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Performance Chain is the new management tool that brings unprecedented analytical power to the performance management process.

 

Your goal is to optimize performance. Optimization can only be achieved by successfully analyzing, planning, and evaluating enterprise performance.

 

More than an analytical tool, Performance Chaintransforms the performance management process and optimizes each of these three key steps.

 

The Features

span style='font:7.0pt "Times New Roman         Analyze

span style='font:7.0pt "Times New Roman         Plan

span style='font:7.0pt "Times New Roman         Perform

 

The Benefits

span style='font:7.0pt "Times New Roman         Easy to Use

span style='font:7.0pt "Times New Roman         Easy to Implement and Maintain

span style='font:7.0pt "Times New Roman         Effective

 

 

Analyze

 

The foundation of performance management is the analysis of current and past performance. The purpose of analysis is to determine current performance levels and identify optimal achievable performance levels. Analysis requires proper analytical modeling techniques.

 

Performance Chainbrings the power of time series analysis to the desktop of every manager. The sophisticated analytics are hidden behind a user-friendly graphical interface, allowing even nontechnical managers to analyze and understand the complex information they must use to manage performance. Get meaningful analysis - such as true marginal rates - at the touch of a button.

 

Analysis Details...

 

Plan

 

Planning identifies how optimal performance levels will be achieved. Using the results of the analytical models, managers develop realistic initiatives and forecast their impact on the performance gap.

 

Performance Chainmakes forecasting a snap. All systematic, repeating factors (such as seasonality) are automatically forecast. The models make default forecasts based on current levels and trends. Managers modify forecasts using charts and controls - no calculating, no typing. Historic performance is shown for context, and all forecast assumptions are explicit and explained, making review and evaluation of forecasts simple and reliable.

 

Planning Details...

 

Perform

 

As plans are implemented, performance is evaluated and compared to plan. Managers are motivated to perform, and plans are evaluated and adjusted in response.

 

Performance Chainprovides unique variance analysis, allowing managers to determine as quickly as possible if performance is on track. Managers can revise their forecasts while reviewing results, making reforecasting so fast you approach continuous planning. No more tedious, endless planning cycles - just monitor and respond. Reforecast or modify plans whenever the need arises; no need to wait for next year's planning cycle.

 

Performance Evaluation Details...

 

 

The same design qualities that produced these analytic features make Performance Chain a practical application for use throughout the enterprise. It was designed to achieve these key goals:

 

Easy to Use

 

Despite using the most powerful analytical techniques available, Performance Chainis simple enough to use that it is appropriate for managers at any level, from the CEO and CFO to the branch or department manager. It emphasizes charts, not tables, so there are no huge tables of numbers to search through for important data. Its sophisticated models do the hard work, leaving the simplest possible amount of effort for the manager. It has a simple, intuitive interface with no complex and confusing menus and processes. One button forecasting speeds entry and eliminates input error. Managers won't miss information or make mental mistakes.

 

Easy to Implement and Maintain

 

Performance Chainis engineered to be easily configured for any industry and any functional area. Its analytical modules function independently of the information being analyzed, eliminating the need for complex custom coding and configuration. At the same time, its generic structure allows you to specify accounts, terminology, and data characteristics unique to your industry and company. It easily accommodates rolling forecasts, eliminating time-consuming annual updates. Performance Chainworks with your existing database and reporting investments, eliminating major expenses, delays, and IT requirements. Implementation is fast, reliable, and low-risk, and maintenance is minimal.

 

Effective

 

Most importantly, Performance Chainis the most effective performance management solution available. It does not simplify or compromise on analytics. It provides meaningful, actionable, bottom-line analysis that results in effective management performance. Analysis is customized for each manager and function, and forecasts are linked between functional areas, ensuring that all managers see and work with the information they need to succeed. Performance Chaindoesn't use technology for technology's sake - it uses technology to solve real business problems as seen from the perspective of operational and financial managers. It is designed by business people for business people - with your needs in mind.

 

 

Contact us today to find out how Performance Chain can transform performance management at your company.

 

 

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