Enterprise Performance Management

Enterprise Performance Management (EPM) is most commonly described as a category of technologies and practices that enables organisations to translate strategies into plans, monitor execution and provide insight to improve financial and operational performance. The solutions offered by Taysols align with the various aspects of Enterprise Performance Management; they can be implemented as stand alone solutions in areas of specific need or neatly integrated as part of an overall EPM framework.

Planning, Budgeting & Forecasting

Companies must move away from planning, budgeting & forecasting based on frequently inconsistent and unrelated spreadsheets. Planning is often a yearly nightmare with little or no visibility into current and future performance. Now organisations need to get away from that old planning process that means do and forget once a year, takes months to prepare and is out of date not long after completion.
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Financial Consolidations

Companies are facing new challenges today. Financial institutions and other external parties are increasingly seeking more information about the health of their business and the amount of predictability and control they have over that business. The introduction of International Accounting Standards means that companies need a solution that is designed to handle complex financial consolidation and reporting tasks and can adapt to future requirements.
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Reporting

In today's business environment, knowing what makes your business successful-and why-is critical to performance. The good news is that most enterprises already have the answers; unfortunately it is locked away in production systems and data warehouses. To capitalise on this information to increase revenues and cut costs, companies need to give their users the tools to unlock and analyse this data.
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Scorecards & Dashboards

Superior performance depends on aligning each individual and department in your enterprise with corporate strategy and KPIs. Yet most companies fail to communicate their goals outside of the Boardroom and are unable to translate their strategies into meaningful performance metrics that employees understand and are accountable for.
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