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2007 Performance Management Scorecard

Posted: Thursday, August 9th, 2007

Vendor Overview: Infor

The Ventana Research Performance Management Vendor and Product Scorecard is a tool that organizations can use to improve their understanding of how well different software and solutions may meet their business and IT requirements for Performance Management. This unbiased and objective research is the first industry report to assess software designed specifically for enabling Performance Management.

The Ventana Research Scorecard rates each vendor’s and product’s compliance to the Ventana Research PerformanceCycle™ methodology. Based on the research and assessment methodology, we ranked the vendors to determine the best fit for enabling Performance Management. The results can be used to examine existing portfolios and evaluate new investments.

Summary of Benchmark Results for Infor

Overall: Infor Top-Ranked at 97%
In the 2007 Performance Management Scorecard, Ventana Research reviewed the Infor Performance Management MPC CPM Bundle 7.2, an integrated application suite consisting of modules for budgeting, planning, forecasting, financial consolidation, strategy management, reporting and analysis and production reporting. The software suite was analyzed and assessed and the overall compliance was calculated by aggregating the score across the PerformanceCycle™ methodology and dividing by the total potential score. Infor received the top overall ranking of 97%.

Align: Infor Second-Ranked at 97%
This step makes sure that actions and plans are directly related to reaching the goals, objectives and initiatives set out by executives and management. It enables you to align the workforce to performance goals and ensure they define, communicate and coordinate targets, score performance, and provide appropriate rewards and incentives. Included in the 2007 Scorecard are capabilities for initiatives, portfolios and competency profiles. This step includes defining targets and rewards while setting up automated notifications of the scores to the workforce. Infor Performance Management MPC CPM Bundle 7.2 had an overall 97% compliance to the supporting functional capabilities in the Align step.

Optimize: Infor Top-Ranked at 96%
This step prepares for future actions and decisions to define the goals, objectives and initiatives as set out in the Align step. It enables an organization to determine through planning and collaborating how the workforce and operations can improve their value to the organization. This step includes projecting potential through forecasting and planning, collaborating on actions and integrating recommended actions to improve performance. Infor Performance Management MPC CPM Bundle 7.2 had an overall 96% compliance to the supporting functional capabilities in the Optimize step.

Understand: Infor Top-Ranked at 98%
This step reviews the historical performance of people and processes. It enables you to understand how results impact the organization. This step enables management to access information and analysts to iterate through modeling, discovery and interactions on the information, the measurement of performance and ongoing monitoring. Infor Performance Management MPC CPM Bundle 7.2 had an overall 98% compliance to the supporting functional capabilities in the Understand step.

Research and Assessment Methodology

Performance Management is the methodology and process of managing organizational performance and associated business processes according to a commonly understood set of goals and objectives. Performance Management focuses on enabling individuals to act efficiently and make effective decisions across the organization or a business process. This approach guides all individuals to fulfill their potential and interoperate across strategic, tactical and operational levels.

Ventana Research believes that an objective review of specific vendors and products is critical to the methodology that enables Performance Management. Your review should include a thorough analysis of what’s possible and what’s relevant. Our research will help you understand how vendors and products fit into a Performance Management framework. Rather than try to assess every detail of every product, we researched characteristics and features that relate to the three steps of Performance Management: Align, Optimize and Understand.

We have made every effort to explore the supporting functional requirements and capabilfor PerformanceCycle™. Even so, there may be anderstand how vendors and products fit intothresearch in your own proper context is critical to ensure that products deliver the highest level of compliance and quality for supporting your projects in Performance Management.

About Ventana Research

Ventana Research is the leading Performance Management research afirm. By providing expert insight and detailed odelivered through a top-down approach that connects people, process, information and technology. What makes Ventana Research different from other analyst firms is a focus oPerformance Management for finance, operations and IT. This focus, plus research as a foundation and reach into a community of over two million corporate executives throughextensive media partnerships, allows Ventana Research to deliver a high-value, low-risk method for achieving optimal business performance. To learn how Ventana Research caassess and benchmark your people, processes and technology for Performance Management success, please visit us at www.ventanaresearch.com