Designing for Impact in Corporate Performance Management

This document is a guide focused on rethinking Corporate Performance Management (CPM) to enhance stakeholder outcomes. It outlines the shift from traditional practices to a goal-oriented approach that emphasizes modernization within finance departments. The guide details how technology can streamline processes such as data entry and reporting, while also addressing compliance with new regulations like ASU 2024-03. It discusses the role of the OneStream platform in automating financial reporting and supporting data-driven decision-making, highlighting the importance of understanding stakeholder needs in the transformation process. The document also identifies key drivers for finance modernization, including mergers, business growth, and regulatory compliance. Additionally, it emphasizes the need for project governance to ensure successful outcomes and the optimization of technology to minimize maintenance costs. The guide concludes by presenting the collaboration between OneStream and KPMG as a means to achieve advanced financial capabilities and improve forecasting accuracy through intelligent automation.