This CFO Research Services report is a follow-up to the firm's previous paper, "Best Practices in Selecting Performance Management Software," which offers tips and recommendations from senior finance executives who have successfully implemented performance management systems in their companies. Sponsored by Clarity Systems, this paper builds on that earlier report by investigating how companies that implement performance management systems can then make those investments work to their best advantage. It offers keen insights gleaned from in-depth interviews with senior finance executives from 11 companies and covers these important topics and more:
- Forecasting, measuring, and reacting to changing
business conditions - Choosing the right implementation team
- Enlisting the support of internal stakeholders
- Building business strategy into the performance
management system
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