Finance - Technology
EPM
(Enterprise Performance Management)
Software and processes for planning, budgeting, forecasting and reporting business performance
What's it for?
Helps leaders plan budgets, forecasts and business performance from one joined-up view.
For example…
Each quarter, department heads submit forecasts in the EPM tool; finance consolidates them into one board pack.
Finance uses an EPM tool to compare actual costs with budget and model how hiring ten more staff would change the annual forecast
Think of it like…
Cockpit dashboard for the organisation: speed, fuel and heading in one view instead of separate gauges in every cabin