Corporate Performance Management (CPM) Software

TrustRadius Top Rated for 2023

Top Rated Products

(1-5 of 11)

1
Cube

Cube is a financial planning & analysis (FP&A) platform that aims to enable finance teams to be more strategic and positively contribute to company growth activities by spending less time on manual, repetitive task, from Cube Planning headquartered in New York.

2
Budgyt

Budgyt is a platform made to simplify business budgeting. With built-in functions designed for data integrity, team collaboration, and scenario planning & analysis, Budgyt is presented as an optimized budgeting experience that rids users of complex, error-prone spreadsheets…

3
Anaplan

Anaplan is a transformative way to see, plan, and run your business. Using its proprietary Hyperblock™ technology, Anaplan lets you contextualize real-time performance, and forecast future outcomes for faster, confident decisions. Anaplan enables connected strategy and planning across…

4
Vena

Vena Solutions provides a financial process automation solution to automate Corporate Performance Management, accounting and budgeting, Regulatory & Compliance, and other finance-related processes. It is scaled for medium to large-sized organizations.

5
SAP Analytics Cloud

The SAP Analytics Cloud solution brings together analytics and planning with integration to SAP applications and access to heterogenous data sources. As the analytics and planning solution within SAP Business Technology Platform, SAP Analytics Cloud supports trusted insights and…

All Products

(26-50 of 170)

26
Catalyst, by EBM Software

Catalyst from EBM Software in Minneapolis is a cloud-based business performance application suite, designed to provide an environment and workflow for understanding business profitability.

27
Solver

Solver BI360 is a business intelligence software solution that includes features such as enterprise collaboration, budgeting, and data warehousing.

28
PlanGuru

PlanGuru is budgeting, forecasting and financial analytics software for SMB's, Nonprofits and the Accountants/ Advisors that work with them.

Explore recently added products

29
SAP Profitability and Performance Management

SAP Profitability and Performance Management promises to help optimize business performance and improve the bottom line. The vendor says key capabilities include: Build, maintain, and utilize sophisticated business and financial models that support multiple allocation methods for…

30
OnPlan

Spreadsheets are widely used for planning because of their flexibility and familiarity. With OnPlan, users get access to visualization capabilities, integrations, and collaboration features, in a solution designed to give the run-of-the-mill spreadsheet model more power. OnPlan integrates…

31
ePROMIS ERP

ePROMIS ERP is an ERP software product from the vendor ePROMIS Solutions, based in Houston, Texas. It is used by a range of industries: Construction, Contracting, MEP (Mechanical, Electrical & Plumbing), Trading & Distribution, Manufacturing, Oil & Gas, Transportation…

32
Spoom

Spoom (formerly Analyza) is a business intelligence solution that is provided by Spoom Software (formerly PIT Business). The vendor provides support services in Luxembourg, Belgium, France, and other parts of Europe. Spoom allows users to: Build several indicators and dashboardsBuild…

33
Jirav

Jirav, headquartered in San Francisco, aims to deliver smarter financials and faster insights, helping to understand where a business has been and predict where it will go. The system joins cloud-based Accounting, HR, CRM and billing data to automatically surface an interconnected…

34
PowerPlan

PowerPlan is a CPM solution focused on helping asset-intensive businesses achieve regulatory compliance.

35
Forecastr

Forecastr gives startup founders a financial model that can be use to get funded. It is presented as a simple and convenient interface that takes the guesswork out of financial modeling. The vendor aims to offer models that are easy to understand, easy to use, and easy to share with…

36
Fluence

Fluence Technologies provides a purpose-built financial consolidation, close and reporting software for mid-sized companies. The solution aims to give customers the time, confidence and performance they need by delivering game-changing efficiency gains and trusted, timely numbers.…

37
Lucanet

LucaNet has been synonymous with intelligent software solutions and professional expertise in consolidated financial statements and controlling since 1999. Our aim is to simplify your day-to-day processes with our financial performance management software. No matter the size of your…

38
smartPM Integrated Financial Planning

A pre-configured Integrated Financial Planning (‘IFP’) application designed to allow companies to operate any business in full control, connecting all departments and expert estimates – for Actuals and Budgets, and any planning cadence. Designed to replace numerous complex Excel…

39
Qvantum
0 reviews

QVANTUM is a cloud solution for agile, operative corporate planning. The solution provides companies with planning data - automated, cross-departmental. QVANTUM, based on automatically available planning data and figures from all company areas, can help create valid company plans.…

40
CoPlanner
0 reviews

CoPlanner is a corporate performance management and planning software from the German company of the same name headquartered in Graz.

41
Anthology Academic Economics

Anthology's Academic Economics provides a 360-degree view of academic economic situation from every level of the institution and identify trends within campus data. It can be used to uncover the roles each program plays to achieve an institution's mission and make investment decisions…

42
Rocket CorVu
0 reviews

Rocket CorVu business intelligence (BI) and enterprise performance management (EPM) solutions help users transform high volumes of raw data into meaningful information so as to identify new opportunities, act on critical issues, and modify failing processes.

43
Konstrukt
0 reviews

Konstrukt is cloud-based budgeting, forecasting and financial planning software. Konstrukt removes the friction from planning, making it easier, faster, and more integrated in a business. The vendor says most companies use Excel for panning, but it becomes a nightmare as teams grow:…

44
InPhase
0 reviews

InPhase is designed to ensure teams have everything they need to make better, more assured decisions, faster. The software aims to turn employees into Goals Crusaders, Activity Activists, Data Obsessed & Collaboration Champions. Identify next-best actions. Track the impact and…

45
SoftExpert CPM

SoftExpert CPM offers a complete set of resources to transform strategy into operational objectives, complying with frameworks such as Balanced Scorecard (BSC) and Six Sigma. Managers can define KPIs and targets, collect measurements and monitor business performance in real-time…

46
IDU-Concept
0 reviews

Budgeting, Forecasting, Reporting and Modelling IDU supports business agility through real-time, accurate, inclusive budgeting, forecasting and reporting.IDU’s budgeting, forecasting and reporting tools are designed for both financial and non-financial managers to use and understand.…

47
Camms.Strategy

Camms.Strategy is a corporate performance management and enterprise strategy technology platform, from CAMMS (CA Technology Pty Ltd) headquartered in Melbourne.

48
Finario
0 reviews

Finario provides a cloud-based solution to unify capital planning and establish a single source of truth across the investment lifecycle. The vendor says enterprises use Finario to improve Capex reporting, accelerate decision making and deploy capital strategically to gain an edge…

49
Fintastic
0 reviews

Fintastic, headquartered in Tel Aviv, offers an AI-driven FP&A analysis platform supporting business planning. Its machine-learning driven smart features that enables intelligent planning and a better understanding of company performance and future.

50
Skefto Strategy, Planning and Peformance Platform

skefto is an integrated software platform that enables strategy execution, aligns activities to the organisation's strategy and provides data to improve decision making and reporting.

Videos for Corporate Performance Management (CPM) Software

Enterprise and Corporate Performance Management
03:21
Many organizations are far from where they want and need to be with improving performance. They are applying intuition rather than fact-based data when making decisions. Enterprise performance management/corporate performance management (EPM/CPM) is an integration of manageri...
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Corporate Performance Management (CPM) Software TrustMap

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Learn More About Corporate Performance Management (CPM) Software

What is Corporate Performance Management (CPM)?

Corporate performance management, also called enterprise performance management (EPM), describes the practices that help companies plan and manage the financial success of their organization. A CPM system is a finance tool that monitors and manages an organization's performance according to key performance indicators. These metrics are often finance-driven, such as revenue, spend, and return on investment. Corporate performance management can also focus on other strategic corporate goals, such as increasing operational efficiency or improving corporate strategy.

Corporate performance management systems heavily support financial budgeting, planning, and forecasting. They help leaders manage strategy and track the company’s financial health against goals. CPM tools are commonly used by the finance department but are increasingly designed to be used across the enterprise.

CPM and Business Intelligence

Corporate Performance Management (CPM) is closely related to Business Intelligence (BI). The fact that these categories are so closely related has led to some category convergence. A number of products offer both CPM and BI capabilities in the same platform.

CPM leverages the data provided by BI to guide the organization towards its strategic objectives. The metrics and scorecards that are the endpoint of BI systems are the starting point of CPM. CPM systems link those metrics to the strategic and financial goals of the organization.

BI is focused on gathering and processing disparate data and presenting it in an easy to digest form like a report, visualization, or dashboard. However, reporting is not necessarily linked to an organization’s strategy. It does not include any mechanisms for planning, controlling, or managing towards business objectives or KPIs.

CPM Software Features & Capabilities

Corporate performance management software focus on a process-oriented set of tasks that involves financial activities, including:

  • Budgeting
  • Planning
  • Forecasting
  • Financial consolidation and close
  • Financial reporting and compliance
  • Analytics and financial reporting
  • Calculating return on investment (ROI)
  • Overhead and operational costs
  • Profitability modeling

Budgeting, Planning & Forecasting

In corporate performance management software, budgeting and forecasting capabilities are designed to assist with both operational short-term planning and strategic long-term planning:

  • Long-term financial planning
  • Financial budgeting
  • Forecasting
  • Scenario modeling
  • Management reporting

Consolidation & Close

Consolidation and close features allow CPM software users to combine and examine data from multiple entities:

  • Financial data consolidation
  • Journal entries and reports
  • Multi-currency management
  • Intercompany eliminations
  • Minority ownership
  • Local and consolidated reporting
  • Detailed audit trails

Financial Reporting & Compliance

These CPM tool features assist users with their financial statements and regulatory filings:

  • Financial statement reporting
  • Management reporting
  • Excel-based reporting
  • Automated board and financial reporting
  • XBRL support for regulatory filing

Analytics

These tools for at-a-glance and in-depth analysis help CPM users interpret performance metrics in the context of their company's larger strategic goals:

  • Personalized dashboards
  • Color-coded scorecards
  • KPIs
  • Cost and profitability analysis
  • Key Performance Indicator setting
  • Benchmarking with external data

Integration

It is vitally important for a CPM system to integrate with a company's BI system. The BI system feeds the CPM system performance data. The CPM system links performance data with strategic and financial data for the purpose of higher level planning and assessment. Types of integration include:

  • Flat file integration
  • Excel data integration
  • Direct links to 3rd-party data sources

CPM Software Comparison

To compare different CPM tools, you might want to consider evaluating options based on these factors:

  1. Finance vs Strategy: Do you care more about strategic planning or financials (such as consolidation and close, reporting, etc)? Products rarely do both of these well, so depending on which is your priority, compare tools based on both capabilities. Look at feature ratings for budgeting, planning and forecasting, versus consolidation and close and reporting. Financial reporting products will likely have more complex or specialized technical capabilities.
  2. Deployment type: Products may be cloud-based, on-premise, or offer both deployment types.
  3. Usability: Ease of use is an important factor, even more so if your use of the CPM platform will extend beyond the Finance team. Look for comments about usability in pros & cons sections of reviews, and compare how the products rate for usability.
  4. Reporting: CPM is very centered on reporting and the ability to build custom reports. Reviewers often comment on the quality of reporting, and are asked to rate products based on reporting features.

Start a CPM comparison

Pricing Information

Pricing varies widely depending on whether tools are designed to serve SMBs or enterprises. Subscription pricing structure is usually per seat per month, with lower pricing for read-only seats. Enterprises are typically paying in the region of $25k total subscription price for leading solutions.

Related Categories

Frequently Asked Questions

What is financial corporate performance management?

Financial CPM uses financial performance data, from revenue to costs, to measure a business’s financial performance against various KPIs or metrics. Financial CPM is the main function of corporate performance management.

What’s the difference between corporate performance management and human performance management?

Corporate performance management is focused on a business’s overall financial or strategic performance, while human, or HR, performance management focuses on individual employees’ performance in their professional roles. While both systems heavily rely on performance measurements like KPIs, CPM’s scope and scale is much broader.

What’s the difference between corporate performance management and business intelligence?

Corporate performance management takes the output from business intelligence tools and makes the data actionable. BI tools focus on organizing data and making it accessible via reports and dashboards. CPM tools take that output and measure it versus various financial and strategic metrics.

What are the benefits of using corporate performance management software?

CPM software allows businesses, particularly enterprises, to gain visibility into their overall financial performance and more efficiently budget based on current performance data.

How much do CPM tools cost?

CPM software pricing can vary largely based on whether the tool is targeted towards SMBs or enterprises. They are usually priced per seat, and enterprises can pay $25k+ depending on the number of users and range of features purchased.