Performance management has become an important part of the management and control cycle, with the major emphasis being on alignment and visibility, whether for regulatory and compliance reasons, or driven by the need to get a deeper understanding of what is actually going on within business processes. iCAST Performance Management Suite is designed with a holistic approach that aligns strategic and operational objectives, and business activities, to fully manage performance through informed and proactive decision making. The holistic approach enables the integration of business intelligence, process management, and activity monitoring to achieve a single view of enterprise. The integration of business and IT process management, and business intelligence is a crux of iCAST performance management framework. It provides the ability for to move quickly towards managing and meeting business measurements and goals. To help smooth out the roller coaster ride, businesses need an integrated performance framework of iCAST to react quickly to changing market demands. It is often the case, that organizations have non-integrated business processes and underlying applications. Having iCAST in place helps to analyze customer behavior, risk and profitability, to drive more effective marketing campaigns. Often business processes and applications are isolated from each other, which typically results in the generation of information silos. ICAST Performance Management suite solves this problem by providing a common business and technical framework that allows the departments and functional areas of an enterprise to adhere to a common set of goals and objectives. iCAST Performance processes includes consolidation of financial and operational information, modeling, and monitoring of key performance indicators (KPIs) linked to organizational strategy. ICAST on SOA platform increases enterprise agility; allows firms to easily assemble, and modify business processes for collaborative business performance.
iCAST deliver continuous improvement and innovation by:
- Aligning strategy horizontally and vertically throughout your company
- Enabling proactive and directed action
- Providing real-time, contextual insight
- Delivering role-based visibility into business operations and metrics
- Improving team productivity and effectiveness
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