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Companies that capitalize on a new generation of robust, integrated performance management tools will show a measurable impact on their profitability and market position.
Numerous market forces have pushed the need for better performance management. The Sarbanes-Oxley Act and revised international accounting standards raised requirements for transparency and timeliness of financial reporting. The economic downturn and increased global competition forced companies to operate more efficiently. Technology advances such as enterprise systems and the Internet sparked an explosion in the amount of data flowing through an enterprise.
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