Altius CEO, Noel Phillips shares his thoughts on where he sees the direction of Enterprise Performance Management (EPM) usage moving in businesses large and small. Noel Phillips:  The first thing I am seeing is a more iterative approach.  It used to be that companies were lucky to get through one or two cycles of a budget and forecast a year driven by the lack of available dat ...

When companies decide to invest money to acquire or upgrade fixed, physical, non-consumable assets, such as buildings or new equipment – each capital expenditure goes through an approval process. Many small to mid-sized companies (and even larger companies) tend to manage and track Authorization for Expenditure (AFE) requests and approvals in lengthy email strings and error-pr ...

Enterprise Performance Management solutions allow for dynamic scenario planning, which means that companies can quickly build scenarios, adjust plans, and make better strategic decisions for both the present and future.  This is particularly critical for companies in volatile markets like energy, where companies face distinct short-term and long-term risks associated with fluctuating oil prices.

Altius' meta-analysis capabilities allow companies to create business value and a competitive advantage through improved understanding of their own data—at both the process and people/user level.  These analyses can be immensely helpful in identifying key areas of the business process that need work or improvement (as well as identifying people that might be consistently contributing to those issues), and finding appropriate solutions.  Most Enterprise Performance Management vendors do not provide this critical piece of the process-management puzzle.

Many companies who have taken the plunge and implemented corporate performance management software are not seeing return on their investment. While CPM solutions have come a long way in recent years; helping companies to achieve process automation, collaboration and consolidation across their performance management processes, we often see those same companies struggling with re ...

This past Thursday, Microsoft pulled the current back on their activities for SQL Server 2016 at their Data Driven event in New York. Among the new capabilities built into SQL Server 2016announced, were:   Business Intelligence for every employee on every device – including new mobile BI support for iOS, Android and Windows Phone devices Advanced analytics using new R supp ...

The cloud makes enterprise-planning solutions affordable for companies that may not have the funding for an on-premise solution. Its software-licensing model utilizes a subscription format, allowing the investment to be spread over time, versus a lump sum payment up front. Cloud deployments also reduce the level of technical resource requirements, hardware and system costs. So ...

The cloud service model, with its fast implementation time, meets the needs of a volatile business market. It enables the finance function to have a planning and budgeting solution up-and-running in a couple of weeks, as opposed to the months required for traditional on-site offerings. The speed and responsiveness of cloud solutions helps address the inefficiencies and dispari ...

The Cloud enables faster new insights through advanced analytics and BI deeply embedded in financial applications along with collaborative tools. Corporate Performance Management cloud solutions are becoming more robust with expanded software functionality for improved productivity and insights. Many CPM cloud solutions include advanced analytics and business intelligence (BI) ...