EVM Executive Edition is incredibly easy to use
and powerful. In just hours, your executives will be managing
their performance targets and budgets. There is no easier way
for your team to get started with EVM. Sign up today for a free
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EVM Executive Edition
Corporate executives are facing key challenges in the tasks that
they must complete and how well they deliver. "Shareholder
value, stakeholder value, EVA, NPV, CFROI, intellectual capital,
value disciplines, six sigma, balanced scorecard; and a flurry
of other performance measures" - Executives should not neglect
any of these ideas, nor should they over-invest in any one particular
idea. Top management’s challenges are too complex to be
solved by one guru or one theory. The diligence involved in designing
and implementing a successful enterprise value management system
involves developing a successful planning and performance-management
approach that works for your company. Even the most sophisticated
financial measures will fail if they are not suitable for your
situation; a less sophisticated approach can create significant
value more efficiently if it is tailored to your industry and
your company’s specific needs.
With that in mind, Governance One offers Enterprise Value Management
(“EVM”) System – Executive Edition to help executives
manage their companies’ value-creation processes. EVM Executive Edition aligns a company's overall aspirations, analytical techniques,
and management processes with the key value drivers and is notable
as a complete solution that executives can rely on to keep themselves—and
their companies—on their pathway to success.
From strategic planning to operational execution, EVM Executive Edition is a single and comprehensive value management application
that delivers the following:
Strategic Business Planning
A company from time to time needs to make changes to its current
business strategy to position itself for a new era of growth and
success. Companies can improve baseline earnings to meet or exceed
shareholders’ expectations by squeezing more profit out
of existing capabilities, or by organizing in new ways to develop
initiatives that could generate new earnings. Decision-making
value comes from the analysis and simulation steps required to
evaluate alternative decisions and influence what will happen.
For example, EVM’s visualized organization structure planning
feature allows executives to perform what-if analysis based on
different organizational structures by simply adding or deleting
organization units or changing the reporting levels of organization
units. This feature helps companies align their organizations
as a more cohesive unit and streamline internal processes so that
companies can achieve greater operational efficiency.
EVM Executive Edition gives executives the ability to use top-down
modeling and planning which gives a clear communication of corporate
goals and objectives. EVM also help executives identify and diagnosis
the business’s value drivers, and as a continual process,
companies can modify their operational plans quickly and efficiently
while identifying and analyzing the gaps in between. With EVM,
your strategic planning process will become much easier and provide
a better sense of which direction your company is heading.
Sales & Marketing Analysis
Companies always try to get more from their sales and marketing
efforts. To make the right investment in sales and marketing,
managers must be clear on what and how they are offering. For
example, should your company offer integrated solutions or just
sell bundled products? Should you lower your pricing by 20% to
meet competitors’ offering? The ability to predict the financial
consequences of a decision is critical to any business strategy.
Testing new ideas on a practical level is a risky operation. What
a business really needs is the ability to test a series of different
what-if scenarios in the safety of a virtual, risk free environment.
With the built-in business forecast disciplines and flexible product
pricing models, EVM allows front-line managers to perform bottom-up
multidimensional revenue forecasts based on their best knowledge
and judgments. EVM enables sales and marketing executives to see
the financial benefits or drawbacks of their selling strategies
before actually putting them into practice.
EVM’s revenue forecast framework helps marketing and sales
executives understand product strengths and weaknesses, identify
marketing channels, identify alliance opportunities, and evaluate
the effectiveness of company’s promotional programs. EVM Executive Edition is the perfect choice for companies that aspire
to dramatically improve the efficiency and accuracy of their revenue
forecasting processes.
Budgeting Process
Budgets should be created and linked to the companies’ strategy
and objectives and should be refined and monitored on an ongoing
basis. EVM Executive Edition provides an effective expense budgeting
mechanism to increase accountability. Executives identify the
value drivers and create top down budgets while business line
managers submit their expense budgets and headcount plans based
on the activities or internal projects that their departments
need to perform and accomplish during the forecasted periods.
The performance of each project or departmental activity will
then be closely tracked and compared to the preset goals to increase
accountability and to facilitate effective allocation of resources.
Increasingly the brutally efficient nature of business today requires
companies to dramatically improve their budgeting process efficiency.
With EVM Executive Edition, company can have a highly disciplined
and efficient process for creating and monitoring budgets. With
EVM, resources will not be allocated through negotiation and horse-trading.
Instead resources will be allocated in accordance with the entire
value creation efforts.
Rolling Forecast and What-if
Modeling
With today’s business and competitive environment, once
a year planning or twice a year forecasting is no longer acceptable.
Survival is based on flexibility and agility where budgets and
forecasts must be tied to company strategy and refined as the
business environment changes. EVM’s rolling forecast function
allows organizations to effectively integrate the continuous strategic
planning process with the specific quantifiable measures to urge
executives to think not only in the short run but also focusing
on long term goals.
The ability to predict the financial consequences of a decision
is critical to any business strategy. Testing new ideas on a practical
level is a risky operation. What a business really needs is the
ability to test a series of different what-if scenarios in the
safety of a virtual, risk free environment. EVM provides answers
to those what-if questions by simulating various scenarios in
projecting the impact of their decisions and allows the company
to change the forecast when appropriate. EVM enables executives
to see the financial benefits or drawbacks of new ideas before
actually putting them into practice. It also provides employees
with an understanding on how their daily actions impact the company’s
value. Executives can easily maintain and manage multiple versions
of forecasts themselves based on different forecasting assumptions
and scenarios.
Benchmarking Company Performance
EVM incorporates enterprise value metrics,
key performance indicators together with performance management
to provide managers an ideal performance evaluation model.
EVM provides selected financial information of numerous, major
public companies within the same industry in the Financial Comparison
module for benchmarking purposes. In this way, the company can
set performance standards and achieve superior performance that
results in a more competitive advantage in the market. With EVM,
companies can identify processes that need improvement, compare
internal process against similar activities of industry leaders
which provides an objective basis for making improvements, and
implement change for better efficiency and effectiveness.
Consolidation and Variance Analysis
The Import and Export features help the parent company to consolidate
organization headcount and financial statements of subsidiaries
with a click of a button. Data can be consolidated from an unlimited
number of subsidiaries or financial reporting units. Companies
may be in a different industry or have a different chart of accounts.
With EVM, companies can provide a single, centralized and forward-looking
view of the organization’s financial and operational performance
data.
EVM Executive Edition provides flexible and powerful variance
analysis capability through which the variances of revenue and
cost of revenue are broken down into price and quantity variance
by product package, product item, sales region, and customer segment.
With EVM, executives can easily compare actual vs. budgeted, rolling
forecast vs. budgeted forecast, or any other two files created
under different scenarios. Executives can direct their attention
towards significant variances right away and resolve those differences
to reduce the company’s risk.
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Learn and Explore  |
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and the benefits EVM can offer you and your organization. |
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Top-Down Strategic Planning |
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Bottom-Up Executable Plan Forming |
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Multi-Dimensional Revenue Forecasting |
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What-if Scenario Modeling |
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Rolling Forecasting |
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Rollup and Consolidation |
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Variance Analysis |
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