Enterprise Performance Management

Enterprise Performance Management (EPM) is a process for efficient planning, budgeting, forecasting and monitoring business performances at all levels of strategy,  operations and execution.

Companies struggle to transform strategies into actionable metrics and they grapple with meaningful analysis to expose the cause-and-effect relationships, the relationship, if understood within time can give insight to the decision-makers.

Some of the prevalent enterprise performance management issues can be categorized as below:

• Longer Budget cycles
• Lack of actionable information to take informed decisions
• Lack of transparency and control
• Lack of comparative analysis during the process
• Complexity and volume of reports
• Maintaining multiple versions

How Tricom can help you

Tricom’s EPM framework helps client to define strategic goals, measure performance and takes corrective actions in timely fashion. Our EPM solutions help your organization capitalize on the value of your existing data assets. Our focused and proven approach helps clients in financial planning, operational planning, budgeting & forecasting, consolidation & reporting, business modeling, analysis, and monitoring key performance indicators linked to the strategy.

What we do

Our skills can be applied to help clients in defining a long term EPM strategy along with defining a clear road map of suitable technology and business goals. These may include better budgeting, more accurate forecasting, integrated enterprise planning, faster closing, integrated legal and management reporting, reporting quality improvement, scorecard derivation, performance metrics re-alignment and enhanced data analysis.

We help our clients in best-fit tool selection for effectively meeting the business requirement and address areas of concern. The tool and technical landscape recommendation is done keeping key parameters like ROI and investment protection in mind.

Our end-to-end offering starts from EPM strategy development, fast track implementation and also review and revamp of the existing solution.

Alignment of people, process and systems to define a clear roadmap and deliver sustainable value

Tricom and Hyperion

Tricom is experienced Oracle Partner offering business-led consultancy for BI including technical expertise combined with a comprehensive delivery capability for all the Hyperion applications. Tricom’s Oracle Center of excellence holds a pool of experienced Hyperion’s functional and technical consultants for products across the Oracle Suite of Applications for Performance management including following products:

• Hyperion Financial Management
• Hyperion Planning
• Capital Expense Planning
• Workforce Planning