| Solutions and Services
By using best-of-breed CPM technology, we help our clients to realize the vision of an Enterprise Solution that not only provides visibility on key drivers of the business but also connects back through the Planning cycles of the business to integrate the analysis back into the strategic plans of the future.
This is accomplished using a best practices methodology to extract key data from the various operational systems (OLTP) into a staging area (Data Mart/Warehouse) and layering in the Reporting, Analysis, Scorecarding & Planning tools to provide user access to the data.
Using a simple web browser, users are able to view key metrics and drill down until the ultimate cause of performance is identified. The results of this analysis can be fed back into the Planning cycle.
Below is a diagram of the CPM process;
The CPM Process
Our team is specialized to design, build and deliver Corporate Performance Management (CPM) Solutions. The ultimate objective of CPM is to help provide your organization with 360-degree visibility on the historical & future performance. This is accomplished by extracting key transactional data from your various operational systems (i.e. SAP, JD Edwards, Peoplesoft, etc.) into a staging area (referred to as a Data Mart/Warehouse) to provide a centralized location for users to access analyze and contribute (i.e. Budgeting/Planning) data.
Most organizations that understand the value of Corporate Performance Management (CPM) recognize that good technology alone is not a guarantee of success. An experienced partnership with our team can make all the difference in ensuring your vision becomes reality.
Our team can help your company to better understand the value of CPM and help coordinate your internal resources to deliver value in the following areas;
- Provide Initial Education on CPM to key stakeholders
- Needs Analysis (to create an overall project charter)
- Project Planning & Design (to create a specific project plan)
- Staging Layer (Data Mart/Warehouse) Implementation
- Corporate Performance Management tools Implementation
- Deployment
- Knowledge Transfer
In our opinion, the Cognos Tools provide the complete suite of technologies to support your Corporate Performance Management system including;
Staging Area Creation – DecisionStream
Query and Enterprise Reporting – ReportNet
Analysis (OLAP) – PowerPlay
Scorecarding – Metrics Manager
Planning – Enterprise Planning
Financial Consolidation – Cognos Consolidation
For the quickest Return on Investment (ROI), Newcomp has developed a process called "Quick Mart". This approach involves finding and isolating with the "Sweet Spot" of data. That Sweet Spot is defined as the 20% of data that the knowledge workers use to make 80% of their decisions. Using the Quick Mart approach along with Cognos' 24 Ways Best Practices program also means that the data will be stored in smaller separate data marts by departmental function. This not only reduces overall costs but also shortens time to result and allows for more administrative flexibility.
More about 24 Ways to Impact
Your Business in 90 Days
Please Contact Us to speak to someone who can show how our team can help your organization realize the CPM vision.
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