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.
Corporater worked with the Balanced Scorecard framework founders to build a complete BSC solution.
All the core elements related to the BSC including strategy maps, perspectives, objectives,
KPIs and actions are provided out of the box in a single platform.
The map designer helps you to show your strategic destination using strategy maps.
You can fully control the design and layout, including your branding. In addition to communicating strategy,
the strategy maps also communicate the status and progress of your journey.
Adding tasks and initiatives to your scorecards is just a child’s play using this software.
This helps you to act on your insights by tracking and monitoring the progress of your tasks and initiatives.
Corporater provides insights at your fingertips with detailed data behind each KPI or dashboard.
You can not only display the trend, status, history and assessments of your KPIs,
but also drill into the source data to view transactions or invoices.
Business review meetings can be efficiently managed by highlighting important agenda items,
invite participants to the meeting, running the meeting in the software and
documenting decisions and plan corrective actions
Assess and treat risk factors that can impact performance.
All the aspects of your company’s performance are addressed through the world’s
first business management platform – The Corporater Business Management Platform
Your organisational strategy can be easily cascaded to all business units. By combining strategic,
tactical and operational information on one platform, users have the right information
to make the best decisions, set decisions into actions and evaluate performance.