Top 5 Corporate Performance Management Software Of 2023

Any gardening lovers in the house?

Well, gardening is indeed a hobby that requires a lot of patience and a keen eye for every little step involved – right from sowing seeds to watering to putting fertilizers and whatnot!

You know what, corporate performance management is pretty similar to gardening! Wow, the thought itself sounds intriguing, doesn't it? To begin with, corporate performance management requires nurturing and attention, like gardening. You start by preparing the soil, akin to defining your goals and strategies. Pretty similar to gardening, corporate performance management has methodologies, metrics, processes and systems to monitor and manage the outcomes and performance. Just as gardening requires the right set of tools, managing corporate performance calls for having the right Corporate Performance Management Software at your disposal.

Just like gardening tools (like a rake, garden fork, and watering can) help you with digging the soil, sowing, watering the plants, etc. - Corporate Performance Management Software helps businesses with creating and implementing methodologies and processes, allowing them to track key performance indicators (KPIs) related to business objectives. 

All said and done now let's dig in and find out the top 5 Corporate Performance Management (CPM) Software of 2023 – their providers, benefits and what you'll love about them!

Top 5 Corporate Performance Management Software Of 2023

Corporate Performance Management (CPM) Software revolutionizes how organizations track, analyze and manage their performance. It establishes performance metrics, tracks key performance indicators and facilitates performance reviews and feedback to enhance productivity and drive growth. Now let's look at the top 5 Corporate Performance Management Software of 2023.
 

Workday Adaptive Planning	Board	AchieveIt
Mosaic Tech	OneStream

 

Tool 1: Workday Adaptive Planning

Let us introduce you to Workday, Inc., an American software vendor that specializes in on-demand financial management, human capital management and student information systems. They've been in the business since 2005 and their headquarters are right in the heart of sunny California. What's even more impressive is that Workday has claimed the top spot in customer satisfaction according to renowned market analysts like Gartner, Forrester and BPM Partners.


That's not all. Its game-changing Corporate Performance Management Software, Workday Adaptive Planning, takes enterprise planning and analysis to a whole new level. It helps people gain valuable insights, collaborate seamlessly and make smarter decisions at lightning speed. No matter the size of your organization, Workday Adaptive Planning provides powerful modeling and analytics that anyone can master. It is designed to be intuitive and user-friendly, making planning a breeze for everyone involved.

With the help of this software, businesses of all sizes can navigate the ever-changing world and adapt to shifting business conditions with confidence and agility. So, say goodbye to uncertainty and give a green thumb to a future where you can plan with certainty and make informed decisions.

What You'll Love: Basic reporting, Collaboration capabilities, Integration APIs provided, Pre-existing templates, User-friendly interface.

Tool 2: Board

Make some noise for Board International, a Swiss-based company that offers cutting-edge Corporate Performance Management Software. With a rich history dating back to 1994, Board International has established itself as a leading planning software vendor, delivering innovative solutions to businesses worldwide. In fact, it has earned the prestigious position of being in the Leader quadrant for the sixth consecutive year in Nucleus' annual report on the Corporate Performance Management Software marketplace. By leveraging this platform, over 2,000 global enterprises, including H&M, BASF, Burberry, Toyota, Coca-Cola, KPMG and HSBC have gained a grip on their corporate performance.


Board International's CPM Software Board is revolutionizing how companies plan for success. What sets Board apart is its ability to provide comprehensive planning applications that make it a greenhouse to the specific needs of these organizations, all within a fraction of the time and cost traditionally associated with such solutions.

With Board's user-friendly interface, enterprises and even small businesses can gain access to crucial insights that drive informed business decisions. By unifying strategies, financial decisions and operational insights, companies can plan smarter and achieve complete performance control across their entire organization. How cool is that!

What You'll Love: Advanced analytical capabilities, Workflow automation, Easy to use, Flexible pricing, Outstanding performance.

Tool 3: AchieveIt

Does managing your business plans feel like a never-ending game of chasing people for updates and wrestling with spreadsheets? That's where AchieveIt comes in. This US-based company has been helping organizations bring their most significant and most crucial initiatives out of the boardroom and into reality since 2010. Trusted by prestigious names like the US Air Force, Fulton County, NASA and Advent Health, AchieveIt is the go-to solution for strategy leaders looking to make a real impact!


With AchieveIt, you can say goodbye to the limitations of manual processes and disconnected systems. These outdated methods hinder visibility, accountability and overall results, contributing to a staggering 70% failure rate for critical plans. By using AchieveIt, strategy leaders gain the power to connect, monitor and execute their most important plans and initiatives.

This innovative CPM Software improves visibility, increases accountability and fosters collaboration among teams. Whether you're a global organization, a regional healthcare system, or a government agency, AchieveIt doesn't leaf your goals unattended and helps you with managing your essential plans and initiatives.

What You'll Love: Customization possible, Prompt customer service, User-friendly interface, Budget friendly, Pre-existing templates.

Tool 4: Mosaic Tech

Imagine having access to predictive reporting capabilities that empower your team to make informed decisions in real-time. That's what Mosaic offers exactly. Established in 2019 and founded by three finance leaders who were frustrated with the slow and complex tools available in the market, Mosaic Tech was born out of a desire to revolutionize overall corporate performance management.  Now it has quickly become a leader in its field and is recognized with prestigious awards, such as Leader (Spring) - 2023, Best Relationship (Spring) - 2023 and Best Results (Mid-market) - 2023 by G2. Mosaic Tech is trusted by fastest growing brands such as Dooly, Emerge, Fivetran, Sourcegraph, Legion, etc.


Mosaic Tech stands out as the first strategic finance platform designed for agile planning and better decision-making. By seamlessly consolidating data from various systems like ERP (enterprise resource planning), CRM (customer relationship management), HRIS (human resource information system) and billing, Mosaic Tech provides a unified, cross-functional corporate performance management that serves as a reliable source of truth for your entire organization.

Moreover, Mosaic Tech helps you with setting goals and tracking performance. It further helps you to trim away siloes and cultivate a process so teams can work together to model the most efficient initiatives – making your path to investments clear. The best part is, with the help of Mosaic Tech you can perform variance analysis by comparing plans versus actual results!

What You'll Love: Comprehensive dashboard, Value for money, 24X7 Support, Hassle-free implementation, Suitable for enterprises.

Tool 5: OneStream

Imagine celebrating not just one but two major milestones in a single year! In 2022, OneStream had plenty to cheer about as it marked its 10th anniversary and reached a remarkable milestone of acquiring its 1000th customer. OneStream has a global presence in over 35 countries, spreading its financial expertise across North America, South America, EMEA (Europe, Middle East and Africa) and APAC (Asia-Pacific). Impressive, right? No wonder OneStream was recognized as the Gartner Peer Insights Customer Choice for Financial Planning Software in May 2023. Besides, reputed names such as General Dynamics, News Corp, KLM, Toyota have invested their trust in OneStream.


OneStream is a remarkable tool for simplifying complex financial operations and combining various corporate performance management processes. From planning and financial close and consolidation to reporting and analytics, OneStream does it all. It also strengthens the roots of financial and operational insights, empowering organizations to make faster, well-informed decisions.

The best part? Well, OneStream is designed to constantly evolve and scale alongside your organization. It's a CPM Software that modernizes financial processes, replaces multiple legacy applications and reduces the total cost of ownership. It eventually equips your team to spend less time on data integration and system maintenance and invest more time in driving business performance.

What You'll Love: Basic reporting, Pre-existing templates, Collaboration capabilities, Allows cross-platform integrations, Advance data security.

It's A Wrap!

Corporate Performance Management (CPM) Software is a powerful tool that enables organizations to enhance performance and achieve strategic objectives. This software empowers businesses to effectively plan, monitor and analyze their activities, providing valuable insights for decision-making. With CPM Software, companies can align their resources, set clear goals and track key performance indicators (KPIs) to measure progress. By leveraging data-driven insights, CPM Software enables businesses to make informed decisions, optimize processes and drive continuous improvement. It is a vital tool in achieving operational excellence and maximizing overall performance!

So, what are you waiting for? Welcome Corporate Performance Management Software and let your business thrive in full bloom!