In the 2017 Nucleus Research CPM Value Matrix just released, Nucleus analysed the market for Corporate Performance Management (CPM) software products, evaluating CPM vendors based on their relative usability and functionality - the two key criteria seen as the most important when evaluating CPM applications. And in its 2017 CPM Value Matrix report, Host Analytics was named as a leader in the CPM market (otherwise known as the EPM market) for the third straight year.
The Nucleus Research report highlights usability as a key factor for CPM products, including having Excel-like features, as Finance users want autonomy from IT and are reticent to learn a drastically new system. Nucleus Research also cited the importance of the Software as a Service (SaaS) deployment model because this requires little work from IT to deploy and maintain the solution.
Based on vendor and customer interviews, Host Analytics was positioned as a Leader in the market with the highest-ranked functionality among the pure-play CPM vendors in the Leader’s quadrant. Host Analytics was also ranked high among the leaders on usability.
In the report, Nucleus Research also highlighted the strength of the Spring17 release of Host Analytics. Several enhancements in the Spring17 release were mentioned as differentiators, including these:
- Enhanced user experience
- Support for organisations by period in Consolidation
- Ability to perform mass employee edits in Workforce Planning
- Enhanced reporting
- NetSuite integration
According to Anne Moxie, Research Analyst at Nucleus Research, “In the 2017 Matrix, Host Analytics is placed as one of the top players because it has heavily invested in both the usability and functionality of its solutions. Praise from its customers has kept the company in the Leader’s quadrant, proving that the company’s efforts have resulted in productivity enhancements, improved analysis, and high adoption rates.”
To learn more, download a complimentary copy of the CPM Technology Value Matrix 2017.