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CPM Process Model
Niteo provides a comprehensive enterprise framework for Corporate Performance Management to provide complete enterprise coverage. Niteo and its partner vendors like Cognos enable the complete management cycle with integrated software & services for Planning, Budgeting, Reporting, Analysis, and Scorecarding, that links People, Information, and Decision-Making Processes throughout the Organization.
As with any enterprise-wide initiative, careful thought and early planning will help the organization achieve the best possible results. 'Strategic Execution' is the driving force behind Corporate Performance Management at Niteo. Therefore, the first step is to review Organizational Goals and Objectives at the highest level. Next, we clearly define 'Key Performance Indicators' (KPI) and how they are to be achieved. The purpose is to determine which performance metrics will be required by which people and at what level of detail. We give careful thought to these metrics and plan to measure what is critical to the Organization's Success.
Niteo's Consultants are uniquely qualified in several advanced business analytical technologies. Their expertise in enterprise-wide, strategic management applications (like planning, budgeting, scorecarding), analytical applications (covering Finance, Sales, Marketing, Distribution and Inventory Processes) vests them with the ability to create a company-wide foundation model that offers a single logical view of the business.
Niteo through its partnership with Cognos has the technology and processes engineered to drive best-in-class performance throughout the management cycle, connecting strategy and execution. Niteo can now enable Corporate Performance Management, by addressing all phases of the management cycle and bring together not only people and information but also Decision-Making Processes.
Niteo's Corporate Performance Management Solution focuses on the seven Key Processes for achieving the best results:
- Strategy Formulation
- Scenario Analysis
- Planning & Budgeting
- Communication
- Monitoring
- Forecasting
- Reporting
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