Gartner Research

Getting More Value From CPM: Strategic Versus Office-of-Finance CPM

Published: 08 February 2013

ID: G00236156

Analyst(s): John Van Decker , Christopher Iervolino

Summary

Corporate performance management deployments are typically of two types: strategic and office of finance. While most CPM implementations take advantage of office-of-finance CPM capability initially, the CPM strategist can make significant improvements by taking advantage of strategic CPM.

Table Of Contents
  • Impacts

Analysis

Impacts and Recommendations

  • An office-of-finance approach to CPM will provide greater effectiveness for finance if extended deeper into the financial close process through added support in such areas as account reconciliation, financial analytics and tax provisioning, financial analytics, planning, and forecasting
  • A strategic CPM approach that is separate from an office-of-finance approach can benefit the entire organization by managing enterprise business plans for corporate goals and objectives, and facilitating the understanding of the true drivers of profitability
  • Taking advantage of these two different, yet related types of CPM deployments can extend the value of your current CPM implementation and have a more transformational effect on the entire organization by increasing the alignment of business planning with enterprise goals and objectives

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