Every business wants to be as successful as possible, but knowing where to start is not always easy.
For example, corporate performance management or CPM software is essential for businesses of all sizes.
However, with so many different options on the market, it can be hard to know which one is right for you.
This blog post will introduce you to the ten best corporate performance management software programs of 2023. With any of these options, you’ll be well on your way to improving your company’s performance.
What is Corporate Performance Management Software?
Performance management is a term used in organizations to describe the systematic process of measuring, analyzing, and improving the organization’s performance.
Corporate performance management software is a type of software that helps businesses improve their performance. Corporate performance management software can help companies track and analyze their data and set and track goals.
As a result, companies can use CPM ERP software to improve everything from their financial results to their customer service.
There are many different types of corporate performance management software programs on the market, each with unique features and benefits. However, not all of these programs are created equal.
To help you find the best corporate performance management software for your organization, we’ve compiled a list of the ten best corporate performance management software list of 2023.
List of the Ten Corporate Performance Management Software Vendors
1. Anaplan
Anaplan is a corporate performance management software that helps businesses improve their performance. This software can help companies track and analyze their data and set and track goals.
Key features
Anaplan is a cloud-based corporate performance management software that helps businesses make better decisions by providing a single view of their performance data. Some key features of Anaplan include:
- Real-time visibility into business intelligence performance
- Rapid deployment and easy user adoption
- A comprehensive suite of capabilities for financial planning, budgeting&forecasting, operational planning, sales planning, supply&demand planning
- A comprehensive suite of capabilities for sales insights, sales incentives
Pricing
The software offers three types of editions.
- Basic
- Professional
- Enterprise
You need to get a custom quote by giving your details to get the detail.
Likes
- It helps businesses to plan, budget, and forecast more accurately.
- It improves decision-making by providing timely and accurate insights into business performance management.
- It enables businesses to track and monitor KPIs in real-time.
- It allows for collaboration across different departments and teams.
- It is scalable and can be customized to fit the specific needs of a business.
- It is an easily customizable tool.
Dislikes
- It can be challenging to learn and use.
- The reporting capabilities are limited compared to other
- Advanced workflow features are not available
Other details
| Deployment | Cloud, SaaS, Web-Based |
| Supported languages | English |
| Support | Email/Help Desk, FAQs/Forum, 24/7 (Live Rep), Chat |
| Training | In-Person, Live Online, Webinars, Documentation |
| Customer ratings | Capterra: 4.5 out of 5 (23+reviews), G2: 4.6 out of 5 (266+reviews) |
Our opinion
The Anaplan software is an excellent option for those looking for a corporate performance management solution. It is an easy-to-use, responsive planning platform with many great features that can help businesses track and manage their performance.
Overall, the Anaplan software is an excellent choice for any business looking for a corporate performance management solution.
2. OneStream
OneStream Software is a top-rated corporate performance management solution that helps businesses optimize performance and achieve goals. In addition, it allows businesses to manage their finances and operations more effectively.
Key features
OneStream software provides the following key features:
- Real-time performance management and analysis
- Drill down into data to uncover insights
- Comprehensive reporting and visualization
- Planning, budgeting & forecasting
Pricing
The vendor has not disclosed the pricing publicly. For details, contact OneStream directly.
Likes
- It provides a single platform for all financial data, including budgeting, forecasting, consolidations, reporting, and compliance.
- It provides real-time visibility into financial performance across the organization.
- Improves decision-making with access to accurate and timely information
- Reduces complexity and costs associated with managing multiple disparate systems.
Dislikes
- Using the dashboard is not so easy.
- Automation needs to be improved.
- It does not work like excel.
Other details
| Deployment | Cloud, SaaS, Web-Based |
| Supported device | Mac, Windows, On-Promise Linux, Android, iPhone, iPad |
| Support | Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, 24/7 (Live Rep) |
| Training | In-Person, Live Online, Webinars, Documentation, Videos |
| Customer ratings | Capterra: 4.8 out of 5 (71+reviews), G2: 4.4 out of 5 (34+reviews) |
Our opinion
OneStream Software is an excellent choice for corporate performance management. It’s easy to use and can be customized to meet your organization’s specific needs.
It also has a robust reporting feature that makes it easy to track progress and identify areas for improvement.
3. Planful
Planful is a cloud-based software that helps businesses to manage their performance. It allows users to create and track goals, tasks, and project management. The software also provides users with insights and analytics to help them improve their performance. Planful is a great tool for businesses of all sizes.
Key features
- Create and track goals, tasks, and projects
- Planning, budgeting, and forecasting
- Provide insights and analytics to enhance performance
- Consolidates financial data from multiple sources into one central system
- Financial reporting helps to deliver financial insights across the organization
Pricing
The vendor has not provided the pricing details. You need to contact the vendor to get it.
Likes
- Comprehensive reporting and analysis capabilities: Planful software provides powerful reporting and analysis capabilities that help organizations track their performance against targets and goals.
- Ease of use: Planful software is easy to use, with a user-friendly interface that makes it simple to navigate and use the various features and functions.
- Flexibility: Planful software is highly flexible, allowing organizations to customize it to meet their specific needs and requirements.
Dislikes
- Sometimes data drops from WFP, and you must reprocess the things to get data.
- Planning will be complicated for small companies.
- You can access the software only with a good internet connection.
Other details
| Deployment | Cloud, SaaS, Web-Based |
| Supported device | Mac, Windows |
| Support | Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, Chat |
| Training | Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, Chat |
| Customer ratings | Capterra: 4.3 out of 5 (44+reviews), G2: 4.3 out of 5 (362+reviews) |
Our opinion
Planful software is an excellent choice for businesses looking for corporate performance management solutions. The company’s software is easy to use and helps businesses track their performance against specific goals.
Planful software also offers excellent customer support, which is essential for any business looking to implement corporate performance management software.
4. Prophix
Prophix is a corporate performance management software that helps organizations improve their performance through better decision-making.
It does this by providing visibility and insight into financial and operational data. That allows businesses to see how they perform against their goals and make changes where necessary.
Key features
- Easily creates and manages the company’s budget.
- Get real-time insights into the company’s spending and performance.
- Make better decisions with actionable data visualizations.
- Access the account from anywhere, on any device.
- Monitors and improves the company’s performance with reports and analytics.
- Quickly and easily consolidate financial data from multiple entities.
Pricing
It does not provide pricing details on its website. Contact the vendor for accurate information.
Likes
- It is effortless to use, making it perfect for organizations of all sizes.
- The generation of data modules is easy and flexible.
- It has many features that can help companies track and analyze their performance. That makes it an excellent choice for organizations that want to improve their performance.
Dislikes
- Reporting is not inherent, and it is difficult to make changes in reports.
- Average customer service.
- The software works slowly when more people use it at a time.
Other details
| Deployment | Cloud, SaaS, Web-Based |
| Supported device | Mac, Windows, On-Promise Linux, Android, iPhone, iPad |
| Supported languages | Danish, German, English, French, Polish, Portuguese, Russian |
| Support | Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, 24/7 (Live Rep), Chat |
| Training | In-person, Live Online, Webinars, Documentation |
| Customer ratings | Capterra: 4.6 out of 5 (77+reviews), G2: 4.4 out of 5 (153+reviews) |
Our opinion
We think Prophix software is an excellent option for corporate performance management. It has a wide variety of features that can help companies track and analyze their performance and is very easy to use. This makes it a great choice for organizations of all sizes.
5. Vena
Vena software is an excellent choice for organizations that want to improve their performance. It has a wide range of features that can help companies track and analyze their performance and is very easy to use. That makes it perfect for organizations of all sizes.
Key features
Vena software is the most comprehensive and user-friendly corporate performance management software on the market. It offers a wide range of features to help businesses track and analyze their performance, including:
- Financial reporting: Easily create accurate financial statements and reports based on your data.
- Financial planning and analysis: Model different scenarios and plan for the future with powerful financial analysis tools.
- Budgeting and forecasting: Create accurate budgets and forecasts to help make informed decisions.
- Financial close management: Streamline and automate the close financial process with ease.
- Agile planning and reporting: Quickly adapt to changes with Vena’s flexible planning and reporting capabilities.
Pricing
Pricing details are not available publicly. Contact vena to get more details about vena pricing.
Our opinion
We believe Vena Software is a great option for corporate performance management. Their software is easy to use and navigate, and the team at Vena is always available to help with any questions or concerns.
Additionally, their software is constantly updated with the latest features and functionality, so businesses can be confident that they are getting the most out of their investment.
Likes
- Implementation of the software takes less time
- Easy user-interface
- Automated day-to-day processes like reporting, budgeting, and forecasting
Dislikes
- While implementing the software, you need to have at least one experienced hand in the organization for easy implementation.
- It takes more time to load lengthy reports.
Other details
| Deployment | Cloud, SaaS, Web-Based |
| Supported device | Mac, Windows, On-Promise Linux |
| Supported languages | German, English, French, Italian, Dutch, Portuguese, Russian, Spanish, Ukrainian |
| Support | Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, 24/7 (Live Rep), Chat |
| Training | In-Person, Live Online, Webinars, Documentation, Videos |
| Customer ratings | Capterra: 4.1 out of 5 (21+reviews), G2: 4.5 out of 5 (175+reviews) |
6. Cascade
Cascade software is useful for strategic planning and execution to align and accelerate teams. It helps teams to view essential results from their strategy.
Key features
- Plans
- Project and Goals
- Dashboards and Reports
- KPIs and OKRs
- Cascade maps
Pricing
It offers three plans.
- Free team: This is entirely free forever (only upto 4 users)
- Premium: It charges $24 per user (Billed Annually), $29 per user (Billed monthly)
- Enterprise: To get its pricing details, you need to contact the vendor and ask for a quote.
Likes
- It helps to spot risk easily.
- It Helps in making proactive decisions.
- It Can easily demonstrate progress.
- It is a shareable strategy that gives direction and holds people accountable.
- It solves all difficulties in tracking our goals and objectives.
Dislikes
- There happen framework breakdowns often.
- There are Lags found on snapshots reports and dashboards.
- There are issues with dropping and dragging goals.
- It provides Less support for ideation around how to meet objectives.
- There are fewer chances that software can be used in different other languages.
Other details
| Deployment | Cloud, SaaS, Web-Based |
| Supported device | Mobile – iPhone, Mobile – iPad |
| Support | Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, 24/7 (Live Rep), Chat |
| Training | In-Person, Live Online, Webinars, Documentation, Videos |
| Supported languages | English |
| Customer reviews | Capterra: 4.9(out of 27+ reviews), g2: 4.8( out of 183+ reviews) |
Our opinion
The software is popular for its strategic planning platform. It makes your life easier by connecting objectives, projects, KPIs, and OKRs. You can see Gantt’s view of your plan. Allows all employees, teams, and departments to work together under the same strategy.
7. Datarails
The software automates financial reporting and planning; it produces financial reports with real-time figures from your database numbers. This is a financial planning and analysis platform that reduces human error and manual work.
Key features
- Consolidation
- Data visualization
- Financial reporting and monthly close
- Planning, budgeting, and forecasting
Pricing
Pricing details are not available. You need to contact the vendor directly.
Likes
- It provides flexibility in data visualization
- It is easy to communicate and understand its visual representation
- It Supports in implementation
- Provides Excellent assistance
- It helps in automating and assembling information.
- It helps to track audits and automated consolidation of data.
Dislikes
- It provides fewer online learning materials.
- there found Limitations in recently released systems
- Less use of drill-down functions
- The Refreshing calculations are slow
- There are very few view options when graphs turn to charts)
- Less chart flexibility
Other details
| Deployment | Cloud, SaaS, Web-Based |
| Supported device | Windows |
| Support | Email/Help Desk, Knowledge Base, Phone Support, Chat |
| Training | In-Person, Live Online, Webinars, Documentation, Videos |
| Supported languages | English |
| Customer reviews | Capterra: 4.8 out of 5 (38+ reviews), g2: 4.7 out of 5 (37+ reviews) |
Our opinion
It is a powerful CPM platform that allows you to save time with automated consolidation and reporting. It provides an intuitive dashboard and visualization. The software allows its customers to customize their pricing packages as per their requirements. There is no cost for reports and PowerPoint presentations.
8. LucaNet
Lucanet is a trustworthy, error-free financial consolidation, planning, and reporting software provider. This software delivers data transparency across the entire organization.
It has been designed to match the exact requirements of finance groups. The software effectively provides accurate and consistent information with user-friendly interfaces and a fast implementation approach.
Key features
- Budgeting
- Forecasting
- Planning
- Custom reporting
- Group Controlling
Pricing
Three plans have been declared, basic, advanced, and professional.
They are not provided pricing; contact the vendor for pricing.
Likes
- It is an Easy adapting tool for reporting and planning
- It Helps in financial analysis and consolidating data
- It is very user-friendly and gives data security
- It is very easy to learn (it is a Stable and smooth tool to use)
- It Helps in the next level of reporting process)
Dislikes
- Reporting functions are not perfect, and it is less transparent
- Lack of workflow
- Slow-moving product development
- The complexity of deconsolidation is observed.
Other details
| Deployment | Cloud, SaaS, Web-Based |
| Supported device | Desktop – Mac, Desktop – Windows, On-Premise – Windows, On-Premise – Linux |
| Support | Email/Help Desk, FAQs/Forum, Knowledge Base, Chat |
| Training | In-Person, Live Online, Webinars, Documentation, Videos |
| Supported languages | German, English, French, Dutch, Russian, Spanish, and Chinese |
| Customer reviews | Capterra: 4.6 out of 5 (75+ reviews), g2: 4.8 out of 5 (57+ reviews) |
Our opinion
The software is an all-in-one solution allowing users to create valid financial data for audit-proof consolidated financial statements. However, some users claim that its reporting feature is not so perfect.
9. Clockwork
This software gives real-time CFO-level insights to save the difficulty in manual dealings with finances and cash flow.
It is uniquely positioned to win the market, balancing ease of use with a comprehensive view of a company’s financials.
Key features
- Create multiple scenarios
- Error-proof formulas
- Weekly cash flow forecast
- Forecast revenue and expenses
- Financial command center
Pricing
It offers three plans.
- Insight: This plan provides a monthly package of $199
- An annual package of $159
- Predict: This plan provides a monthly package of $499
- Annual package of $399
- Startup: This plan ought to talk to the team and says 50% off for annual and monthly pricing plan, in yearly and monthly pricing.
Likes
- It enables a comprehensive financial management system
- User friendly
- It is a convenient, effective tool for FP&A forecasting
- Easy to understand the cash flow
- Supports new growing companies
- Best automated CFO software
- Helps to develop forecasts for next year
- Develops a cash forecast
Dislikes
- There is Less ability to forecasts more statements.
- Slow decision-making is observed
- Often glitches in the running software
- Less ability to make account assumptions
- Inability to make multiple accounts
- Inability to merge multi-company data without manual effort
Other details
| Deployment | Cloud, SaaS, Web-Based |
| Supported device | Desktop – Mac, Desktop – Windows, On-Premise – Windows, On-Premise – Linux |
| Support | Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, 24/7 (Live Rep), Chat |
| Training | Live Online, Webinars, Documentation, Videos |
| Supported languages | English |
| Customer reviews | Capterra: 4.9 out of 5 (12+ reviews), g2: 4.8 out of 5 (19+ reviews) |
Our opinion
The software offers AI-powered projections and cash flow forecasts. The dashboard provides real-time insights into business performance. Even if you don’t have experience in finance, you can model everything.
10. LiveFlow
It is software that helps in financial reporting without any manual effort. This software builds live financial dashboards while keeping the flexibility of google sheets. Provides clean, correct, up-to-date, and perfectly organized data.
Key features
- Drill down
- Automatic refresh
- Live financial models
- Reports
- Consolidation
- Plug-and-play templates
Pricing
The pricing details are not provided by the vendor.
Likes
- It is the Best tool for finance professionals
- It is an essential tool for CAS firms
- It is the Best reporting tool
- It Helps with QuickBooks reporting
- It is an actual Time saver)
- It consumes Less human effort
- It Helps in updating data easily
Dislikes
- Specific reports and layout options are not available
- You can do limited work in google spreadsheets.
- Proficiency needed in optimizing the use of software
- Limitations in using live-flow
- Lack of integrations
- Does not provide accurate data
Other details
| Deployment | Cloud, SaaS, Web-Based |
| Support | Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, 24/7 (Live Rep), Chat |
| Customer reviews | Capterra: 5.0 out of 5 (17+ reviews), g2: 4.9 out of 5 (49+ reviews) |
Our opinion
Overall the software is good for financial management and is known for its comprehensive financial reporting without manual entry.
The software provides live client dashboards, and it consolidates multiple entities automatically.
FAQs
What are some things to look for in a CPM software solution?
When choosing a corporate performance management software solution, it is essential to consider your specific needs and business goals.
Additionally, it would help if you looked for a solution that is easy to use and provides the required features and functionality. Furthermore, ensuring that the vendor offers good customer support if you have any questions or problems is essential.
What are some benefits of using CPM software?
CPM software has many benefits, including Improved decision making, better visibility into business performance, more efficient and effective operations, increased profitability, and faster and more accurate financial reporting.
Conclusion
The corporate performance management software market is growing and changing rapidly. It can be challenging to keep up with the changes and know which product is the best for your company.
This article lists the best corporate performance management software products available and describes what each does. This should help you make an informed decision about which product is right for your company.
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