US CMA Part 1 · Chapter 6 · Question 3 of 22
What is the main purpose of enterprise performance management (EPM) software?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: A) To support planning, budgeting, forecasting, consolidation and performance reporting across the organization
Explanation
EPM (also called corporate performance management) systems sit on top of transactional systems and help management plan, budget, forecast, consolidate results, model scenarios and monitor performance against strategy.
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