Enterprise Performance Management

What Does Enterprise Performance Management Mean?

Enterprise Performance Management (EPM) is a type of business planning that relates to business intelligence (BI), which involves evaluating and managing performance for an enterprise to reach performance goals, enhance efficiency or maximize business processes.

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EPM is also known as Corporate Performance Management (CPM) or Business Performance Management (BPM). However, some experts consider EPM a BPM subset.

Techopedia Explains Enterprise Performance Management

EPM also relates to Enterprise Resource Planning (ERP), which involves reviewing available enterprise resources and determining how those resources are used to reach certain business goals. The business goals associated with ERP processes and EPM are often similar. For example, the use of staffing teams, new technologies or other existing resources may improve performance in a given set of business processes.

Those planning for EPM typically review performance metrics related to value and cost. For example, EPM may involve evaluating overhead costs and how those costs relate to performance goals. Those involved in an EPM process also may review return on investment (ROI). All of this information is used to determine how to optimize performance and create more profit or value for the enterprise.

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Margaret Rouse

Margaret Rouse is an award-winning technical writer and teacher known for her ability to explain complex technical subjects to a non-technical, business audience. Over the past twenty years her explanations have appeared on TechTarget websites and she's been cited as an authority in articles by the New York Times, Time Magazine, USA Today, ZDNet, PC Magazine and Discovery Magazine.Margaret's idea of a fun day is helping IT and business professionals learn to speak each other’s highly specialized languages. If you have a suggestion for a new definition or how to improve a technical explanation, please email Margaret or contact her…