SERVICES
Business Intelligence & EPM
Unified Performance Management and BI / OBIEE Solutions designed the way your business works. We specialize in providing Oracle based Performance Solutions that allow companies to gain immediate and long-term benefits. These solutions allow companies to enhance business functions like: Consolidations, Budgeting, Forecasting, Planning, Reporting, Analytics that rely on centralized, timely and accurate data.
We'll streamline and empower your organizations Planning and Consolidation Processes with reliable, repeatable and auditable controls. Empowering Finance and the Controller's office to control their own destiny is our EPM teams focus.
Our valued added services spans the entire spectrum of solution delivery: Implementation Services, Training, Support, Expert Services, and Strategic Services.
We bring relevant design experience, the ability to facilitate knowledge transfer, and a lessons learned approach to maximize our customers ROI and Time to Value.
Performance management refers - how an organization leverages its assets (people, money and technology) to achieve short, medium and long-term strategic goals. Through an approach intended to improve value creation, performance management requires you to:
- Control cost without sacrificing future growth objectives: Given the nature of current incentives (meeting quarterly or annual targets), the challenge is to meet short-term targets while preserving strategic growth initiatives.
- Understand what drives cost and profit (or value): Without this understanding, managers are unlikely to allocate resources appropriately and know where to make improvements. At best, it may generate suboptimal results; at worst, it could inadvertently and irreparably destroy value.
- Improve agility: Organizations that can identify opportunities and threats more easily than their competitors, understand the implications, update strategy quickly and then execute that strategy consistently across the organization will be the winners.
- Identify and respond to environmental, social and economic risks and opportunities: A focus on the "triple bottom line" of people, profit and planet drives increased brand value through innovation, improves internal efficiencies and accountability, and engenders the loyalty of consumers, employees and other stakeholders.
Innovate Software Consulting Inc Ltd's innovative enterprise performance management (EPM) solution that unifies many Finance processes including budgeting, forecasting, financial consolidation, financial closures, reporting, and disclosure in a single solution.
Our unified performance management solutions are designed to address the varied needs of customers and users.
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Innovate Software Consulting Inc Ltd's EPM solution addresses multiple interrelated performance management processes including budgeting and forecasting, financial consolidation and close, and management and disclosure reporting. Many, but not all, of the processes we cover are listed below.
| Financial and Operational Planning Unify all of your budgeting processes and gain a strong understanding of the financial impact of business decisions across strategic, financial, and operational plans, which ensures a more complete view of performance across the business. |
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Consolidation and Close |
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Internal and management reporting |
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External reporting and compliance |
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Business Intelligence & Analytics |
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Different industries look at performance differently. Key performance indicators (KPIs), business drivers, and business processes can vary by company, industry or region. Innovate Software Consulting Inc Ltd can help meet the performance management demands and regulations specific to your industry, and support the unique needs of how you do business.
 Financial Services and Insurance |
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The benefits of a unified performance management solutions can differ based on your role in the organization. Check out the benefits that can be achieved at various levels and roles within your business.
| CEO |
Implementing, monitoring and managing a successful EPM strategy |
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CFO |
Linking financial measures with operational drivers across the enterprise |
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CIO |
Driving informed business decisions from a single EPM software and Business Intelligence solution |
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Controller/ |
Translating company strategy into finance processes and daily activities |
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Line of |
Automating financial and operational processes end-to-end to help you run your business while still meeting corporate requirements for budgeting, forecasting, reporting, consolidation, and more |
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Performance Management (PM):
Budgeting, Planning & Forecasting, Cash Flow Planning, Production Cost, Planning and Control,
Statutory and Management Consolidation, Cost Allocation & Profitability Analysis, Financial
Close & Fast Closing, Dashboard & Scorecard
Collaborative Disclosure Management (CDM):
10Q 10K, Multi-GAAP reporting (IAS, IFRS, US GAAP...), XBRL, Annual Reports, Management
reporting & Board Books
Enterprise Governance, Risk and Compliance (EGRC):
SOX, COSO, Basel II, Risk Assessment, Scoring & Mitigation, Internal Audit
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Production reporting, ad-hoc analysis, OLAP modeling and dashboards
Microsoft Office front end including Word, Excel and PowerPoint
Easy access to structured and unstructured information from multiple sources
Data sharing features that safeguard confidential information
Strong linkage between financial and operational data
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Pervasive workflow management throughout organization across multiple processes
Custom workflows to support accountability and decision-making
Better management of large, diverse, and international teams across large enterprises
Definition of distributed tasks (e.g. managing budgeting activities) with task lists and status
Sharing calendars and deadlines (e.g. for financial close and other monthly processes)
Managing multiple versions and scenarios with full workflow and approval control