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In this episode ofThe Better Finance Podcast, Tom Shea, Chief Executive Officer at OneStream Software, joins podcast host Myles Corson to discuss the role of corporate performance management (CPM) solutions in helping CFOs rationalize data and enabling managers across the enterprise make better business decisions.
Faced with increasing demands of the business, CFOs today are looking at technology, such as CPM, as a way to help them access more data, at a faster pace, and with greater governance.
Enterprise resource planning (ERP) solutions and corporate performance management (CPM) solutions are not the same. ERPs record transactions and capture what’s going on in the business. CPM solutions enriches this data by supplementing with calculations and aggregations and providing finance to use intuition to see the data in a more rational way and make more informed business decisions.