MAPPING OVERALL METRICS TO DRIVE BUSINESS PERFORMANCE
Today, global organizations are leveraging digital technologies in the Enterprise Performance Management (EPM) processes in order to transform their business operations. Understanding that cloud, mobile, and big data are changing the competitive dynamics of the global economy and business, software vendors are shifting the plan to modernize their organizations with predictive analytics in the EPM landscape. Recognizing the need to measure, manage, invest, and report on changing sources of corporate wealth, and the demand to benchmark the performance of an enterprise, Techwave, an IT services company, provides end-to-end enterprise performance management solutions with seamless integration. “We implement solutions that enhance Strategic, Financial, and Operational performance management of the organizations considering key business drivers,” says Raj Gummadapu, SVP, and COO, Techwave.
Headquartered in Exton, PA, the company focuses on providing a full range of solutions in EPM including financial performance management, supply chain performance management, profitability, cost analysis, and predictive analytics. “Our EPM solutions provide better planning, insights, and predictions of the business performance,” adds Gummadapu. Given the in-depth understanding and mapping of the overall metrics that drive the business performance, Techwave implements technology solutions that drive the business value with their industry and domain expertise.
Designed to drive business performance, manage risk, and optimize the financial value chain, the company’s EPM solutions influence profitability, cost management, business planning, financial consolidation, strategy management, and supply chain. The solutions address the financial, warehouse analytics, distributing process, and reporting and analysis on the customers’ performance. “We invest money and time to implement specific industry performance management solutions to retrieve the overall insights of the data and manage the results.
Our EPM solutions provide better planning, insights, and predictions of the business performance
with specific templates developed for the client,” says Gummadapu. Using Techwave’s EPM, the clients can review their performance in real-time for proactive decision-making to steer the organization to achieve strategic goals. “The features of the EPM models are specific to the business functions and they congeal with the data and the business process.
