Explore Why Business Performance Management Software Market Is Thriving Worldwide? Know about Key Players like Deltek, Appfluence, Silvon Software, IBM, FloQast, Phocas Software, and Scientrix
The global business performance management software market was valued at US$4,738 million in 2016, and is projected to reach at US$+12,562 million by 2025, growing at a CAGR of +11.70% from 2018 to 2025. Business performance management software that is designed to help organizations link their strategies with their plans and execution. There are several components of an EPM software that are linked to the management processes, such as budgeting, planning, forecasting and modeling. The EPM software consists of consolidating the results and closing the books temporarily. BPM software also has a component to report the results to internal and external shareholders, analyze performance and verify if the performance of the organization is according to the plan and in accordance with the vision and mission of the organization. Other indicators that are used as a reference in EPM software are return on investment (ROI), revenue costs, general expenses and operating costs. With