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It’s about increasing profits, increasing sales or reducing costs, businesses must monitor vital data that will assist them in reaching their goals. This is where business performance software can be useful. These software tools provide insight into different metrics that will let businesses evaluate their organization processes and refine them to meet the company goal.

These tools let organizations monitor KPIs on a global or regional level to aid in better decision-making. They can also help identify the potential risks and issues that could arise. They can be deployed on the premises or in the cloud to facilitate rapid implementation and increased scalability.

Some of the best business performance management tools include emPerform, Zenefits and Wrike. The former provides an extensive employee evaluation process that includes goal-setting and constant feedback to help employees develop their abilities and ensure that they are aligned with the company’s goals. It also includes organizational-wide calendars, dashboards, and Gantt charts to manage tasks and streamline reporting.

Another tool that can streamline financial processes is Prophix CPM for SYSPRO, which allows companies to plan, budget and analyze data in real-time. Its features include an integrated database of data sources as well as built-in workflow and collaboration with a central dashboard as well as automated reports that facilitate quick analysis of current and historical financial data. It also automates processes, such as data collection and data entry. The solution is able to be used by finance departments of medium, small and large-sized enterprises. The platform is built on Microsoft SQL and gives users access to financial information in varying levels of depth starting from a high-level overview to a minute detail. It allows them to take an informed decision and take action immediately.