Corporate Performance Management (CPM) provides essential information and strategic planning to core decision-makers, enabling informed decision-making to enhance business performance. It integrates management processes into an interactive workspace, improving communication and reducing planning and reporting time through effective data capture and analysis. CPM helps set clear goals and optimize business strategies by combining performance oversight with effective measurement and reporting tools.

1. The basic elements of corporate performance management are providing
information and strategy planning. CPM can provide the core decision makers
direct access to required information. With a clear understanding of the facts of
the business, informed decisions can be taken for boosting the performance.
Performanceoversightsignifies an overallview of the business details. CPM
provides the required performanceoversightto the management which helps in
optimizing the business. Performanceeffectiveness helps business executives as
well as decision makers to set clear goals and work towards achieving them. CPM
assures thenecessary performanceeffectiveness.
Corporateperformancemanagement systemcombines the management process
in a single, interactive and collaborative work space. Scorecards and reports can
improvefinance, operations and workforce. Web based collaboration and
distribution capabilities improvethe communication process. Corporate
performancemanagement systemcan reduceplanning, forecasting and reporting
time through data capture and analysis. Itintegrates business strategies, business
measures and business actions.