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Column5 and EPM International Announce Release of EPM StudyLONDON, April 26, 2017 /PRNewswire/ -- Column5 Consulting announces the release of the latest Enterprise Performance Management (EPM) Study in conjunction with EPM International. EPM International is a unique alliance between five specialist Enterprise Performance Management (EPM) consultancies, bringing together over 500 EPM implementation and Finance Transformation specialists worldwide. This is the fourth time in the last 15 years that EPM International has carried out this extensive study, which looks at the EPM usage and implementation at nearly 80 large international companies from across Asia, Europe and North America.
"The EPM Study is essential for companies to assess their performance and compare to that of their peers," Says David Den Boer, CEO of Column5 Consulting. "By putting forth tailored EPM benchmarks, companies can better understand their position within the marketplace, as well as learn how to improve their practices by looking at the characteristics of the top performers. It's exciting for Column5 to be part of something that really revolutionizes the status quo in the EPM market, and is a high impact asset for our team internally, as well as our valued clients and study participants." One objective of the EPM Study is to identify best practice processes and evaluate the performance of each participant against these best practices characteristics. All of the study participants are evaluated on a variety of key metrics that the EPM International team have identified as key indicators of effective Enterprise Performance Management based on their deep experience of EPM. Overall, the study ranks companies on two main dimensions- the speed and quality of their reporting processes. Understanding practices such as how finance team members spend their time, how frequently data is reported, key process and systemschallenges in reporting and planning, timetables for planning and reporting and the approach to forecasting help EPM International evaluate the overall effectiveness of an organization's EPM processes and systems. The study report showcases trends of top performing companies, including surprising finds like the neutral effect of group size (often, large groups use their size to excuse longer reporting cycles), the importance of regular forecasting and the shift to weekly flash reporting. Participants in the study have access to where their company falls within the ranks of those who participated and are given specific insight into potential problem areas, improvement opportunities and what business benefits may arise from each. In addition to trends put forth by top performing companies, the study outlines key conclusions gleaned from the study of each key EPM process (Reporting, Budgeting and Forecasting), provides suggestions for coping with the rapidly changing financial environment and details the most current "hot-topics" in group finance. The full EPM Study Results Whitepaper is available for download via https://www.column5.com/epmi-epm-study. About EPM International About Column5 Contact:
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/column5-and-epm-international-announce-release-of-epm-study-300446759.html SOURCE Column5 Consulting 
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