WG Consulting’s EPM professionals focus on a simple truth; ‘you can’t manage what you don’t measure’. “Traditional EPM was about Finance; Budgeting, Forecasting, Reporting,” says Burks. “It was isolated in the organization and retrospective, driving by looking in the rear-view mirror. Being reactive is insufficient, management needs to know to actively create the outcomes they want, and modern EPM systems, with sophisticated scenario modeling, cloud-based accessibility and ‘Big Data’ technologies let us do that in ways most management teams or Finance professionals cannot imagine. EPM is the driver of everything, the scoreboard, and those numbers don’t lie,” asserts Burks. He adds, “EPM is not a system, it is an organizational value that relies on information, not instinct, for fact-based, accelerated decision making.”
Paraphrasing Roger Burks, a system is not the complete solution but the need for technology as an enabler has caused WG Consulting to form strategic alliances with the leaders in EPM software to deliver client-centric solutions that drive growth.
Our EPM practice helps enterprises constantly optimize their business performance by identifying and monitoring the information and processes that drive sustained excellence
These tools enable a key component of WG’s “Instant Insight” vision, one in which the classic monthly “record and report” model is replaced by processes and technologies that provide management with near time visibility into performance today that can be used to change performance tomorrow. “We need to change our processes to embrace the possibilities that EPM creates for informed operational excellence,” says Burks, who continued “budgeting and forecasting, financial close, account reconciliation, production optimization, inventory rationalization and supply chain, labor management and enterprise reporting; these are all processes that WG helps clients fundamentally transform with EPM solutions.”
Looking ahead, WG Consulting will continue to deliver fully integrated EPM solutions, bringing in leading practices from Business Intelligence/Visualization, Big Data and other areas to create a richer view of truly “Enterprise” Performance Management. “We will go deeper and wider in the EPM area. Our focus on business effectiveness, optimized with enabling technology is going to win the day,” concludes Burks.