Enterprise StrategyWare (Balanced Scorecard Product)
is an innovative approach of aligning business activities
to the strategy and to scrutinize performance of
strategic goals, over a period of time empirically.
As the marketplace changes and evolves, so too do
the responsibilities of the financial manager. Once
considered scorekeepers of past performance, today's
CFOs and CEOs are charged with the strategic implementation
of the corporate mission. It is not enough to look
backward and explain what has happened; they now
require the skills to strategize and shape the future.
Senior financial managers must be prepared to design
management control systems that forecast future
financial performance, seize new opportunities,
minimize risk, and drive strategic change. They
are expected to accomplish all this without hindering
their company's flexibility, innovation, and creativity.
Developed by Harvard Business School faculty members
who have pioneered leading-edge concepts in financial
management, Driving Corporate Performance: From
Scorekeeping to Strategy examines innovative financial
approaches that strengthen the measurement, communication,
and implementation of strategic plans. Participants
develop a deeper understanding of a company's economics—from
markets and competition to financial performance
and strategy. Most important, they leave the program
prepared to leverage their organization's financial
position for maximum corporate gain.
Sarbanes Oxley Act requires company's annual reports
to contain an internal control report, stating the
responsibilities of the company to maintain adequate
internal controls for financial reporting and assessment
of controls. ESWare enables the Corporate to monitor
the internal business processes, thereby ensuring
adequate controls over the functioning and financial
aspects of the company.
Companies across the Globe have implemented various
Software's and have been getting information through
such sources such as ERP, CRM, Internet, Extranet,
Corporate Information portals Security systems etc
but more often than not they find the information
flow are apparently unconnected and are not made
best use off.
Every company operates on
four pillars:
Huge investments are made on these ERPs by various
organizations but they later find the Return on
these investments are not forth coming.
This is where the need for Business
Activity Management is felt.
ESWare- Balanced scorecard is a Business Activity
Management (BAM) tool that enables the corporate
to improve its performance in all the critical areas.
Enterprise StrategyWare enables you to track strategy
execution by monitoring specific strategic objectives
and measures that need to be achieved for realizing
the overall strategic goals based on the perspective.
This facilitates development and deployment of an
action-oriented framework for managing your strategy
execution.
EnterpriseStrategyWare facilitates generation of
cause and effect diagrams on the fly called “Strategy
Maps ”.Strategy Map” helps to narrow
down the source of problems – by following
the trail of the strategy map. You can monitor Key
performance Indicators of your business and their
effect on the objectives such as Sales, Gross Margin,
Customer Satisfaction, and other metrics
ESWare Key Features
Strategic Planner
The Strategic Planner comprises of the following
components central server
Strategy
Score Card
Strategic Maps
Key Performance Indicators
Action Planning & Initiatives
Documents
Integration
EnterpriseStrategyWare is easily integrated with
your existing applications to compare targeted
performance with actual results for performance
measurement and analysis. In addition, you may
load historical information to get a more accurate
assessment of the company's performance. The Data
Wizard Manager provides the administrator with
multiple options for loading and accessing data.
The ongoing input of measurement data is either
done by integrating to the ERP system, which automatically
loads the performance information into the system,
or by manual input to the system.
Dashboard
The Dashboard provided on the Share point Portal
gives the following information
Hierarchical Scorecard
Report, Analyze & Benchmark Performance
Basic View, Detail View, Tree View of Scorecard
Performance Graphs & Cause-effect Analysis
Role based scorecard
Demo
Presentation
Brochure
|