards' by calculating and recording in real-time the efficiency and success levels of actions and workflows which have a meaningful influence on the overall business health. These tools are an overlay of proficient analytics software and big data solutions with management strategies that create an environment conducive of relentless, collaborative `What if' modeling and analysis to interpret risk and uncertainty in day-to-day performance emerging from a business pressures. Besides providing information and enabling business executives view performance oversights to take necessary actions and set new objectives and targets, CPM software also help reduce inaccuracies related to reporting sensitive financial and operational data. Also, it brings together various factors and adds clarity on variables that increase the speed of business and address resource scarcity needs, governance, risk, and compliance pressures. With the goal to help CFOs of enterprises as well as individual finance professionals practice methods that bring visibility into processes to quantify and track performance we hope the insights and thought-leadership of the providers of CPM software and services will help support your financial planning and budgeting initiatives.Let us know your thoughts. Transparent Measurement of Performance
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