CPM Technology Value Matrix 2023

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External market factors have forced businesses to reassess their budgeting and planning strategies. With greater pressure to run lean finance teams, organizations are turning to Corporate Performance Management (CPM) technology to enhance their planning and forecasting capabilities. In addition to modern analytic capabilities that help businesses better manage budget variances and protect their cash positions, organizations also prioritize financial close and consolidation and account reconciliation functionality to drive value for accountants. With many buyers of CPM technology migrating off Microsoft Excel for FP&A and accounting processes, there remains plenty of greenfield opportunities for CPM vendors.