| | JUNE 20186CIOReviewIn today's competitive business world, decision making is one of the significant aspects in improving enterprise performance. Even though traditional tools like spreadsheets provide the ability to process and interpret large amounts data for better decision-making, they are proven to be error-prone, slow and labor-intensive to uphold. The need of the hour is speed, agility and foresight to predict and adapt to market conditions. All this can be achieved, with efficient enterprise performance management (EPM) solutions that integrate best practices with technology to accurately monitor and analyze the business performance. EPM solutions span all the areas including strategy management, profitability and cost management, business planning, financial consolidation, spend, supply chain and other operational performance areas. EPM aligns the processes, systems, and metrics needed to measure and manage the performance of an organization. By implementing cloud-based EPM software, organizations are now able to automate data collection, budgeting, forecasting and analysis processes, and make management reporting timely and accurate. Many finance and IT leaders made the move to EPM in the cloud primarily for economic reasons, including avoiding on-premises upgrades, infrastructure investment, and lower TCO. The advent and proliferation of advanced technologies such as analytics, business intelligence, and mobility are driving performance management landscape to the whole new echelon. EPM is mainly integrated with BI and analytics tools to address three aspects: knowledge of the past, present, and the future of an enterprise. Furthermore, to access key business information for faster decision-making and to achieve improved process flow, EPM vendors are focusing heavily on mobile strategy. The flexibility and productivity benefits offered by mobile devices are definitely a major factor in this move.In this scenario, our goal with this edition is to highlight the best-of-breed EPM solution providers like Infor that is disrupting the traditional model of finance centric EPM. The company's EPM optimizes the performance of multiple departments such as sales, marketing, operations, HR, in addition to finance. This edition also blends thought leadership from subject matter experts with real stories on what selected vendors are offering their clients, including exclusive insights from CIOs and CXOs. Write us your thoughts.Jeevan George Managing Editoreditor@cioreview.comEditorialA Holistic View of Business PerformanceCopyright © 2018 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.CIOReviewJUNE - 8 - 2018Contact Us:Phone:510.996.5173Fax:510.894.8405Email:sales@cioreview.comeditor@cioreview.commarketing@cioreview.com JUNE - 8 - 2018, Vol 07 SE 42 Published by ValleyMedia, Inc.To subscribe to CIOReviewVisit www.cioreview.com CIOReviewEditorial StaffSalesAshik Jain Carolynn WaltersKyle SummersMelissaSarah FernandesSam EricssonMax Wilsonmax.wilson@cioreview.comVisualizersIssac George Ajay K DasManaging EditorJeevan GeorgeEPM SPECIAL*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffT:510.556.2402.
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