Performance Management essentially has two components : planning and measuring results. Enterprise Performance Management (EPM) used to be focused on financial performance and most of the early solutions in this space were built for Financial Budgeting, Forecasting and Reporting. As has been the case in the past, EPM is no longer a Finance centric, Finance driven process. Today EPM applies to all areas of the enterprise. In fact, EPM to be most effective must link together the different business processes in an Integrated Performance Management (IPM) system. IPM represents the coupling of all related business processes in various functions (siloes) of the company associated with strategic planning, investment decision-making, budgeting and forecasting, and performance reporting/management to work in sync.
• Marketing Performance Management
• Sales & Operations Planning
• Financial Planning & Analysis
• Financial Consolidations & Reporting
• Workforce Planning
• Portfolio Management
While traditional EPM solutions such as Hyperion, Cognos, Host Analytics, Adaptive Insights were all purpose built for specific processes, Anaplan is the only solution which is a platform to develop solutions to fit individual company's needs, especially when they are complex and/or non-standard.
"Anaplan is best for companies with relatively complex, data-intensive planning and modeling use cases in finance, sales, marketing, operations, and HR across a variety of industries."
The Forrester Wave™: Enterprise Performance Management, Q4 2016