It's not just another software upgrade. Business Performance Management is about defining your company's key metrics that matter now and in the future
By Dave Lindorff|August 01, 2003 at 08:00 PM
Thank you for sharing!
Your article was successfully shared with the contacts you provided.
Six years ago, when Hyperion Solutions Corp. arrived with pioneering software in business performance management, finance executives at semiconductor maker International Rectifier Corp. made two smart decisions: First, they bought the software, and second, they didn’t make every department sign on right away. According to Doug Burke, senior manager for financial analytics, the plan was to start with the departments that needed it most. “Our people in finance and sales would spend 80% of their time collecting data, and 20% of their time using it,” Burke recalls. “Now, we do things in minutes that used to take us hours, and we’re able to forecast sales and spot problems quickly.”
Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.
Your access to unlimited Treasury & Risk content isn’t changing. Once you are an ALM digital member, you’ll receive:
Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices,
case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
Exclusive discounts on ALM and Treasury & Risk events.
Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.