What is Adept Corporate Performance Management solution (APM)?
APM solution is a highly integrated and customisable consolidation, planning and business analytics solution that enables organisations to make more accurate and informed decisions through continuous reporting and responsive planning across key functional areas. It leverages on the power of IBM Analytics software such as IBM Planning Analytics (TM1), IBM Cognos Controller, IBM Cognos Analytics and IBM Envizi to bring corporate performance management to a higher level.
What are the key components in APM solution?
APM solution comprises of three integrated and customizable components that can be deployed individually or as a complete integrated solution.
In the financial consolidation component, group reporting structures, mapping tables and reports can be rapidly set up using Adept’s templates. This allows consolidated results to be made available in a timely and standardised fashion, allowing more time for office of Finance to analyse data instead of spending it on report preparation.
In the budgeting, planning and forecasting component, our standard and best practice models for staff cost, opex, overhead allocations and Capex/ depreciation planning can be deployed rapidly, thus allowing projects to be delivered faster and at a higher quality. All modules are fully integrated; this allows real-time aggregation of data across organisational entities and driver-based budgeting and planning. Organisations can then align their strategic and operational planning activities to achieve better outcomes.
The business analytics component integrates the components with “what-if” scenario modelling sub-modules to determine the “why” behind the data, as well as “how” to address challenges. Clients can then strategize in unity across functional groups such as Finance, Operations, Sales and Marketing.
How can APM solution help you?
APM solution engages stakeholders in key performance management processes and empowers them with the means to make informed decisions. It replaces slow and rigid business processes with highly responsive and efficient ones. This is possible through multiple modes of delivery such as web portals, client interfaces and Excel customised templates. Users can work in interfaces that they are familiar with to easily perform ad-hoc analysis and creating reports.
APM solution’s strength lies in its rapid implementation process. A project typically takes 3 to 5 months for an end-to-end design and delivery. This is attributed to the use of reusable objects, templates and models that can be rapidly deployed under the proven expertise of Adept’s consulting team.
Organisation structures and chart of accounts can be set up easily through intuitive templates. Objects in the APM solution are fully integrated to ensure metadata, data and business rules are shared across the solution.
At the same time, APM solution allows an organisation to customise parts of the components to meet their unique business requirements. For instance, an organisation may have several revenue streams that are driven by varying sets of drivers. APM solution is able to model each revenue stream separately, aggregating them to get Total Revenue, as well as integrating it to the P&L of the organisation.
APM solution has been successfully implemented for clients in banking, property development, REITs, hospitality and oil and gas industries.
For more information on the available modules in APM solution, please contact us.
