Strategy Execution Solution
Turn the vague, imprecise realm of visions and strategies into clear and objective performance measures. Align all of your business units and processes within the performance management portal. Whether you are looking to manage your risks and opportunities, or the human or financial resources necessary to drive your performance, Corporater EPM platform offers a holistic environment for strategy execution. It offers integrated tools for managing initiatives, activities, and tasks that drive your organization’s strategy.
Create strategic awareness by using strategy maps and balanced scorecards to communicate both what you want to accomplish and how you will accomplish it. Share performance results across your organization.
Enable organizations to drive strategy execution through all levels by adopting a balanced scorecard approach to performance management. Place strategy at the heart of enterprise performance management, track and manage performance metrics across multiple perspectives for the enterprise at large as well as at the individual and project levels, using a web-based user interface.
Align corporate, business units, support units, external partners, and boards with strategy. Integrate strategy into the planning, budgeting, management reviews, and reporting processes and build transparency within your organization by sharing performance results across the organization.
Promote a culture of performance : Drive the overall management process by guiding planning, strategy execution, and on-going analysis of performance at both strategic and tactical levels.
Promote strategic alignment : Align all of your business units and processes, and effectively manage performance metrics, initiatives, risks, resources, and competencies.
Translate your strategy into action : Corporater EPM platform helps you clearly define your business strategy by breaking it down into easily understandable and measureable elements such as perspectives, strategic objectives, and KPIs. Each metric can be presented on its own page to display detailed tables and graphs showing trends, historical information, and underlying data.
Budget Benchmarking & Unified Reporting : Allocate budgets quicker based on information on several parameters at the activity level, product or services level like billable hours, production hours, total expenses, forecasted revenue and other key drivers from a single pane of glass.
Reduced risk : Integrate information from multiple sources including accounting systems, ERP, CRM and more, offering better control to the budgeting process and eliminate the manual effort in collection and consolidation.
Multidimensional analysis : Benchmark actuals or existing budgets by department, company, project, account, etc. and unify close, reporting, and disclosure processes to reduce errors and increase efficiency.
Bridge the gap between strategy and execution and become more agile and responsive by translating them into actionable initiatives. Articulate responsibilities, deadlines, cost and more with improved clarity and commit enhanced transparency across the organization.
Introduce and manage the key initiatives with Corporater strategic initiative management solution that offers tools to visualize simple to complex initiatives and activities. Collaborate and assess performance on a continuous basis by tracking these initiatives and make better and reliable timely decisions.
Foster accountability : Track the progress, set priorities, and manage your on-going strategic initiative portfolio. Create and define projects and assign sub-tasks to individual users.
Define, manage, and monitor tasks, milestones, and projects : Monitor the status and progress of your activities and initiatives linked to your strategic goals and targets. Evaluate the effectiveness of your initiatives, and the financial and human capital they require.
Improve visibility and collaboration : View complex projects, programs, and initiatives as related activities, sub-tasks, and milestones. Improve collaboration by creating dashboards to track the status and progress of initiatives and their components.
Link necessary resources to projects : By linking strategic initiatives budgeting and workflow, you can see at a glance whether they are on time, within budget, and according to plan.
Analyze efficiency of the initiatives : Evaluate the effectiveness of your initiatives, and the financial and human capital they require. Prioritize the activities that build the most value in your organization. Identify areas needing extra resources or attention.
Take your planning processes to a higher level and ensure that the plans stay on track with Corporater EPM’s ability to continuously create and measure progress in alignment to the business goals. The strategic planning software helps you streamline your planning and consolidation activities and shortens your operational cycles. Know at a glance what activities are operating within budget and what are forecasted to meet targets.
Keep complete control of your long term scenario planning and tracking and transform your planning process into strategic resource allocation. Capture the processes and supporting information related to objective and target setting, initiative planning, resource allocation, forecasting, and the continual re-evaluation.
Integrated planning process : The strategic planning solution enhances the planning efficiency by monitoring the flow of information across the organization thus helping managers make critical decisions that impact the business performance.
Agile performance management : Combine strategic planning with the ability to easily create, measure, and adjust key performance metrics as needed.
Scenario planning and evaluation : Mitigate risks by modeling your strategic plans, taking several parameters including scalability into account to evaluate them and make adjustments based on outcome.
Incorporation of business assumptions : Take into account the business assumptions of stakeholders across the enterprise and incorporate them into your strategic planning cycle.
Enterprise visibility : Empower the key stakeholders and decision makers with complete visibility across the organization and ensure that the strategic planning model aligns with the enterprise plans and forecasts.
Dynamic Reporting : Create intelligent reports that can read the data and compare it to rules and conditions to present summaries of what you need to know. Create an alert or exception report to identify and report underperforming metrics across your organization.