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Financial Performance Management in Germany, Austria and Switzerland
Corporate performance management (CPM) refers to processes, methods, metrics and tools for planning, steering and controlling an organization’s performance and profitability. CPM is therefore one of the central management tasks in an organization at strategic, tactical and operational levels. With regard to the management and monitoring of financial results across the organization, financial performance management (FPM) focuses on streamlining financial management processes.
This BARC Score examines the market for FPM products and portfolios in the DACH region (Germany, Austria and Switzerland).
Based on data points from The Planning Survey and The BI Survey as well as numerous analyst interactions, vendors are rated on a variety of criteria, from product capabilities and architecture to sales and marketing strategy, financial performance and customer feedback.
The full report is available to BARC Access subscribers, and can also be purchased as a PDF.
There are two principal inclusion criteria for this BARC Score: the first is associated with each vendor’s products and the other is linked to the financial results relating to those products.
To be evaluated in this BARC Score, a vendor has to have a strong focus on providing FPM functionality (not only analytics functionality) and supply five out of six technologies from the following list in a solution not merely focused on one industry or use case:
Operational planning and forecasting
In addition, the vendor has to generate a minimum of 3 million EUR in license revenue per year with its product set in German-speaking countries (Germany, Austria and Switzerland). There is no differentiation between on-premises offerings and cloud-based product sets.
The full report BARC Score Financial Performance Management DACH is available to all BARC Access subscribers, or can be purchased as a standalone PDF report. Contact us to purchase.