About this Constellation ShortList
Corporate performance management (CPM) (also known as enterprise performance management or business performance management) is a class of software that helps companies with budgeting and forecasting, strategic and operational planning, workforce planning and optimization, and financial consolidation and reporting. The CPM category emerged in the ’80s and ’90s with on-premises software aimed at large enterprises. Cloud-based CPM systems have emerged over the last decade, initially adopted by small- and medium-sized organizations. Now, cloud-based CPM options are scaling up into enterprise deployments, and they are seeing double-digit annual sales gains.
This category refers to cloud-based performance management systems that support budgeting, planning, forecasting, modeling, analysis, reporting, financial consolidation and regulatory reporting. Cloud deployment makes it possible to deploy, configure and change these systems in an agile way, making them an attractive choice for any organization dealing with disruption or rapid growth, or attempting to pioneer new product categories or business models.
Constellation considers the following criteria for these solutions:
- Rapid deployment and configuration of multi-tenant services
- Agile budgeting, planning & forecasting capabilities
- Flexible modeling capabilities
- Rich data analysis and reporting tools
- Compliant consolidation and statutory reporting capabilities
- Modern, intuitive interfaces
The Constellation ShortList™
Constellation evaluates more than a dozen solutions categorized in this market. This Constellation ShortList is determined by client inquiries, partner conversations, customer references, vendor selection projects, market share and internal research.
These are the best-of-breed vendors that provide multi-tenant, cloud-based performance management offerings:
- Adaptive Insights
- Host Analytics
Frequency of Evaluation
Constellation clients may work with the analyst and research team to conduct a more thorough discussion of this ShortList. Constellation can also provide guidance in vendor selection and contract negotiation.
Connect with a Constellation analyst or learn more. Click here.