Many organizations implement performance-management applications in the context of planning and budgeting. But real breakthroughs result from establishing a closed-loop approach to performance management that encompasses not only budgeting, but also scorecards and cost management.

Using this approach, managers can rapidly complete their budgets while aligning capacity throughout their organization's operational departments. This approach also lets managers re-forecast more quickly and more accurately, which ensures that the overall organization maintains the agility it needs to cope with uncertainty. In addition, closed-loop performance management bolsters an organization's efforts to optimize its expense base, maximize profitability and sustain long-term shareholder value.

During this Webcast, you will learn:

• Why organizations should consider a holistic approach when they implement performance-management applications
  
  
• How organizations are going about this approach — and the benefits they are achieving as a result
  
  
• What return on investment you can expect from closed-loop performance management
  
  
• How SAP BusinessObjects enterprise performance management (EPM) solutions enable closed-loop performance management