{"id":999979033,"date":"2025-10-30T17:57:13","date_gmt":"2025-10-30T10:57:13","guid":{"rendered":"https:\/\/bizzi.vn\/?p=999979033"},"modified":"2026-06-03T23:33:55","modified_gmt":"2026-06-03T16:33:55","slug":"epm-data-transparency","status":"publish","type":"post","link":"https:\/\/bizzi.vn\/en\/epm-data-transparency\/","title":{"rendered":"Data Transparency EPM \u2013 Sactona Solution Helps Businesses Manage Reliable Financial Data"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">In the data age, businesses cannot manage performance if data is not transparent, consolidated, and consistent. Enterprise Performance Management (EPM) is the bridge between operational data from ERP and business strategy\u2014creating a \u201csingle source of truth,\u201d the foundation for accurate, timely, and verifiable financial decisions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This article provides a detailed analysis of the EPM mechanism for data transparency: from how the system ensures all financial figures are clearly displayed and traceable, to its ability to consistently consolidate data from various sources across the organization.<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_80 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Index<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewbox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewbox=\"0 0 24 24\" version=\"1.2\" baseprofile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#EPM_la_gi_Vi_sao_minh_bach_du_lieu_la_nen_tang_cua_quan_tri_hieu_suat_doanh_nghiep\" >What is EPM? Why is data transparency fundamental to business performance management?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#5_thanh_phan_cot_loi_tao_nen_EPM_minh_bach_du_lieu\" >5 core components that make up a transparent data-driven EPM.<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#Data_Governance_%E2%80%94_Khung_quan_tri_du_lieu_chat_che\" >Data Governance \u2014 A robust data governance framework<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#Data_Accuracy_va_Integrity_%E2%80%94_Dam_bao_du_lieu_dung_day_du_dang_tin\" >Data Accuracy and Integrity \u2014 Ensuring data is correct, complete, and reliable.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#Data_Consolidation_%E2%80%94_Hop_nhat_du_lieu_tai_chinh_da_nguon\" >Data Consolidation \u2014 Consolidating multi-source financial data<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#Data_Lineage_va_Data_Quality_Management_%E2%80%94_Truy_xuat_nguon_goc_va_kiem_soat_chat_luong\" >Data Lineage and Data Quality Management \u2014 Traceability and Quality Control<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#Single_Source_of_Truth_%E2%80%94_Nguon_du_lieu_duy_nhat_va_dang_tin_cay\" >Single Source of Truth \u2014 A single and reliable source of data.<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#Cach_EPM_thuc_hien_minh_bach_du_lieu_Quy_trinh_ETL_va_tich_hop_da_he_thong\" >How EPM implements data transparency: ETL process and multi-system integration.<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#EPM_Data_Integration_va_ETL_Process\" >EPM Data Integration and ETL Process<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#Centralized_Data_Repository_va_Real-Time_Synchronization\" >Centralized Data Repository and Real-Time Synchronization<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#Metadata_va_Master_Data_Management_MDM\" >Metadata and Master Data Management (MDM)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#Data_Mapping_va_Chuan_hoa_du_lieu_da_nguon\" >Data Mapping and Normalization of Multi-Source Data<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#Cross-Department_Visibility_%E2%80%94_Ket_noi_tai_chinh_ban_hang_va_van_hanh\" >Cross-Department Visibility \u2014 Connecting finance, sales, and operations<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#Tich_hop_EPM_voi_cac_he_thong_ERP_lon\" >Integrating EPM with large ERP systems<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#7_loi_ich_cua_EPM_minh_bach_du_lieu_cho_CFO_va_FP_A\" >7 Benefits of EPM (Exclusive Data Management) for CFOs and FP&amp;A<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#Giam_sai_lech_du_lieu_va_loi_thu_cong\" >Reduce data discrepancies and manual errors<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#Tang_do_chinh_xac_va_kha_nang_truy_vet_so_lieu\" >Increase data accuracy and traceability.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#Hop_nhat_du_lieu_tai_chinh_tu_nhieu_he_thong\" >Consolidate financial data from multiple systems<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#Cai_thien_kha_nang_tuan_thu_chuan_muc_tai_chinh\" >Improve compliance with financial standards.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#Nang_cao_toc_do_phan_tich_va_ra_quyet_dinh\" >Improve the speed of analysis and decision making<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#Ho_tro_CFO_quan_ly_rui_ro_va_kiem_soat_du_lieu\" >Supporting CFOs in risk management and data control<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#Giam_phu_thuoc_vao_Excel_%E2%80%94_Tien_toi_nen_tai_chinh_hien_dai\" >Reduce reliance on Excel \u2014 Towards modern finance<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#EPM_va_kiem_soat_tuan_thu_du_lieu_tai_chinh_bao_mat_audit_va_GRC\" >EPM and financial data compliance control: security, audit, and GRC<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#Tuan_thu_tai_chinh_va_dau_vet_kiem_toan\" >Financial compliance and audit trail<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#Khung_quan_tri_rui_ro_va_kiem_soat_noi_bo_theo_vai_tro\" >Role-based risk management and internal control framework<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#Truy_xuat_nguon_goc_du_lieu_va_tuan_thu_Dao_luat_Sarbanes%E2%80%93Oxley_SOX\" >Data traceability and compliance with the Sarbanes\u2013Oxley Act (SOX)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#Kiem_soat_noi_bo_va_minh_bach_hoat_dong\" >Internal control and operational transparency<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#Khung_Quan_tri_%E2%80%94_Rui_ro_%E2%80%94_Tuan_thu_GRC_Framework\" >Governance-Risk-Compliance Framework (GRC Framework)<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#Ung_dung_cua_EPM_trong_minh_bach_du_lieu_tai_chinh_doanh_nghiep\" >Application of EPM in corporate financial data transparency<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-30\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#EPM_trong_Bao_cao_Hop_nhat_Consolidation_va_Reporting\" >EPM in the Consolidation and Reporting Report<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-31\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#Minh_bach_du_lieu_trong_Forecasting_va_Budgeting\" >Data transparency in forecasting and budgeting.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-32\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#EPM_giup_CFO_kiem_soat_rui_ro_du_lieu\" >EPM helps CFOs control data risks.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-33\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#Ung_dung_trong_mo_hinh_tap_doan_da_chi_nhanh\" >Applications in multi-branch corporate models<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-34\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#Tang_niem_tin_voi_nha_dau_tu_va_kiem_toan_vien\" >Increase confidence with investors and auditors.<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-35\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#Cac_chi_so_danh_gia_hieu_qua_minh_bach_du_lieu_trong_EPM\" >Indicators for evaluating data transparency effectiveness in EPM<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-36\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#So_sanh_EPM_ERP_va_BI_trong_quan_ly_du_lieu_%E2%80%94_Vi_sao_EPM_minh_bach_du_lieu_hon\" >Comparing EPM, ERP, and BI in data management \u2014 Why is EPM more transparent in terms of data?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-37\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#EPM_minh_bach_du_lieu_Cau_hoi_thuong_gap_tu_CFO_va_FP_A\" >EPM data transparency: Frequently asked questions from CFOs and FP&amp;A<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-38\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#EPM_giup_minh_bach_du_lieu_tai_chinh_nhu_the_nao\" >How does EPM help make financial data transparent?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-39\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#EPM_co_the_dam_bao_tinh_chinh_xac_du_lieu_khong\" >Can EPM guarantee data accuracy?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-40\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#Du_lieu_trong_EPM_co_the_truy_vet_va_kiem_toan_duoc_khong\" >Is the data in EPM traceable and auditable?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-41\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#Lam_sao_EPM_giup_CFO_tin_tuong_vao_so_lieu_bao_cao\" >How does EPM help CFOs trust reporting data?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-42\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#EPM_khac_gi_so_voi_chi_dung_Excel_de_quan_ly_du_lieu_tai_chinh\" >How is EPM different from simply using Excel to manage financial data?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-43\" href=\"https:\/\/bizzi.vn\/en\/epm-data-transparency\/#Ket_luan\" >Conclude<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"EPM_la_gi_Vi_sao_minh_bach_du_lieu_la_nen_tang_cua_quan_tri_hieu_suat_doanh_nghiep\"><\/span><b>What is EPM? Why is data transparency fundamental to business performance management?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/bizzi.vn\/epm-la-gi\/\"><strong>EPM (Enterprise Performance Management)<\/strong><\/a> An EPM is a comprehensive management system that helps businesses plan, forecast, analyze, and report on operational performance in a synchronized manner. While ERP focuses on recording daily transactions, EPM helps leaders understand and control the future through aggregated data, forecasts, and business performance analysis.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In financial planning and reporting, trust in data is paramount. A report may be beautifully presented, but if the data is inaccurate or of unknown origin, it cannot serve as a basis for strategic decision-making.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In reality, many Vietnamese businesses still face the problem of &quot;data silos&quot;\u2014fragmented data across departments, disjointed Excel files, and a lack of change control procedures. The result is:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Each department maintains a different \u201cversion of data.\u201d<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">FP&amp;A requires hours of manual cross-checking and verification.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">CFOs find it difficult to make quick decisions because they don&#039;t know which numbers reflect reality.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\"><strong>EPM Data Transparency<\/strong> \u2014 Data transparency in EPM \u2014 refers to the ability of an Enterprise Performance Management system to ensure that all financial data is clearly displayed, traceable, consistent across departments, and reliable for decision-making.<\/span><\/p>\n<figure style=\"width: 750px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" title=\"EPM is a comprehensive management solution that helps businesses plan, forecast, analyze and report operational performance in a synchronized manner.\" src=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/10\/epm-minh-bach-du-lieu-1.jpg\" alt=\"EPM is a comprehensive management solution that helps businesses plan, forecast, analyze, and report on operational performance in a synchronized manner.\" width=\"750\" height=\"391\" \/><figcaption class=\"wp-caption-text\">EPM is a comprehensive management solution that helps businesses plan, forecast, analyze and report operational performance in a synchronized manner.<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">EPM data transparency delivers three core values:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><strong>Traceability<\/strong>Each number has a history of changes, the person who entered it, and the reason for the adjustment.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><strong>Consistency<\/strong>The same financial indicator is displayed consistently across all reports and departments.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><strong>Auditability<\/strong>The CFO can trace and verify directly within the system without needing to &quot;request the original Excel file&quot;.<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">When data is transparent, FP&amp;A teams can analyze with confidence, and CFOs can sign off on reports with confidence \u2014 knowing that every number is accurate and provable.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"5_thanh_phan_cot_loi_tao_nen_EPM_minh_bach_du_lieu\"><\/span><b>5 core components that make up a transparent data-driven EPM.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The EPM system achieves data transparency through five simultaneously operating technical components, forming a closed control loop from data source to final report.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Data_Governance_%E2%80%94_Khung_quan_tri_du_lieu_chat_che\"><\/span><b>Data Governance \u2014 A robust data governance framework<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\"><strong>Data governance<\/strong> This is the foundational layer for unified control of all data within the EPM. This component includes three main elements: rules and procedures for data collection, approval, and updating; clear delegation of authority between roles (CFO, FP&amp;A, sales department, plant); and standardization of data categories such as expense codes, accounts, and KPIs.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With governance, data is no longer a &quot;gray area&quot; but becomes an asset that is managed responsibly\u2014the foundation for ensuring the accuracy and consistency of reporting.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Data_Accuracy_va_Integrity_%E2%80%94_Dam_bao_du_lieu_dung_day_du_dang_tin\"><\/span><b>Data Accuracy and Integrity \u2014 Ensuring data is correct, complete, and reliable.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Data is only valuable when it is correct and complete. <strong>Accuracy<\/strong> Ensure that the data accurately reflects actual operations (no errors, no duplication). <strong>Integrity<\/strong> Ensuring that data is not altered or corrupted during transmission, processing, or aggregation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">EPM supports this through three mechanisms: automated cross-checking (validation rules); recording of change history (audit trail); and alerts when data is missing, inconsistent, or exceeds thresholds. As a result, CFOs can have complete confidence in financial data without the need for manual verification.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Data_Consolidation_%E2%80%94_Hop_nhat_du_lieu_tai_chinh_da_nguon\"><\/span><b>Data Consolidation \u2014 Consolidating multi-source financial data<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">In most businesses, data is scattered across ERP, CRM, HRM, and internal Excel files. EPM acts as a consolidation layer, automatically aggregating data from these different systems, including financial reports (P&amp;L, Balance Sheet, Cash Flow), budgeting and forecasting, and operational data from each subsidiary unit.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As a result, businesses have a consolidated and up-to-date financial picture in real time, instead of relying on time-consuming manual compilation.<\/span><\/p>\n<blockquote><p><em>Reference: <a href=\"https:\/\/bizzi.vn\/quy-trinh-doi-chieu-giao-dich-noi-bo\/\">Internal transaction reconciliation process<\/a><\/em><\/p><\/blockquote>\n<h3><span class=\"ez-toc-section\" id=\"Data_Lineage_va_Data_Quality_Management_%E2%80%94_Truy_xuat_nguon_goc_va_kiem_soat_chat_luong\"><\/span><b>Data Lineage and Data Quality Management \u2014 Traceability and Quality Control<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\"><strong>Data lineage<\/strong> This refers to the ability to trace the entire journey of data\u2014from its origin to its appearance in the final financial report. For example, revenue in a consolidated report can be traced back to a specific invoice from the ERP system.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In conjunction with data quality management, EPM continuously monitors data completeness and validity; detects discrepancies in data entry, mapping, or merging; and provides a data quality dashboard for FP&amp;A to easily monitor. This helps prevent errors before data is used for decision-making.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Single_Source_of_Truth_%E2%80%94_Nguon_du_lieu_duy_nhat_va_dang_tin_cay\"><\/span><b>Single Source of Truth \u2014 A single and reliable source of data.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The ultimate goal of the EPM system is to create a \u201cSingle Source of Truth\u201d (SSOT) \u2013 a unified, transparent, and synchronized data source for the entire enterprise. With SSOT: every department and every level of management works on the same data; there is no longer a situation of \u201cseparate Excel files for one department, separate data for another\u201d; and all plans, forecasts, and actual results reflect a single version of the truth.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When a business has a true SSOT (Summary of Data Analysis), every decision\u2014from budget adjustments to strategic planning\u2014is based on validated data, no longer dependent on intuition or judgment.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Cach_EPM_thuc_hien_minh_bach_du_lieu_Quy_trinh_ETL_va_tich_hop_da_he_thong\"><\/span><b>How EPM implements data transparency: ETL process and multi-system integration.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The EPM system is designed to connect, consolidate, and standardize financial data from various sources, creating a unified and reliable data foundation through a rigorous technical process.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"EPM_Data_Integration_va_ETL_Process\"><\/span><b>EPM Data Integration and ETL Process<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Progress <strong>ETL (Extract \u2014 Transform \u2014 Load)<\/strong> It is the heart of data integration capabilities in EPM, operating in 3 steps:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><strong>Extract<\/strong>EPM automatically retrieves data from multiple sources \u2014 ERP, CRM, accounting systems, internal Excel files.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><strong>Transform<\/strong>Data is cleaned, logically checked, units and accounts are normalized, and formatted according to the management system&#039;s standards.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><strong>Load<\/strong>After processing, the data is loaded into a central data repository for use in reporting, planning, and forecasting.<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Centralized_Data_Repository_va_Real-Time_Synchronization\"><\/span><b>Centralized Data Repository and Real-Time Synchronization<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">After the data is ETL, all the information is stored in <strong>Centralized Data Repository<\/strong> \u2014the heart of EPM. Here, all financial data, plans, and actual results are stored in a structured manner. Changes to ERP or accounting systems will be incorporated. <strong>real-time synchronization<\/strong> (Real-time synchronization) allows FP&amp;A and CFOs to access the same unified dataset \u2014 Single Source of Truth.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Metadata_va_Master_Data_Management_MDM\"><\/span><b>Metadata and Master Data Management (MDM)<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">EPM maintenance <strong>metadata<\/strong> (descriptive data) and <strong>master data<\/strong> (Standardized catalog) to ensure all information is interpreted consistently. Metadata helps to understand the meaning of each data field such as net revenue, gross revenue, or operating expenses. MDM manages a central catalog including subsidiary codes, cost centers, accounting accounts, and product catalogs. Therefore, even if data comes from many different systems, EPM can still understand and organize it according to the same structural standard.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Data_Mapping_va_Chuan_hoa_du_lieu_da_nguon\"><\/span><b>Data Mapping and Normalization of Multi-Source Data<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">When integrating with different systems, data structures are often inconsistent. EPM uses <strong>data mapping<\/strong> To map corresponding information fields, including: mapping accounting accounts from different ERP systems to the same standard P&amp;L system; standardizing currency units, expense codes, and accounting periods; applying validation rules to alert for missing, illogical, or duplicate data.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Cross-Department_Visibility_%E2%80%94_Ket_noi_tai_chinh_ban_hang_va_van_hanh\"><\/span><b>Cross-Department Visibility \u2014 Connecting finance, sales, and operations<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">EPM&#039;s particular strength lies in its ability to break down data barriers between departments. <strong>Finance<\/strong> The impact of actual sales and costs on the budget is immediately apparent. Department <strong>Sales and Marketing<\/strong> Access KPIs and revenue forecasts in real time. Department <strong>Operations and Production<\/strong> Gaining insight into cash flow and related budget consumption is crucial. The entire organization operates on a single dataset, improving interdepartmental collaboration and optimizing overall business performance.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Tich_hop_EPM_voi_cac_he_thong_ERP_lon\"><\/span><b>Integrating EPM with large ERP systems<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">EPM connects directly with many popular ERP platforms such as SAP (S\/4HANA, B1), Oracle Financials or NetSuite, Microsoft Dynamics 365, and custom internal systems. This integration enables automatic synchronization of revenue, expenses, accounts payable, cash flow, and budget planning\u2014completely eliminating manual data entry or file uploads.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"7_loi_ich_cua_EPM_minh_bach_du_lieu_cho_CFO_va_FP_A\"><\/span><b>7 Benefits of EPM (Exclusive Data Management) for CFOs and FP&amp;A<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">In a context where businesses increasingly rely on data for planning, forecasting, and decision-making, data transparency has become a top priority for CFOs and FP&amp;A teams. An EPM system is a strategic solution that helps standardize, consolidate, and control financial data\u2014ensuring all numbers are &quot;action-oriented and reliable.&quot;<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Giam_sai_lech_du_lieu_va_loi_thu_cong\"><\/span><b>Reduce data discrepancies and manual errors<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Previously, budgeting, forecasting, and report consolidation processes were often handled in Excel\u2014prone to data entry errors, formula mistakes, and version overlaps. EPM automates this entire process, eliminating manual data entry and aggregation; synchronizing data from multiple sources with just a few clicks; and ensuring every change is clearly documented. CFOs can be confident that every report accurately reflects operational reality, free from \u201cExcel risk.\u201d<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Tang_do_chinh_xac_va_kha_nang_truy_vet_so_lieu\"><\/span><b>Increase data accuracy and traceability.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">EPM provides audit trail \u2014 a detailed log of recorded events. <em>Who entered the data, when, and what changes were made?<\/em>This allows FP&amp;A to trace the origin of each figure; verify the logic and validity of the data; and easily explain it to the Audit Committee, Board of Directors, or independent auditors. Data transparency not only helps reports be &quot;accurate,&quot; but also helps CFOs prove that those figures are correct.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Hop_nhat_du_lieu_tai_chinh_tu_nhieu_he_thong\"><\/span><b>Consolidate financial data from multiple systems<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">EPM plays a role <strong>consolidation layer<\/strong>It connects with ERP, CRM, HRM, accounting systems, and internal files. As a result, financial data is updated automatically in real time; all departments work on the same unified data set; and delays in consolidating reports from multiple subsidiaries or units are significantly reduced. The result is a \u201cSingle Source of Truth\u201d\u2014a single, reliable data source for the entire organization.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Cai_thien_kha_nang_tuan_thu_chuan_muc_tai_chinh\"><\/span><b>Improve compliance with financial standards.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">EPM helps businesses standardize reporting structures and ensure compliance with international financial standards, including IFRS (International Financial Reporting Standards), VAS (Vietnam Accounting Standards), and SOX (Sarbanes-Oxley Act). The system automates the reconciliation process, eliminates internal transactions, records audit logs, and locks data by period \u2014 helping businesses <strong>Maintain transparency and be ready for audits at any time.<\/strong>.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Nang_cao_toc_do_phan_tich_va_ra_quyet_dinh\"><\/span><b>Improve the speed of analysis and decision making<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">With data consolidated and validated automatically, FP&amp;A can focus on <strong>analysis instead of data entry<\/strong>EPM provides intuitive dashboards for analyzing revenue, expense, and cash flow trends; scenario planning capabilities to assess the impact of market fluctuations; and real-time reporting to help CFOs react quickly to changes. Decision-making is no longer based on emotion, but on data. <strong>accurate and timely data<\/strong>.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Ho_tro_CFO_quan_ly_rui_ro_va_kiem_soat_du_lieu\"><\/span><b>Supporting CFOs in risk management and data control<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">EPM allows CFOs to quickly identify anomalies in the data; <strong><a href=\"https:\/\/bizzi.vn\/5-buoc-de-tu-dong-hoa-quy-trinh-phe-duyet-chi-phi\/\">Establish a multi-level approval process.<\/a><\/strong> To prevent errors; and to track access rights and edit history for each report. As a result, the system becomes... <strong>proactive financial data risk control tools<\/strong>, instead of only discovering the discrepancies after the report has been submitted.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Giam_phu_thuoc_vao_Excel_%E2%80%94_Tien_toi_nen_tai_chinh_hien_dai\"><\/span><b>Reduce reliance on Excel \u2014 Towards modern finance<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Excel remains useful, but as businesses grow, it&#039;s no longer sufficient to guarantee data integrity and transparency. EPM inherits Excel&#039;s flexibility but upgrades it with automated control and approval processes; a user-friendly yet secure data entry interface; and a centralized storage system with enterprise data management capabilities. This is the way forward. <strong>Move from manual Excel to a smart finance platform<\/strong>, where all data is controlled, connected, and transparent.<\/span><\/p>\n<figure style=\"width: 750px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" title=\"The EPM (Enterprise Performance Management) system was born as a strategic solution to standardize, consolidate and control financial data - ensuring that every number is &quot;actionable&quot;\" src=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/10\/epm-minh-bach-du-lieu-3.jpg\" alt=\"The EPM (Enterprise Performance Management) system was born as a strategic solution to standardize, consolidate and control financial data - ensuring that every number is &quot;actionable&quot;\" width=\"750\" height=\"515\" \/><figcaption class=\"wp-caption-text\">The EPM (Enterprise Performance Management) system was born as a strategic solution to standardize, consolidate and control financial data - ensuring that every number is &quot;actionable&quot;<\/figcaption><\/figure>\n<h2><span class=\"ez-toc-section\" id=\"EPM_va_kiem_soat_tuan_thu_du_lieu_tai_chinh_bao_mat_audit_va_GRC\"><\/span><b>EPM and financial data compliance control: security, audit, and GRC<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">In the modern financial environment, compliance and data control are vital. EPM not only assists in planning and reporting, but also serves as a comprehensive risk management and compliance control system for CFOs and FP&amp;A.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Tuan_thu_tai_chinh_va_dau_vet_kiem_toan\"><\/span><b>Financial compliance and audit trail<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">EPM records the entire history of data manipulation and changes (audit trail), allowing businesses to trace who made the changes, what changes were made, and when. This ensures transparency in the reporting process, meeting auditing standards such as IFRS, VAS, and SOX. All financial reports become transparent. <strong>audit-ready<\/strong> \u2014 Ready for audit at any time without further preparation.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Khung_quan_tri_rui_ro_va_kiem_soat_noi_bo_theo_vai_tro\"><\/span><b>Role-based risk management and internal control framework<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">EPM setup <strong>Risk &amp; Control Framework<\/strong> With strict role-based access control, the CFO has full overall oversight. FP&amp;A personnel can only edit data within their assigned areas. Other users only have the right to view reports. This access control mechanism prevents unintentional errors and unauthorized changes, protecting the integrity of financial data.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Truy_xuat_nguon_goc_du_lieu_va_tuan_thu_Dao_luat_Sarbanes%E2%80%93Oxley_SOX\"><\/span><b>Data traceability and compliance with the Sarbanes\u2013Oxley Act (SOX)<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">EPM ensures data traceability at every level\u2014from accounting transactions and cash flows to consolidated results. This is especially important to meet the Sarbanes-Oxley (SOX) standard and international financial regulations on transparency and internal controls. The ability to trace the entire data journey\u2014from ERP and CRM sources to the final report\u2014makes all changes verifiable and verifiable.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Kiem_soat_noi_bo_va_minh_bach_hoat_dong\"><\/span><b>Internal control and operational transparency<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">EPM establishes automated internal control mechanisms, detects and alerts to data discrepancies, supports management in approving reports, plans, and budgets; and increases data reliability before submission to management. The system acts as an automated quality control layer, ensuring all data is validated before decision-making.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Khung_Quan_tri_%E2%80%94_Rui_ro_%E2%80%94_Tuan_thu_GRC_Framework\"><\/span><b>Governance-Risk-Compliance Framework (GRC Framework)<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">EPM acts as a unified GRC platform with 3 dimensions: <strong>Government<\/strong> \u2014 Establish standardized data structures and reporting processes; <strong>Risk<\/strong> \u2014 Monitoring financial risks, deviations from plans, and cash flow; <strong>Compliance<\/strong> \u2014 ensuring compliance with accounting standards and audit requirements. CFOs and FP&amp;A can confidently make decisions based on transparent data, strict controls, and absolute compliance.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Ung_dung_cua_EPM_trong_minh_bach_du_lieu_tai_chinh_doanh_nghiep\"><\/span><b>Application of EPM in corporate financial data transparency<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">EPM systems play a central role in consolidating, standardizing, and monitoring financial data across the entire enterprise. Below are some practical applications that EPM brings to organizations.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"EPM_trong_Bao_cao_Hop_nhat_Consolidation_va_Reporting\"><\/span><b>EPM in the Consolidation and Reporting Report<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">EPM automatically consolidates financial data from multiple subsidiaries, departments, or regions, eliminating manual Excel operations. Accounting standards such as IFRS or VAS are applied throughout the consolidation process, ensuring consistent reporting and no data duplication; intercompany eliminations are automatically removed; and data is synchronized in real-time from ERP or accounting software.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Minh_bach_du_lieu_trong_Forecasting_va_Budgeting\"><\/span><b>Data transparency in forecasting and budgeting.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">In the process <strong>budgeting &amp; forecasting<\/strong>EPM helps automate the collection of historical and actual data from operating systems; ensures all assumptions and scenarios are recorded, controlled, and traceable; and displays real-time dashboards to help leaders compare them. <strong>plan \u2014 reality \u2014 latest forecast<\/strong>FP&amp;A can adjust forecasts as soon as actual changes occur, without waiting for the regular reporting cycle.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"EPM_giup_CFO_kiem_soat_rui_ro_du_lieu\"><\/span><b>EPM helps CFOs control data risks.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">CFOs often face risks from fragmented, inaccurate, or inconsistent data across systems. EPM helps by automatically checking data logic (validation rules), establishing audit trails to track changes, and providing alerts as soon as discrepancies are detected. CFOs don&#039;t need to wait until reports are submitted to know there&#039;s a problem \u2014 the system detects and notifies proactively.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Ung_dung_trong_mo_hinh_tap_doan_da_chi_nhanh\"><\/span><b>Applications in multi-branch corporate models<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">For corporations or businesses with multiple subsidiaries and branches, EPM provides standardization of accounting and reporting systems across units; automatically consolidates multinational data across multiple currencies and languages; and allows FP&amp;A to track the performance of each subsidiary within a single consolidated dashboard. This model helps the corporation operate as a unified entity rather than a collection of independent units.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Tang_niem_tin_voi_nha_dau_tu_va_kiem_toan_vien\"><\/span><b>Increase confidence with investors and auditors.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Data transparency is a key factor in helping businesses improve. <strong>credibility with investors<\/strong> Thanks to accurate and consistent financial reporting, time and costs are reduced across periods. <strong>financial audit<\/strong>; and it is easier to prove the data, its source, and the reporting process (data lineage). Businesses with transparent EPM often shorten the closing time for accounting records to 2\u20133 days instead of 2\u20133 weeks as before.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Cac_chi_so_danh_gia_hieu_qua_minh_bach_du_lieu_trong_EPM\"><\/span><b>Indicators for evaluating data transparency effectiveness in EPM<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Implementing EPM goes beyond automated planning and reporting; it also requires measuring the system&#039;s operational efficiency using specific KPIs. These KPIs help CFOs and FP&amp;A assess the transparency, accuracy, and control of financial data after EPM is implemented.<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>KPI<\/b><\/td>\n<td><b>Meaning and objectives<\/b><\/td>\n<td><b>Measure<\/b><\/td>\n<td><b>Target threshold<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>Data Accuracy Rate<\/b> (Data accuracy rate)<\/td>\n<td><span style=\"font-weight: 400;\">Evaluate the accuracy and consistency of post-consolidation financial data.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Exact records \/ Total records (%)<\/span><\/td>\n<td><span style=\"font-weight: 400;\">&gt;98%<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Consolidation Speed<\/b> (Data consolidation speed)<\/td>\n<td><span style=\"font-weight: 400;\">Measure the time it takes to complete consolidated financial statements.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Number of days\/reporting period to complete consolidation.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">&lt;1 day (real-time)<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Reporting Transparency Index<\/b> (Reporting Transparency Index)<\/td>\n<td><span style=\"font-weight: 400;\">Assess traceability and verify data.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Based on traceability, number of errors, and data source reliability.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">100% traceability<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Audit Compliance Score<\/b> (Audit compliance score)<\/td>\n<td><span style=\"font-weight: 400;\">Measure the extent to which internal audit and control standards are met.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Scoring is based on audit trail, role-based access, and audit readiness.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Complies with IFRS\/VAS\/SOX<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Data Error Rate<\/b> (Data error rate)<\/td>\n<td><span style=\"font-weight: 400;\">Monitor the frequency of data errors during the integration and consolidation process.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Number of errors generated \/ Total records processed (%)<\/span><\/td>\n<td><span style=\"font-weight: 400;\">&lt;0.5%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"So_sanh_EPM_ERP_va_BI_trong_quan_ly_du_lieu_%E2%80%94_Vi_sao_EPM_minh_bach_du_lieu_hon\"><\/span><b>Comparing EPM, ERP, and BI in data management \u2014 Why is EPM more transparent in terms of data?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">In the modern financial management ecosystem, three systems <strong>ERP \u2014 EPM \u2014 BI<\/strong> They are often mentioned together. However, each platform plays a different role in the data value chain, and only... <strong>EPM<\/strong> This is what truly helps businesses achieve transparency and consistency in financial data (single source of truth).<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Criteria<\/b><\/td>\n<td><b>ERP (Enterprise Resource Planning)<\/b><\/td>\n<td><b>BI (Business Intelligence)<\/b><\/td>\n<td><b>EPM (Enterprise Performance Management)<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>Main function<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Recording and processing <strong>operational transactions<\/strong>: accounting, purchasing, sales, inventory, human resources.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Visualization and <strong>data analysis<\/strong> from multiple sources to support decision making.<\/span><\/td>\n<td><span style=\"font-weight: 400;\"><strong>Financial performance management<\/strong>, plan, forecast, consolidate, and control enterprise data.<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>The nature of the data<\/b><\/td>\n<td><span style=\"font-weight: 400;\">The data is factual, detailed, and serves as a &quot;record of the past.&quot;<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Aggregated data, used for analysis and display.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Standardized, unified, and served data <strong>Planning \u2014 Forecasting \u2014 Strategic Analysis<\/strong>.<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Level of transparency<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Data is distributed modularly, with little ability to fully control.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Depending on the accuracy of the input data, <strong>no data origin management<\/strong>.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Have <strong>data governance, lineage tracking, audit trail<\/strong> \u2014 Transparent, traceable, and verifiable data.<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Integration capabilities<\/b><\/td>\n<td><span style=\"font-weight: 400;\">No multi-company data consolidation.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Consolidate via manual reporting or temporary connections.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Automatically merge data from multiple systems \u2192 <strong>Single Source of Truth<\/strong>.<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Compliance and control<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Limited in accounting process, not ensuring IFRS\/SOX standards for the whole enterprise.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">No compliance control function.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Integration <strong>risk &amp; control framework<\/strong>, audit-ready and ensure compliance with international accounting standards.<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Main users<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Accounting, operations, human resources.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Data analysis, marketing, sales.<\/span><\/td>\n<td><span style=\"font-weight: 400;\"><strong>CFO, FP&amp;A, Board of Directors<\/strong>, internal audit department.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">EPM offers greater data transparency than ERP and BI for four main reasons: data governance rather than just storage (EPM controls the data lifecycle from entry, consolidation, approval to reporting); data governance and lineage enable traceability of each number; automatic standardization and consolidation across multiple ERP\/CRM systems; and audit-ready and compliance with IFRS, VAS, and SOX standards.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"EPM_minh_bach_du_lieu_Cau_hoi_thuong_gap_tu_CFO_va_FP_A\"><\/span><b>EPM data transparency: Frequently asked questions from CFOs and FP&amp;A<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"EPM_giup_minh_bach_du_lieu_tai_chinh_nhu_the_nao\"><\/span><b>How does EPM help make financial data transparent?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">EPM centralizes and standardizes all financial data from multiple sources (ERP, accounting, CRM, Excel files) in a single system \u2014 Single Source of Truth. The system records the entire process of data entry, processing, and consolidation, ensuring that every figure is clearly traceable, thereby creating transparency and consistency in financial reporting.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"EPM_co_the_dam_bao_tinh_chinh_xac_du_lieu_khong\"><\/span><b>Can EPM guarantee data accuracy?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Yes. EPM employs an ETL (Extract-Transform-Load) process along with automated data validation rules to eliminate errors, duplications, or formatting issues. Additionally, its metadata and master data management system ensures consistency in account categories, expense codes, and currencies\u2014guaranteeing accuracy and consistency throughout the entire organization.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Du_lieu_trong_EPM_co_the_truy_vet_va_kiem_toan_duoc_khong\"><\/span><b>Is the data in EPM traceable and auditable?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Absolutely. EPM is designed with audit trail and data lineage tracking\u2014recording the entire history of data changes: who made the changes, when, and what changes were made. The system allows auditors to trace back to the original data source in the ERP or accounting department, and financial reports become audit-ready, meeting IFRS, VAS, and SOX standards.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Lam_sao_EPM_giup_CFO_tin_tuong_vao_so_lieu_bao_cao\"><\/span><b>How does EPM help CFOs trust reporting data?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Thanks to Single Source of Truth, every department in the business works on the same validated data set. CFOs can monitor dashboards in real-time and view consolidated reports without waiting for manual aggregation. Every change is recorded, traceable, and verifiable. EPM eliminates the doubt between \u201cdepartmental reports\u201d and \u201cactual reports,\u201d providing absolute data confidence for CFOs and FP&amp;A in all financial decisions.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"EPM_khac_gi_so_voi_chi_dung_Excel_de_quan_ly_du_lieu_tai_chinh\"><\/span><b>How is EPM different from simply using Excel to manage financial data?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Excel processes data in individual files, lacks version control, doesn&#039;t track change history, and is prone to formula errors. EPM provides a centralized environment where data from all systems is automatically merged, all changes are monitored and recorded, and CFOs can rely on displayed figures without manual verification. EPM transforms Excel from a storage tool into a true data management platform.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Ket_luan\"><\/span><b>Conclude<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">EPM&#039;s data transparency is the foundation for automating financial reporting, helping CFOs, FP&amp;A, and management make decisions based on accurate, traceable, and audit-ready data.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Through its five core components\u2014data governance, data accuracy and integrity, data consolidation, data lineage, and a single source of truth\u2014the EPM system transforms dispersed financial data into a unified, reliable, and verifiable source at every level of the organization.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When data is transparent, businesses not only have accurate reports\u2014but also build a data-driven decision-making culture, the foundation for effective competition in the era of digital transformation.<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>In the data age, businesses cannot manage performance if data is not transparent, unified, and consistent.<\/p>","protected":false},"author":56,"featured_media":999979038,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[54],"tags":[],"class_list":["post-999979033","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-so-tay-ke-toan"],"acf":[],"_links":{"self":[{"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/posts\/999979033","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/comments?post=999979033"}],"version-history":[{"count":3,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/posts\/999979033\/revisions"}],"predecessor-version":[{"id":999980386,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/posts\/999979033\/revisions\/999980386"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/media\/999979038"}],"wp:attachment":[{"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/media?parent=999979033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/categories?post=999979033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/tags?post=999979033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}