CPM Solutions

Businessmen and Managers have to have a way of tracking and monitoring their businesses. Mostly businesses have a way of doing that by Financial Accounting. Financial accounting helps them to see and evaluate performance. It does not provide them an opportunity to change or course correct. This is because most of Financial Accounting is based on Historical Data. Financial Accounting is however an important tool that cannot be disposed off given that businesses have to meet with certain statutory obligations and Compliances. As opposed to that, Management Accounting provides Businesses important insights, using historical data for trend analysis and forecasting. It there by allows companies to have some important dashboards which have constant comparison of present status with stated goals or objectives, so that decision making is more proactive than being reactive as in the former scenario. With the availability for sophisticated data modeling tools which can extrapolate data at various levels and report data in various forms, business intelligence is ever more available and affordable. The analysis of data provides an insight into hidden details and there fore enables intelligent decision making. These decisions when arrived at can be implemented using Resource Planning Systems that will result in direct and quantifiable benefits. This is Corporate Performance Management. Automating CPM provides consistent and streamlined ways of data gathering, analyzing, planning, reporting, decision making and implementation. It also provides information on lost opportunities or new available opportunities. For example, well implemented CPM strategies have show how controlled logistics either by better planning of material movement or rationalizing warehouse locations save millions of dollars for the company. Like wise, important decisions on incentivising employee performance can result in lowering attrition rates which for most companies are a direct cost of capital.

Metmox and CPM

Although there are certain players in the market offering solutions in CPM, most of them cater to large corporations. Our belief is in the Small and Medium Business segment (which accounts for 80% of skilled labor employment in the USA). This has been endorsed by large ERP Vendors which have identified that the strength in American Business lies in its innovation and that innovation and delivery is offered by its huge SMB. Hence they have tailored their products exclusively for this market. By being able to deliver solutions using the hugely popular BI tool and integrating that with the ERP system provided by these vendors, we would be in a position to provide that much needed intelligence to the SMB segment which hitherto does not have structured business intelligence support. This integration of ERP-BI gives a robust feed forward control mechanism that not only keeps the SMB on track but also propels it to proactively think in terms of achieving tangible, balanced growth rates in terms of both Top Lines and Bottom lines.