1. How do you go about your business advisory services? What steps are followed?

We like to keep the process simple for you.

a)  Our business advisory consultants carry out an analysis of the strengths and weaknesses of your business.

We aim to convert your weaknesses to opportunities to enable you discover the full potential of your business.

b) Recommendations and Planning – we offer our business advisory solutions based on what serves you best for the achievement of maximum results.

c) Execution – Upon agreement of the plan, in liaison with your team, we implement the plan to accommodate seamless integration with your processes.

d) Monitoring and Evaluation – We monitor the effectiveness of our business advisory solutions and make any necessary changes based on the evaluation.

2. What should I look for in a good Enterprise Performance Management software?

a) Requirements – Does it fulfill your business requirements?

A good Enterprise Performance Management tool should be in line with the improvements that you are seeking to achieve for your business processes such as budgeting, forecasting, consolidation and reporting. 

b) Ease of Integration – This is key because you need a system that has the ability to collaborate with your current system.

A good EPM software will seamlessly integrate with your current tools.

c) Interactive Dashboards
EPM software should be available on laptops, tablets, and smartphones – syncing up personal data and allowing for easy navigation between different roles carried out by the different users in the system.


D) Access Control – This should be considered for all departments involved.

Oracle Enterprise Performance Management Cloud is a good example of a flexible EPM software that gives permission for access at various levels.

3. What are the steps followed in the implementation of an Enterprise Performance Management System?

Our Methodology leverages one of the de-facto industry standards, Unified Software Development Process (UP). 

UP is an iterative and incremental approach to developing and implementing software systems. 

Project managers use UP’s four-step approach (inception, elaboration, construction, and transition) to make there is a shared understanding between both parties of what is needed, choose an appropriate architecture, and transfer the ownership of the end-product to you.

4. Why choose a Business Intelligence software by Diamond Professional Consultants?

We have partnered with the top Business Intelligence companies in the market that provide top notch Business Intelligence solutions, namely  Oracle and Incorta.

The benefits of Business Intelligence with us is that our tools give you the ability to generate reports in a matter of seconds and transform the data to find the insights required to assist decision makers.  

We also provide dedicated consultants that aid in the implementation and use of these Business Intelligence tools

5. Which is the most recommended Business Intelligence software?

Each Business Intelligence Solution has its specialty, and we make recommendations based on your business needs. Get in touch with us so that we can understand your requirements. 

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    6. Which one would you say is the best Enterprise Performance Management tool?

    We recommend Oracle EPM Cloud as it has all the modules that a business requires for effective budgeting and financial management.

    It is a flexible system and is used widely by companies on a global scale. 

    7. What are the advantages of Oracle Enterprise Performance Management Cloud over Hyperion Enterprise Performance Management?

    Moving to the cloud has numerous benefits like the reduction of capex required upgrade and maintenance as all of that maintained by Oracle.

    Also the new interface, features and modules such as the scenario modeling module has facilitated quick adoption to the ever-changing business environment.

    Moreover, it provides the benefits of a digital business: the latest innovations delivered via regular updates, social and mobile capabilities, meaningful insights, delivered via personalized dashboards and reports, as well as predictive analytics, artificial intelligence, machine learning, and more.


    8. What are the 2 main benefits you would say your customers have enjoyed from implementing your EPM tools and business analytics tools?

    Streamlining of processes and improved decision making which have led to increase in revenue. Read more on our customer success stories page.

    9.</p> <p>Is it possible to have both Business Intelligence tools and Enterprise Performance Management tools implemented at the same time?

    Yes definitely!

    We would ensure that both the BI tools and EPM tools are implemented flawlessly while ensuring full participation of your team.

    10. Approximately how long does it the implementation of any EPM or BI software take?

    This depends entirely on the requirements of your business.

    Therefore, we would be able to advise on this afterwards, at the stage of business advisory once we have vetted the current position of your business.

     

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