Financial Consolidation is the nexus of complexity and risk in the financial close process. Group Reporting supports the computation, creation, and disclosure of consolidated reports that provide information on the performance of a corporate group. SAP S/4HANA Group Reporting is SAP’s strategic Financial Consolidation solution for the future. EPM must leverage the latest technological innovation to integrate process and people to help organisations stay ahead of the competition. EPM empowers managers to plan, analyse, and report efficiently and provides Actionable Intelligence to make corrective actions. Specific to financial activities in the office of the chief financial officer, EPM also supports financial Planning and analysis (FP&A).Įnterprise Performance Management is a methodology to integrate different parts of the organisation, such as operations, finance, and strategy to work towards a common organisational goal. Wikipedia Says…Įnterprise performance management (EPM) is a field of business performance management which considers the visibility of operations in a closed-loop model across all facets of the enterprise.

Advanced EPM systems can support many performance methodologies such as the balanced scorecard. An EPM system integrates and analyses data from many sources, including, but not limited to, e-commerce systems, front-office and back-office applications, data warehouses and external data sources. EPM is the process of monitoring performance across the enterprise with the goal of improving business performance.

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