Business Intelligence is the process and software tools used to analyze performance results, and the insight and knowledge gained to guide management and workforce performance behaviors, activities and initiatives.
As documented by major analyst firms, emerging challenges with off-the-shelf business intelligence software include fragmentation of data collection and analysis, and no direct linkage to performance management and incentive compensation, resulting in a dis-integration of strategy execution.
The reason is that fragmented business intelligence alone results in passive outcomes: performance changes and behavior modifications are rarely executed. To be relevant and effective, business intelligence needs to natively link to performance management and employee incentive calculation capabilities.
StrategixEPM™ provides that functionality, and enables robust Business Intelligence by making it:
Actionable: Links consolidated data with performance analysis and incentive plan results
Faster: Real-time, same-day, next-day results, via enterprise-wide on-line reports
Precise: Drill-down to individual employee performance results, roll-up to full hierarchy results
Strategix EPM™ delivers fully-customizable individual employee and business unit automated Performance Scorecards, dynamically linked to unlimited back-office source data systems, provides real-time integration of staff-level performance activity execution with manager-level performance assessment, evaluation, coaching, and planning. And, includes a full range of graphic and “executive dashboard” reporting.
Strategix EPM™ Business Intelligence capabilities include:
Comprehensive Performance Source Data Integration – Data Feeds and Data Flows
Exception Data Resolution Management
Metrics and Key Performance Indicator (KPI) Management
