Business performance management is the process of analyzing and aligning you strategy, planning, and finance in a closed loop system that allows you to analyze your business and feed back results so you can gain continuous improvement in your overall business goals. The key to performance management is the identification of the drivers that feed your business. Most of the drivers are cost related and tend to be tied to activities at a process level. Since the number of drivers varies from business to business and the endless loops are difficult to manage, many companies are turning to business performance management software products to help analyze and control these factors.

Businesses are also complex and a single software product is normally not sufficient to handle all aspects of managing large corporate processes. Many performance management software providers will analyze your business processes and suggest the right combination of integrated packages to meet your specific goals.