Select one of the processes of Business Performance Management and discuss the types of software tools and applications that are available to support it.

IBM Cognos Business Intelligence is a great example of software that is used for the monitoring process. As noted by Zheng:

“Its Metric Studio provides a comprehensive performance monitoring.”

It is a wide array of tools for reporting, analysis, and scorecards. It can monitor both event management and the performance of employees, utilizing the highly flexible interface. Another example of monitoring software is BSC designer software, which allows its users to visualize the performance of individual employees through the KPI-based system. It is also can be used as a tool for communication and planning, but its primary function is performance monitoring. The process of monitoring is conducted through a wide array of different sheets and tables with an extensive graphical interface.

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Academic.Tips. 2022. "Select one of the processes of Business Performance Management and discuss the types of software tools and applications that are available to support it." January 21, 2022. https://academic.tips/question/select-one-of-the-processes-of-business-performance-management-and-discuss-the-types-of-software-tools-and-applications-that-are-available-to-support-it/.

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