Balanced Scorecard Software

Balanced Scorecard Automation


Automating the Balanced Scorecard assists you in turning the ambiguous, imprecise area of visions and strategies into clear and precise performance measures.

You are investing in a scorecard software tool to act as an enabler – an enabler of strategic communication across your enterprise, an enabler of swifter decisions, and most importantly an enabler of better performance, resulting from the availability of timely and accurate information on the success of your strategy.

While many software implementations excel from a technical standpoint they ultimately fail where they matter most: allowing leaders to navigate their chosen strategic path, providing insights to make better business decisions, and energizing the overall strategy execution imperative.

A good Balanced Scorecard software helps you with predesigned templates for scorecards, objectives, KPIs, and initiatives thereby accelerating your implementation process.

It will also let the business user possess the ability to easily model changes to key scorecard elements such as objectives, measures, and targets. Balanced Scorecard automation will also let you combine the Balanced Scorecard framework with frameworks like risk, compliance, project portfolios, quality, and others.

A Balanced Scorecard software should efficiently manage the Balanced Scorecard, by allowing multiple users, enabling you to create the reports you want. The downside with many software applications is that they have trouble in integration, are not customisable, and are expensive.

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Software vendors such as Corporater provides all the core elements related to the Balanced Scorecard, including strategy maps, perspectives, objectives, KPIs and actions, out of the box. Corporater Balanced Scorecard offers all of this on a single platform so you can manage at all levels of your organization, including strategic, tactical and operational. Over time you will gather insights that reveal whether your chosen strategy is leading to improved business performance and financial success. As this information accumulates, users will have the knowledge, skills, and ability to manipulate the information residing in the Scorecard software in a meaningful way to extract its maximum value.

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