The Limitations of ATS Platforms in Connecting Internal Business Processes
Warren Wang
Co-Founder & CEO, Doublefin
Why Enterprise Performance Management (EPM) Isn’t Designed for HR and Business Teams
Why Enterprise Performance Management (EPM) Isn’t Designed for HR and Business Teams
Enterprise Performance Management (EPM) has become a key solution for organizations aiming to optimize financial processes and overall business performance. An EPM system integrates financial planning, budgeting, and forecasting functions into a unified platform, evolving from simple financial consolidation to addressing broader business goals. In practice, EPM helps organizations manage planning, budgeting, forecasting, and reporting on performance, making it essential for CFOs and financial analysts to monitor metrics such as revenue growth and profit margins. However, traditional EPM solutions primarily cater to financial departments, often missing the nuanced needs of HR and business teams. This disconnect highlights several issues: Financial metrics are just one part of overall performance. Human capital management requires different tools. Cross-departmental collaboration needs more flexible solutions. Real-time people analytics are often not supported by traditional EPM systems. As companies increasingly focus on strategic human capital management and employee experience, the gap in organizational effectiveness becomes more apparent. If you're looking to bridge the gap in your Enterprise Performance Management and enhance your organization’s overall effectiveness, consider Doublefin. Our innovative solutions are designed to support cross-departmental collaboration, integrate real-time people analytics, and cater to the diverse needs of your HR and business teams. Contact us today to learn more!
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