TechAxes - Driving the future
Home  |  Site map  |  Feedback

Products

Solutions

Services

SaaS

Partners

Company

Contact

Products

Finance Analytics

Operational Analytics

Human Resource Analytics

Business Performance Management

Special Functional Analytics

TechAxes gives you software for Benchmarking, Balanced Scorecard, Corporate Dashboard and Economic Value Add.
Home > Products > Business Performance Management

Business Performance Management

Analyzes key performance indicators that generate shareholder value and drive behavior based on business strategies. Identifies true sources of business failure and isolates best practices that lead to success.
Benchmarking
Compares one set of measurements to another. This may be done for various reasons, such as to determine trends in a process over time, or to compare one organization's process performance to another's.
  • Competitive benchmarking.
  • Process benchmarking.
  • Functional benchmarking
Balanced Scorecards
Aligns strategic activities to the strategic plan. Provides managers with financial and non- financial measurements of performance based on the organization's critical success measures. It is an ideal technique for implementing and monitoring complex organization strategies as it allows managers to track the results of strategy implementation.
  • Strategic feedback to show the present status of the organization from many perspectives for decision makers.
  • Diagnostic feedback into various processes to guide improvements on a continuous basis.
  • Trends in performance over time as the metrics are tracked.
  • Feedback around the measurement methods themselves, and which metrics should be tracked.
  • Quantitative inputs to forecasting methods and models for decision support systems.
Corporate Dashboards
Provides a balanced view of business performance and enables a company to learn continuously. Dashboard reflects the core functions and business processes of the corporation. It is built with metrics that are flexible and significantly reflect operations and performance.
  • Provides users with an easy access to their KPI's.
  • Provides custom web-page and template for each user.
  • Notifies key users when a KPI falls short of expectation.
  • Allows for drill-downs to the root cause of any problem.
  • Enables users to graph, perform trend-analysis, and view related data.

Economic Value Add (EVA)
Measures true economic profit of an enterprise. It is the performance measure most directly linked to the creation of shareholder wealth over time. It is the amount by which earnings exceed or fall short of the required minimum rate of return by the shareholders.
  • Calculates Profits the way shareholders count them.
  • Aligns management decisions with shareholder wealth.
  • Provides a financial measure line managers understand.
  • Ends the confusion of multiple corporate goals.
  • Simplifies the performance evaluation process.
  • Total Shareholder Return (TSR)
Calculates the return a shareholder earns over a specified period of time. It is a measure of the change in share price, assuming dividends are reinvested. It measures what we might expect a shareholder to receive from their share of the company. It is typically expressed as an annual percentage. Operating parameters that control and drive cash flow are collected and evaluated in a systematic way Strategic decisions are made on the basis of systematic analysis of potential value creating parameters. Employees at all level understand how their activities link to the creation of short and long term cash flow and value creation.