Top 10 Enterprise Performance Management Solution Companies - 2021

Enterprise performance management is the integration of multiple methods such as strategy maps, balanced scorecard, performance measures, and lean management to achieve the executive teams strategy, improve control, and increase financial profits. A gap is widening between what management accountants report and what managers and employee teams want. The gap is being caused by a shift in managers’ needs—from needing to know what things cost and what happened to a greater need for detailed information about what their future costs will be and why.

The value-add, utility, and usefulness of accounting information increases at an exponential rate, as one shifts from financial accounting to cost reporting to decision support with cost planning. When the cost reporting shifts to decision support with cost planning, the analysis shifts to economic analysis. There is a trend toward using management accounting for internal chargebacks from internal service providers to service users. Line-item IT charge back invoices create a service provider a market for pricing. This information also serves for establishing what are effectively “transfer prices” based on cost consumption rates for service level agreements.

At this juncture, there are a wide variety of solution providers entering the industry with a set of advanced enterprise performance management solutions. To help companies navigate through the best-of-breed enterprise performance management solution providers, CIO Review has compiled a list of ‘10 Most Promising Enterprise Performance Management Solution Providers – 2021.’ The enlisted organizations offer solutions that help plan, budget, forecast, and report on business performance as well as consolidate and finalize financial results. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for the aspiring CIOs.

We present to you CIO Review’s, “10 Most Promising Enterprise Performance Management Solution Providers – 2021.”

    Top Enterprise Performance Management Solution Companies

  • 1

    Profit Velocity was founded to create a new generation of time-based profit analysis tools that would enable dramatic profit gains for complex manufacturing enterprises with hundreds or thousands of products and customers. Profit Velocity, as the name suggests, is on a mission to accelerate the profit gains of large, complex manufacturing enterprises by enabling them to see precisely how to optimize their mix of products and customers with time-based profit analytics. Leveraging Profit Velocity, manufacturers can take enterprise performance to new levels

  • 2

    UVID Consulting helps clients design optimized and seamless systems to manage their finance, sales, and operations performance cohesively. To help companies attain a streamlined EPM, UVID Consulting takes a design thinking approach. The company’s most significant value proposition is its capability to understand the clients’ business areas, drivers of business success, processes, and challenges. It analyzes different datasets, stakeholders, and the insights they need to drive better performance. UVID simplifies the overall EPM experience and magnifies the results by finding the right set of processes, data, and technology solutions. As a full-service growth advisor, UVID Consulting helps clients with predictive planning and analysis and allows them to identify different business use cases. These use cases are then narrowed down to the most promising through predictive modeling. Using multiple technologies, UVID enables its clients to generate reports based on essential KPIs and financial metrics

  • 3

    Accely Group

    Accely Group

    With expertise in simplifying and streamlining business processes, Accely Group help companies leverage the right IT solutions. For small, medium, and large-sized businesses, Accely delivers powerful and fully integrated cloud-based solutions

  • 4

    BPM Partners, Inc

    BPM Partners, Inc

    The company helps organizations address their budgeting, planning, financial reporting, regulatory compliance, profitability optimization, key performance indicator (KPI) development, and operational performance challenges with vendor-neutral experts

  • 5

    Fidato Partners, LLC

    Fidato Partners, LLC

    Fidato Partners provides proven and trusted business consulting and recruiting services in accounting & finance, risk & transformation, and information technology, enabling companies to achieve greater growth and performance by filling critical resource and knowledge gap

  • 6

    InnoFin Solutions

    InnoFin Solutions

    InnoFin Solutions is a full-service consulting partner focused on implementation of Oracle’s Enterprise Performance Management and Business Intelligence solutions

  • 7

    Jedox

    Jedox

    Jedox is a leading global Enterprise Performance Management solution provider. Over 2,500 organizations in 140 countries use Jedox for real-time planning on the web, the cloud, and on any device

  • 8

    MEDEANALYTICS, INC

    MEDEANALYTICS, INC

    A leader in healthcare analytics, MedeAnalytics helps organizations make even smarter decisions and provide innovative solutions that enable measurable impact for healthcare payers and providers

  • 9

    Syntellis Performance Solutions

    Syntellis Performance Solutions

    Transform data into intelligence and strategies into success with a single solution that unifies financial planning processes

  • 10

    xtiva.com

    xtiva.com

    Xtiva provides the leading and most respected sales performance management (SPM) and incentive compensation management (ICM) technology systems for the financial services industry