08.28.07
Posted in Business Intelligence (BI), Enterprise/Corporate Performance Management (EPM/CPM) at 2:34 pm by irusgroup
CPM is a discipline and business intelligence software is the tool companies use to manage CPM. Of course most people measure corporate performance by looking at income sheet and the balance sheet. That’s one way to look at it. But through our client engagements, we have also measured corporate performance from, let’s say, an HR perspective. Another way can be customer satisfaction. For one company it might be the financial aspects, for another how well people perform. Another example is how green your company is or where they invest. Certain customers may not want to invest in companies that sell in certain countries. CPM helps determines how well your company is performing based on where you need to be.
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08.20.07
Posted in Business Intelligence (BI), Enterprise/Corporate Performance Management (EPM/CPM) at 1:43 pm by irusgroup
Oracle has recently rebranded its Enterprise Performance Management applications as the Hyperion Financial Performance Management Applications. These solutions were recently rolled out to the market. We are excited to see the how quickly Oracle has positioned the Hyperion aps into the Oracle product line. Many of our business intelligence engagements involve financial process integration, (planning and budgeting) so we were anxiously awaiting the announcements. This fits in perfectly with the Irus Methodology and how we implement BI systems for our clients.
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08.16.07
Posted in Enterprise/Corporate Performance Management (EPM/CPM), Federal at 2:27 pm by irusgroup
The big trend in government contracting is performance based contracts. You have to determine what some of the metrics are, such as “all invoices will be sent by the third of the month.” And if the invoice is inaccurate, you can get negative points. Government program managers measure how well their contractors are performing to the project plan. Or how much turnover you are experiencing. Or percentage of business going to small business. OPM has come up with a number of metrics and companies need to report back how well they’re doing. This means they need systems in place to ensure that they can comply with the emerging government requirements.
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08.07.07
Posted in Enterprise/Corporate Performance Management (EPM/CPM) at 2:14 pm by irusgroup
In back-to-back announcements, Bear Stearns and Perot Systems give their finance chiefs the title of chief operating officer. This article on CFO.com confirms a trend that we’ve been seeing for a while with our customers. It makes sense, since the operations side of the business continues to demand better access to financial information and reporting from the finance side. CFO’s that can deliver information to their constituency as needed can easily bridge both functions.
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08.03.07
Posted in Oracle OBIEE at 1:08 pm by irusgroup
We’re excited about the recent Oracle Business Intelligence Enterprise Edition Plus announcement and look forward to supporting it for our clients. The Irus Group approach of looking at Business Intelligence and Corporate Performance Management (CPM) with a financial slant benefits our clients. Our long expertise in financial processes, such as planning and budgeting helps government agencies, financial services firms, and other commercial entities get more value from their BI systems.
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