Corporate performance management, also known as enterprise performance management (EPM), refers to the procedures that businesses use to prepare for and oversee their financial success. The strategies that big businesses require to track the effectiveness of their company operations are defined and managed using corporate performance management (CPM) software. The development and use of procedures and processes using CPM software enable businesses to monitor key performance indicators (KPIs) in relation to corporate business objectives. Managers and executives who are in charge of enhancing the company’s financial performance utilise this kind of software throughout the enterprise. CPM software may occasionally be used only by accounting departments to evaluate financial performance.
At a CAGR of 13.7% from 2022 to 2028, the size of the global CPM software market is anticipated to increase from US$ 7261 million in 2021 to US$ 18020 million by 2028. About 52 percent of the worldwide market is composed of the whole American market, followed by Europe with over 30 percent and the Asia Pacific with about 11 percent.
In this edition of CFO Tech Outlook Europe, we present the list of the Corporate Performance Management Solution Providers in Europe. LivaBudget is one such company that offers top-notch CPM solutions. We also bring to you thought leadership articles and exclusive insights from expert CIOs and CXOs - Dr. AchimWolter, Head People, and Organisational Development at Baloise Group, Mathew Pearce, Global Head of Performance & Strategy, HSBC, HenrikTham, Head of Strategy & Transformation, Swedbank presenting their ideas and opinions on how clients can attain desired outcomes. We hope the valuable insights from industry thought leaders and the CPM solution providers featured in this edition help you make informed decisions. We present to you the “Top 10 Corporate Performance Management Solutions Providers in Europe 2022”.