CPM Technology Value Matrix 2024
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The breadth of functionality has been a critical differentiator in the Corporate Performance Management (CPM) market. CPM can now include but is not limited to budgeting, planning, integrated business planning, financial consolidation, account reconciliation, tax management, treasury management, reporting, and analytics capabilities. Analytics has been a critical development area to complement forward-looking planning tools. Vendors either develop tools internally, build connectors, or embed third-party analytic solutions. GenAI hype has overtaken the CPM market. Early use cases have hit the market, primarily in automating narrative reporting. Users can use GenAI to provide context on specific line items and visualizations to accelerate the creation of management and board reports.
For a detailed description of the Value Matrix methodology: Understanding the Value Matrix
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