The Path to EPM Success
An Enterprise Performance Management (EPM) system is most effective when it is applied to the entire organization. But a completely centralized approach to EPM is unrealistic in most large companies. For companies that have many different EPM initiatives underway, an EPM Center of Excellence can help standardize technologies and processes to maximize the potential of every EPM project.
This white paper introduces the concept of using an EPM Center of Excellence to help organizations realize the full potential of an enterprise performance management initiative and recommends best practices for creating a center that will succeed in the long term.
Although the term EPM Center of Excellence is used in this paper, the same principles apply to the related technology of business intelligence (BI). Some organizations create an EPM Center of Excellence, while others focus on a BI Center of Excellence. Either way, the objective is the same: to empower organizations to become smarter and more agile and to increase organizational alignment.