Enterprise Performance Management Practice Exam
- Test Code:1709-P
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Enterprise Performance Management Practice Exam
About Enterprise Performance Management
Enterprise Performance Management (EPM) software helps you analyze, understand, and report on your business.
EPM refers to the processes designed to help organizations plan, budget, forecast, and report on business performance as well as consolidate and finalize financial results (often referred to as “closing the books”). EPM solutions are primarily used by CFOs and the office of finance, while other functional areas, such as HR, sales, marketing, and IT, use EPM for operational planning, budgeting, and reporting.
While often tied to enterprise resource planning (ERP) systems, EPM software complements ERP by providing management insights in addition to top of operational data. In other words, ERP is about operating the business—the day-to-day transactional activity—and EPM is about managing the business—analyzing, understanding, and reporting on the business.
Why is Enterprise Performance Management important?
EPM can help an organization better manage its business by connecting financial and operational metrics to provide comprehension and understanding to push strategies and plans for the future, thus optimizing overall performance within the organization.
EPM benefits to companies are
• Improved focus on cost & profitability
• Simplified analysis and financial reporting -
• Enhanced Enterprise Data Management and governance
• Centralizing finance processes for a self-service end-user experience
• Streamline account reconciliation
• Drive accurate and agile integrated plans
• Manage and drive profitability
• Align tax reporting with corporate financial reporting
• Satisfy all your reporting requirements
• Manage change with enterprise data management
Who should take the Enterprise Performance Management Exam?
• Senior professionals
• Business owners
• Entrepreneurs
• Innovators
• Anyone who wants to improve their management skills
• Anyone who wants to learn how to effectively manage an individual or team's performance
• Anyone looking to boost engagement and their work culture
• Anyone looking to become a stronger leader
• Managers and senior executives
• Consultants
• Anyone interested in performance management
Knowledge and Skills required for the Enterprise Performance Management
Specific skills are needed to excel in career of enterprise performance management which includes analytical bent of mind and quick learning skills.
Enterprise Performance Management Practice Exam Objectives
Enterprise Performance Management exam focuses on assessing your skills and knowledge in profitability and cost management.
Enterprise Performance Management Practice Exam Pre-requisite
There are no prerequisites for the Enterprise Performance Management exam. Candidates who are well versed in basic management can easily clear the exam.
Enterprise Performance Management Certification Course Outline
1. Organizational Strategy
2. Organizational Structure
3. Operational Process
4. Performance Management Frameworks
5. Employee Assessment Systems
6. Profitability and Cost Management
7. Enterprise Data Management
8. Quality Management
9. Leadership
Exam Format and Information
Certification name – Enterprise Performance Management Certification
Exam duration – 60 minutes
Exam type - Multiple Choice Questions
Eligibility / pre-requisite - None
Exam language - English
Exam format - Online
Passing score - 25
Exam Fees - INR 1199