Enterprise Performance Management (EPM), also known as Corporate Performance Management (CPM) and Business Performance Management (BPM), is a strategic approach to improving business performance.

“Methodologies, metrics, processes, and systems used to monitor and
manage the business performance of an enterprise”
as defined by Gartner Inc. “EPM in short represents the strategic
deployment of business intelligence solutions”.

The EPM integrated solutions concept was recently conceived to define the actionable solutions that arise when information resides in concentrated sources within an organization. For Bitam, EPM is a top down framework consisting of 3 individual solutions: Business Intelligence, Strategic Planning and Financial Planning. The sole purpose of these combined solutions is to align the tactics, strategy and execution of business plans. The solutions are created on a unique platform utilizing a multidimensional model that supports a diverse array of capabilities that power the information through metrics, analytics, dashboards, and scorecards.

Some of the most known and adopted methodologies on performance management include: six sigma, balanced scorecard, activity-based costing, total quality management, economic value-add, and integrated strategic measurement. However, methodologies on their own cannot deliver results. They fail within the organizations operational processes because of poor execution and the unalignment of action and metrics. Bitam offers a complete suite of software tools that deliver the benefits of implementing and measuring strategic plans correctly.