News

  • Corporate Performance Management (CPM) Systems help companies handle financial and operational planning, financial consolidation and close, intercompany elimination, account reconciliation, reporting and analysis and other finance processes. Gartner first recognized the CPM software category in the early 2000s, when the sector was dominated by independent vendors like Hyperion, Cognos, and OutlookSoft. Over time, many of these CPM systems were acquired by larger software companies, and in many cases became “features” of or add-ons to ERP platforms....

  • On the surface, the concepts of financial consolidation vs. data aggregation might seem to mean the same thing. But financial consolidation is more than just rolling up or aggregating numbers. And to perform financial consolidation accurately and efficiently requires a purpose-built software application designed for the task....