In today's increasingly global and competitive business environment, it's not enough to know where you want your business to go. You must plan faster and do more, with potentially less budget and resources. At the same time, you must be incredibly efficient and more precise with every decision, while complying with regulatory requirements.

As a result, the office of the CFO is faced with more pressure and responsibility than ever before – in addition to dealing with myriad regulatory and compliance issues. As the company's chief profitability officer, chief strategist, chief compliance officer, and liaison with the investor community, the CFO must prioritize and modify plans based on the changes going on around the organization. Understanding those changes requires the CFO to monitor, analyze, report, and act on information coming from many different parts of the business, including your external partners, vendors, and customers.

To handle these challenges, you need solutions that link together your processes and provide a common view of your business. With SAP solutions for enterprise performance management, you can turn your organization into a performance-driven enterprise by:

• Defining strategy – and prioritizing activities according to that strategy – to ensure operational alignment with corporate goals
• Planning, budgeting, forecasting and allocating resources to support strategy and achieve optimal execution
• Consolidating, monitoring, and reporting on performance outcomes for management, regulatory, and statutory purposes, while maintaining a fully documented audit trail
• Modeling and optimizing the drivers of profitability on an ongoing basis to achieve your overall business goals
• Enhancing operational performance through comprehensive, relevant, and flexible analytics

Optimize Business Performance

SAP solutions for enterprise performance management empower organizations to manage all financial and operational strategy, planning, budgeting, forecasting, reporting, and analytic requirements – in addition to profitability and cost optimization. Whether you are measuring profitability, achieving cost-reducing synergies, accelerating time to market, or simply reporting results in a more compliant and timely manner, SAP solutions for enterprise performance management can help you deliver answers, drive decisions, take action, and manage your business.

With SAP solutions for enterprise performance management, you can capitalize on the value of your corporate data to drive organizational alignment, increase business agility, and create competitive advantage by controlling performance. You have the visibility required to understand current performance, the tools you need to develop effective strategies, and the resources to drive execution across all levels of your organization.

SAP solutions for enterprise performance management enable the following capabilities:

• Strategy management – Set your goals, map your strategies, and then monitor and manage performance from high-level objectives down to operational metrics.
• Business planning and consolidation – Increase accuracy in planning at every level in your organization, while reducing plan cycles and associated costs.
• Financial consolidation – Complete your financial consolidation and reporting cycles faster – with complete confidence in your data.
• Profitability and cost management – Get a better picture of your real costs and profits, and then use this data to improve your bottom line.
• Financial performance management – Link the aforementioned strategy management, planning, financial consolidation and profitability via a trusted, centralized data source, to achieve financial excellence and empower your CFO to act as a strategic advisor to the business.
• Analytics – Take advantage of business analytics in the context of your internal processes and procedures, including spending, sales and operations, supply chain, manufacturing, customers and services, and finance functions.

Drive Adoption of Your SAP Investment

To drive greater user adoption of your business processes while reducing total cost of ownership of your SAP investment, take advantage of the SAP NetWeaver platform as the foundation for your enterprise performance management deployments.