Corporate Performance Management (CPM)

Corporate Performance Management (CPM) is an umbrella term for the methodologies, metrics, processes, and systems used to monitor and manage an organization's business performance. It enables companies to align their strategy with planning and execution by integrating processes like budgeting, forecasting, and financial reporting into a cohesive framework.

CPM systems help businesses set goals, analyze performance against those goals using techniques such as variance analysis, and gain insights to make better-informed decisions. It provides a structured approach to measuring and improving business health, covering both financial KPIs and operating metrics to provide a holistic view of the company.

The term is often used interchangeably with Enterprise Performance Management (EPM), although CPM is sometimes considered to have a more finance-centric focus. A core goal of CPM is to provide a single source of truth that supports activities from financial close and consolidation to long-range strategic planning.