The Process of Business Performance Management
Business performance management is a combination of different management and analytical processes with the integration of technology. Performance management is an essential application of modern BI. It involves the use of BI tools to measure employee, department, and corporate performance through the tracking of KPI's (Key Performance Indicators).
The use of BI tools is growing across the globe and any established or emerging organization can take advantage of them. InetSoft delivers business intelligence software that makes tracking performance and managing goals easy. The use of dashboards to visualize performance measures enable non-technical users to fully understand complex conditions, giving management the tools they need to focus on growth for their organization.
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How the Performance Management Process is Implemented
There are several stages of the performance management process. First, the company needs to set its goals. Secondly, it needs to plan and execute the strategies for achieving those goals. Finally, it needs to evaluate the efficiency of the goals and the strategy it has used to get there. Key figures who set the goals and assign tasks to employees are the one who are responsible for performance management.
To evaluate efficiency and strategy of current execution, an organization requires an agile BI software that includes the ability to perform in depth analytics. Making use of an efficient BI software such as StyleBI will make it easier for these senior managers to keep track of their company's progress.
InetSoft provides a one of a kind BI software that makes performance management an easier and more independent process for executives. Using StyleBI, users can create customized monitoring dashboards that track performance and are updated in real-tme as data changes. The ability to modify as well as create dashboards without help from IT empowers executives to create a performance management system that serves their own individual needs and preferences.
About InetSoft
Since 1996 InetSoft has been delivering easy, agile, and robust business intelligence software that makes it possible for organizations and solution providers of all sizes to deploy or embed full-featured business intelligence solutions. Application highlights include visually-compelling and interactive dashboards that ensure greater end-user adoption plus pixel-perfect report generation, scheduling, and bursting.
InetSoft's patent pending Data Block™ technology enables productive reuse of queries and a unique capability for end-user defined data mashup. This capability combined with efficient information access enabled by InetSoft's visual analysis technologies allows maximum self-service that benefits the average business user, the IT administrator, and the developer. InetSoft solutions have been deployed at over 5,000 organizations worldwide, including 25% of Fortune 500 companies, spanning all types of industries.
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