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Comparing Corporate Performance Management and Business Intelligence
The difference between Business intelligence (BI) and Corporate Performance Management (CPM) can often become muddled and confusing for businesses looking to choose the right solution for their reporting. While both are very closely intertwined, understanding the differences and similarities between the two is important to choosing the correct option for your business. In this blog, we will help to clear up the confusion between BI and CPM by addressing the similarities and differences between these two systems. BI Business Intelligence describes the technology used to gather and analyze data relevant to an enterprise in order to improve business decision making. This includes ad-hoc queries, OLAP (on-line analytical processing), scorecards and searches. BI can also be used for many types of visualizations such as dashboards, scorecards, and KPIs. While BI is graphically-oriented, it goes beyond just displaying data. BI can also allow users to drill down into a chart or report […]
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