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Enterprise StrategyWare -Balanced Score Card
 

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:

Supply Chain
Product Development
Sales and Marketing
Finance- Accounting, H.R., IT. and other enabling processes.

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

Click Here to View Enterprise StrategyWare Demo

Requirements:

1. Windows Media Player 7.1 and above - Download Latest media Player

2. TechSmith Screen Capture Codec (TSCC) - Download TSCC and Install

Presentation

Brochure