Performance management,business intelligence,enterprise resource planning system,finance function,

Performance Management & Business Intelligence

Performance management,business intelligence,enterprise resource planning system,finance function,
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Does Performance Management mean replacing some of my existing business applications?

No, that's not really the intent, what a performance management system will do is complement those existing transactional systems like the general ledger and ordering processing systems that are for example running the operational activity in your business what a performance management system is doing is sitting at a level above those allowing you to make sense of all the data held in those systems and understand what it's telling you. You can use a performance management systems to monitor some of those key operational functions on a very short term basis and you can also use the data in those systems to see what's going on, examine trend and then make longer term forecasts about what you want to do and where you want to take your business.

 

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Performance Management & Business Intelligence

Stephen Brook
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Stephen Brook Manager, IBM Cognos Innovation Center for Performance Management, IBM Software Group. Joined the Cognos Innovation Center in January 2008. Prior to that he was a Solution Architect in Cognos' UK Services organisation, focusing on the design and delivery of complex and large-scale Cognos Performance Management solutions. Stephen joined Cognos in 2004 from Royal Dutch Shell, where he held a number of roles in Engineering and Business Consultancy, the last of which involved the implementation of a Cognos Planning solution for one of Shell's main business units.

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Stephen Brook from IBM Cognos Innovation Center explains in detail how Performance-Management and Business-Intelligence can work for business.

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