Corporate Performance Management (CPM – not to be confused with CRM) – enterprise performance management systems that allow you to measure and manage the organization’s performance. These sets of metrics and methodologies also have similar names – Enterprise Performance Management (EPM), Strategic Enterprise Management (SEM) and Business Performance Management (BPM). As a rule, this is a tool of financial managers and a financial director, aimed at performing a number of functions:
financial planning and forecasting – in order to create a company budget and determine the main directions of income and expenses
strategic planning – creation of financial models based on the analysis of income and expense flows (here, the system often works with KPI)
financial and management reporting – creating reports for summing up the results for the period, as well as presentations to management
formation of consolidated financial statements – aggregation and presentation of data for analysis, audit, reporting to government agencies.
CPM systems are usually used in large companies with advanced financial and management accounting and the need for in-depth financial management and analysis.
BRMS
Business Rule Management System (BRMS) – business rule management systems that formalize the logic of decision making, but not in the way that, for example, CRM systems do. The CRM system does not describe the business logic, but is based on it, that is, the logic is implemented in the program code of the system. BRMS provide human-readable descriptions of business logic that are understandable to all managers, not just IT professionals. The implementation can be very primitive, even simpler than a business process: “if the contract is signed, then send it to the counterparty, otherwise run it in Landox for renegotiation.”
In terms of software architecture, this is an application that includes a graphical interface for creating and editing business rules, an information store, analysis tools, and a rule execution server (the system engine that runs rules, sends reminders, etc.) In its pure form, BRMS are found extremely rare, most often included in BPMS, PM, CRM and DSS.
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