Enterprise performance management (EPM) can be defined as the integration of multiple methods (such as strategy maps, balanced scorecard, performance measures, driver-based budgeting, lean management, and customer relationship management) to achieve the executive team’s strategy, improve control, and increase financial profits—all through making better decisions. The output of a management accounting system is always the input to use in gaining insights and managing activities and operations.

Top 7 Trends in Enterprise Performance Management

Thanks to new technologies, EPM is emerging as a way to improve a company’s economic health through better cost management and accounting.