{"id":999979172,"date":"2025-11-10T16:42:28","date_gmt":"2025-11-10T09:42:28","guid":{"rendered":"https:\/\/bizzi.vn\/?p=999979172"},"modified":"2026-06-09T13:36:54","modified_gmt":"2026-06-09T06:36:54","slug":"why-do-businesses-need-epm-planning","status":"publish","type":"post","link":"https:\/\/bizzi.vn\/en\/why-do-businesses-need-epm-planning\/","title":{"rendered":"What is EPM? Why do businesses need EPM for effective planning and forecasting?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">In a world where data and speed of decision making are increasingly crucial, businesses cannot rely on Excel or manual processes alone. They need a tool that can connect all financial and operational data, simulate scenarios and support accurate real-time decision making.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">That is it. <\/span><b>EPM \u2013 Enterprise Performance Management<\/b><span style=\"font-weight: 400;\">, the platform helps <\/span><b>Enterprise Planning (EPM Planning)<\/b><span style=\"font-weight: 400;\">, forecast (<\/span><b>EPM forecasting<\/b><span style=\"font-weight: 400;\">) and comprehensive performance analysis, ushering in an era of proactive, transparent and intelligent finance.<\/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' ><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/bizzi.vn\/en\/why-do-businesses-need-epm-planning\/#1_EPM_la_gi_Enterprise_Performance_Management\" >1. What is EPM? (Enterprise Performance Management)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/bizzi.vn\/en\/why-do-businesses-need-epm-planning\/#2_Vi_sao_EPM_tro_thanh_xu_huong_thay_the_Excel_va_quy_trinh_thu_cong\" >2. Why is EPM becoming a trend to replace Excel and manual processes?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/bizzi.vn\/en\/why-do-businesses-need-epm-planning\/#3_Vai_tro_cua_EPM_trong_chuyen_doi_so_tai_chinh_Digital_Finance_Transformation\" >3. The role of EPM in Digital Finance Transformation<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/bizzi.vn\/en\/why-do-businesses-need-epm-planning\/#EPM_Planning_Cach_lap_ke_hoach_tai_chinh_thong_minh_chinh_xac_hon\" >EPM Planning: How to create a smarter and more accurate financial plan.<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/bizzi.vn\/en\/why-do-businesses-need-epm-planning\/#1_Quy_trinh_lap_ke_hoach_tai_chinh_bang_EPM\" >1. Financial planning process using EPM<\/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\/why-do-businesses-need-epm-planning\/#2_Cac_ky_thuat_lap_ke_hoach_hien_dai\" >2. Modern planning techniques:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/bizzi.vn\/en\/why-do-businesses-need-epm-planning\/#EPM_Forecasting_la_gi\" >What is EPM Forecasting?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/bizzi.vn\/en\/why-do-businesses-need-epm-planning\/#1_Khai_niem_va_vai_tro\" >1. Concept and role<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/bizzi.vn\/en\/why-do-businesses-need-epm-planning\/#2_Phuong_phap_va_ky_thuat_trong_EPM_forecasting\" >2. Methods and techniques in EPM forecasting<\/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\/why-do-businesses-need-epm-planning\/#3_EPM_tang_toc_du_bao_Forecast_Acceleration\" >3. Forecast Acceleration EPM<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/bizzi.vn\/en\/why-do-businesses-need-epm-planning\/#He_sinh_thai_EPM_ket_noi_lap_ke_hoach_du_bao_va_quan_ly_tai_chinh_doanh_nghiep\" >EPM ecosystem: connecting planning, forecasting and corporate financial management<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/bizzi.vn\/en\/why-do-businesses-need-epm-planning\/#1_Lien_ket_EPM_voi_cac_module_Bizzi_khac\" >1. Link EPM with other Bizzi modules<\/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\/why-do-businesses-need-epm-planning\/#2_Loi_ich_tong_hop_khi_ket_hop_EPM_Bizzi_Platform\" >2. Combined benefits of combining EPM + Bizzi Platform<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/bizzi.vn\/en\/why-do-businesses-need-epm-planning\/#Top_5_loi_ich_cua_EPM_Forecasting_giup_doanh_nghiep_tang_toc_ra_quyet_dinh_chinh_xac\" >Top 5 benefits of EPM Forecasting to help businesses accelerate and make accurate decisions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/bizzi.vn\/en\/why-do-businesses-need-epm-planning\/#1_Tang_toc_chu_ky_lap_ke_hoach_Forecast_Cycle_Time\" >1. Accelerate Forecast Cycle Time<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/bizzi.vn\/en\/why-do-businesses-need-epm-planning\/#2_Nang_cao_do_chinh_xac_Forecast_Accuracy\" >2. Improve Forecast Accuracy<\/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\/why-do-businesses-need-epm-planning\/#3_Giam_chi_phi_van_hanh_FP_A\" >3. Reduce FP&amp;A operating costs<\/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\/why-do-businesses-need-epm-planning\/#4_Toi_uu_ra_quyet_dinh_chien_luoc\" >4. Optimize strategic decision making<\/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\/why-do-businesses-need-epm-planning\/#5_Gia_tang_ROI_gia_tri_doanh_nghiep\" >5. Increase ROI &amp; business value<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/bizzi.vn\/en\/why-do-businesses-need-epm-planning\/#So_sanh_EPM_va_ExcelERP_truyen_thong\" >Comparison of EPM and traditional Excel\/ERP<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/bizzi.vn\/en\/why-do-businesses-need-epm-planning\/#Ung_dung_EPM_Forecasting_trong_san_xuat_ban_le_dich_vu_tai_chinh\" >EPM Forecasting Applications in Manufacturing, Retail, Services &amp; Finance<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/bizzi.vn\/en\/why-do-businesses-need-epm-planning\/#1_Nganh_San_Xuat_Manufacturing\" >1. Manufacturing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/bizzi.vn\/en\/why-do-businesses-need-epm-planning\/#2_Nganh_Ban_Le_Retail\" >2. Retail Industry<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/bizzi.vn\/en\/why-do-businesses-need-epm-planning\/#3_Nganh_Dich_Vu_Chuoi_F_B\" >3. Service Industry \/ F&amp;B Chain<\/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\/why-do-businesses-need-epm-planning\/#4_Nganh_Bat_Dong_San_Xay_Dung\" >4. Real Estate &amp; Construction Industry<\/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\/why-do-businesses-need-epm-planning\/#5_Nganh_Tai_Chinh_%E2%80%93_Ngan_Hang\" >5. Finance and Banking Industry<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/bizzi.vn\/en\/why-do-businesses-need-epm-planning\/#KPI_quan_trong_danh_gia_hieu_qua_EPM_forecasting_va_planning\" >Important KPIs to evaluate the effectiveness of EPM forecasting and planning<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/bizzi.vn\/en\/why-do-businesses-need-epm-planning\/#Ket_luan\" >Conclude<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"1_EPM_la_gi_Enterprise_Performance_Management\"><\/span><b>1. <a href=\"https:\/\/bizzi.vn\/epm-la-gi\/\">What is EPM?<\/a> (Enterprise Performance Management)<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">In the data age, businesses need more than an accounting tool. They need a <\/span><b>&quot;strategic brain&quot;<\/b><span style=\"font-weight: 400;\"> \u2014 where performance can be planned, forecasted, analyzed, and tracked in real time. That&#039;s the role of <\/span><b>EPM (Enterprise Performance Management)<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-999979174 size-large aligncenter\" src=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/11\/epm-minh-bach-du-lieu-4-1024x585.webp\" alt=\"epm planning\" width=\"1024\" height=\"585\" title=\"\" srcset=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/11\/epm-minh-bach-du-lieu-4-1024x585.webp 1024w, https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/11\/epm-minh-bach-du-lieu-4-300x171.webp 300w, https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/11\/epm-minh-bach-du-lieu-4-768x439.webp 768w, https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/11\/epm-minh-bach-du-lieu-4-1536x878.webp 1536w, https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/11\/epm-minh-bach-du-lieu-4-18x10.webp 18w, https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/11\/epm-minh-bach-du-lieu-4.webp 1792w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">EPM is an enterprise performance management system that helps <\/span><b>Connect all financial and operational data<\/b><span style=\"font-weight: 400;\"> into a single platform. Instead of managing it separately on Excel, EPM integrates tightly with <\/span><b>ERP, CRM, BI<\/b><span style=\"font-weight: 400;\"> to provide a holistic view for CFO and FP&amp;A in planning, analysis, and forecasting.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In other words, EPM helps turn past data into future insights, supporting leaders in making data-driven decision making.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Vi_sao_EPM_tro_thanh_xu_huong_thay_the_Excel_va_quy_trinh_thu_cong\"><\/span><b>2. Why is EPM becoming a trend to replace Excel and manual processes?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">For many years, Excel was the \u201cking\u201d of <a href=\"https:\/\/bizzi.vn\/tai-sao-can-lap-ke-hoach-tai-chinh\/\">financial planning<\/a>. But as businesses expand, data becomes more complex, and decision-making speeds up \u2014 <a href=\"https:\/\/bizzi.vn\/excel-vs-epm\/\">Excel is no longer powerful.<\/a><\/span><\/p>\n<p><b>EPM was born to solve those limitations:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Make fast decisions based on real-time data:<\/b><span style=\"font-weight: 400;\"> CFOs can update forecasts instantly when there are changes from the market or department.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Eliminate manual and errors:<\/b><span style=\"font-weight: 400;\"> The system automatically synthesizes data, replacing error-prone manual data entry processes.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Support modern techniques:<\/b><span style=\"font-weight: 400;\"> Rolling forecasts, what-if analysis, driver-based planning \u2014 features that Excel finds difficult to implement effectively.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>AI &amp; RPA Integration:<\/b><span style=\"font-weight: 400;\"> EPM solutions<\/span><span style=\"font-weight: 400;\">\u00a0AI applications forecast, automatically collect data, reduce forecast time from weeks to days.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Financial User Friendly:<\/b><span style=\"font-weight: 400;\"> The Excel-like interface, requiring no programming, makes the tool easy for FP&amp;A to master.<\/span><\/li>\n<\/ul>\n<p><img decoding=\"async\" class=\"wp-image-999979175 size-full aligncenter\" src=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/11\/EPM-tro-thanh-xu-huong-thay-the-Excel.webp\" alt=\"EPM becomes a trend to replace Excel\" width=\"724\" height=\"483\" title=\"\" srcset=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/11\/EPM-tro-thanh-xu-huong-thay-the-Excel.webp 724w, https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/11\/EPM-tro-thanh-xu-huong-thay-the-Excel-300x200.webp 300w, https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/11\/EPM-tro-thanh-xu-huong-thay-the-Excel-18x12.webp 18w\" sizes=\"(max-width: 724px) 100vw, 724px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Businesses using modern EPM can reduce <\/span><b>50\u201380% forecast time<\/b><span style=\"font-weight: 400;\">, while increasing accuracy with real-time data.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Vai_tro_cua_EPM_trong_chuyen_doi_so_tai_chinh_Digital_Finance_Transformation\"><\/span><b>3. The role of EPM in Digital Finance Transformation<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">EPM is more than just software \u2013 it is the core foundation of <\/span><b>Digital Finance<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Financial &amp; Operational Data Integration:<\/b><span style=\"font-weight: 400;\"> Connect departments (Sales, Production, Human Resources, Purchasing) on the same system, helping CFOs control and optimize capital resources.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Support \u201cAgile Planning\u201d and \u201cReal-time Forecasting\u201d strategies:<\/b><span style=\"font-weight: 400;\"> CFOs can simulate multiple scenarios to adapt to rapid market fluctuations.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Part of the Bizzi ecosystem:<\/b><span style=\"font-weight: 400;\"> Combine with Bizzi solutions such as Expense, ARM, B-Invoice, IPA,.. to create an automated, transparent and unified financial process.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">EPM is the foundation of <\/span><b>real-time finance<\/b><span style=\"font-weight: 400;\">, where data is updated instantly and decisions are made based on insight instead of gut feeling.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"EPM_Planning_Cach_lap_ke_hoach_tai_chinh_thong_minh_chinh_xac_hon\"><\/span><b>EPM Planning: How to create a smarter and more accurate financial plan.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">In modern businesses, financial planning is not just about budgeting, but also about ensuring flexibility and quick response to fluctuations. This is why <\/span><b>epm planning<\/b><span style=\"font-weight: 400;\"> become the core tool to help CFOs and FP&amp;A automate processes and control the entire financial cycle on a unified platform.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Quy_trinh_lap_ke_hoach_tai_chinh_bang_EPM\"><\/span><b>1. Financial planning process using EPM<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Instead of using dozens of separate Excel files, EPM provides a unified process:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Data collection:<\/b><span style=\"font-weight: 400;\"> The system automatically retrieves data from ERP, CRM, accounting, banking...<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Budgeting:<\/b><span style=\"font-weight: 400;\"> Build a company-wide or departmental budget plan.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Scenario analysis:<\/b><span style=\"font-weight: 400;\"> Simulate \u201cwhat-if\u201d scenarios to see the impact of volatility.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Monitor &amp; Adjust:<\/b><span style=\"font-weight: 400;\"> Compare plan and reality, update forecast continuously.<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">EPM helps <\/span><b>FP&amp;A focuses on value analysis rather than manual data entry<\/b><span style=\"font-weight: 400;\">, while reducing errors and increasing response speed.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Cac_ky_thuat_lap_ke_hoach_hien_dai\"><\/span><b>2. Modern planning techniques:<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Modern EPM enables CFOs and FP&amp;A to deploy advanced planning methods:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Driver-Based Planning:<\/b><span style=\"font-weight: 400;\"> Plan based on key drivers (revenue, costs, personnel).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Scenario Planning:<\/b><span style=\"font-weight: 400;\"> Simulate multiple financial scenarios: optimistic, baseline, pessimistic.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Top-down &amp; Bottom-up Planning:<\/b><span style=\"font-weight: 400;\"> Combine strategic direction from leadership and real-world department data.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">These techniques help businesses react flexibly and ensure that plans are always \u201calive\u201d with reality.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"EPM_Forecasting_la_gi\"><\/span><b>What is EPM Forecasting?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">As the market changes constantly, static forecasts are no longer effective. <\/span><b>EPM forecasting<\/b><span style=\"font-weight: 400;\"> was born to help businesses predict and react faster, through real-time data updates and flexible forecasting models.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Solution <\/span><b>epm accelerated forecasting<\/b><span style=\"font-weight: 400;\"> This helps FP&amp;A not only monitor but also proactively control financial factors, delivering superior proactiveness and accuracy in each forecast period.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Khai_niem_va_vai_tro\"><\/span><b>1. Concept and role<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Forecasting is the heart of an EPM system \u2014 helping businesses <\/span><b>forecast future revenue, expenses, cash flow, and profits<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Instead of static budgeting, modern businesses are moving towards <\/span><b>rolling forecast<\/b><span style=\"font-weight: 400;\"> \u2013 continuous forecasting by month or quarter, flexible to fluctuations.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Phuong_phap_va_ky_thuat_trong_EPM_forecasting\"><\/span><b>2. Methods and techniques in EPM forecasting<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">EPM supports many techniques to help CFOs have a more comprehensive view:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Predictive Analytics &amp; AI Forecasting:<\/b><span style=\"font-weight: 400;\"> Analyze data trends for more accurate predictions.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>What-if Analysis:<\/b><span style=\"font-weight: 400;\"> Simulate the impact of market fluctuations, exchange rates, and costs.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Variance Analysis:<\/b><span style=\"font-weight: 400;\"> Measure the difference between forecast and actual.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Continuous Forecasting:<\/b><span style=\"font-weight: 400;\"> Dynamic forecast updates as new data becomes available.<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"3_EPM_tang_toc_du_bao_Forecast_Acceleration\"><\/span><b>3. Forecast Acceleration EPM<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">EPM helps reduce <\/span><b>Forecast Cycle Time<\/b><span style=\"font-weight: 400;\"> from weeks to days thanks to:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Automatic data collection<\/b><span style=\"font-weight: 400;\"> from ERP, accounting, BI.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Real-time update:<\/b><span style=\"font-weight: 400;\"> Any changes from departments are immediately reflected in the forecast.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Automatic Workflow:<\/b><span style=\"font-weight: 400;\"> Support fast and transparent review \u2013 approval process.<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"He_sinh_thai_EPM_ket_noi_lap_ke_hoach_du_bao_va_quan_ly_tai_chinh_doanh_nghiep\"><\/span><b>EPM ecosystem: connecting planning, forecasting and corporate financial management<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">A powerful EPM system does not work alone. When integrated with other financial automation solutions, it becomes <\/span><b>A comprehensive performance management platform.<\/b><\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Lien_ket_EPM_voi_cac_module_Bizzi_khac\"><\/span><b>1. Link EPM with other Bizzi modules<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Bizzi is under construction <\/span><b>Finance Automation Platform<\/b><span style=\"font-weight: 400;\"> \u2013 a comprehensive fintech ecosystem in which <\/span><b>EPM<\/b><span style=\"font-weight: 400;\">\u00a0Act as a central hub for data connectivity and decision coordination.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Bizzi Expense:<\/b><span style=\"font-weight: 400;\"> Helping businesses control spending according to budget and plan, data is synchronized directly into EPM&#039;s cost forecast module, ensuring forecasts always reflect operational reality.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Bizzi ARM (Account Receivable Management):<\/b><span style=\"font-weight: 400;\"> Managing debt and cash flow due helps EPM accurately forecast cashflow and liquidity.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>B-Invoice:<\/b><span style=\"font-weight: 400;\"> Export and manage output electronic invoices\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Bizzi Bot + IPA:<\/b><span style=\"font-weight: 400;\"> Automate data entry and invoice reconciliation, reducing up to 90% of manual work and human error during planning.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Thanks to this seamless connection, <\/span><b>EPM is no longer a stand-alone tool<\/b><span style=\"font-weight: 400;\"> but become the central \u201cdata hub\u201d in the entire financial process.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Loi_ich_tong_hop_khi_ket_hop_EPM_Bizzi_Platform\"><\/span><b>2. Combined benefits of combining EPM + Bizzi Platform<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The combination of EPM and Bizzi modules provides synergistic benefits, creating a process <\/span><b>\u201cClosed-loop Financial Planning\u201d<\/b><span style=\"font-weight: 400;\"> \u2013 where plans, forecasts and actual data continuously interact with each other:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Closed-loop financial planning:<\/b><span style=\"font-weight: 400;\"> Actual data from ERP, invoices, and expenses is pushed back into the EPM system, keeping plans and forecasts calibrated in real time.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Real-time dashboard:<\/b><span style=\"font-weight: 400;\"> Leaders can track KPIs, budget fluctuations, and forecast costs and revenues on a daily basis.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Financial agility:<\/b><span style=\"font-weight: 400;\"> CFOs and FP&amp;A are able to react quickly to market changes, thanks to continuous forecasting and flexible simulation.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">When EPM operates within the Bizzi ecosystem, businesses not only digitize their financial processes but also achieve <\/span><b>\u201cintelligent finance\u201d<\/b><span style=\"font-weight: 400;\"> \u2013 proactive and data-driven finance.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Top_5_loi_ich_cua_EPM_Forecasting_giup_doanh_nghiep_tang_toc_ra_quyet_dinh_chinh_xac\"><\/span><b>Top 5 benefits of EPM Forecasting to help businesses accelerate and make accurate decisions<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Businesses are looking for ways to optimize financial processes, reduce FP&amp;A workload, and improve forecasting quality. <\/span><b>EPM forecasting<\/b><span style=\"font-weight: 400;\"> is the key to helping them achieve that. Here are five outstanding benefits that <\/span><b>epm accelerated forecasting<\/b><span style=\"font-weight: 400;\"> bring to modern financial institutions.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Tang_toc_chu_ky_lap_ke_hoach_Forecast_Cycle_Time\"><\/span><b>1. Accelerate Forecast Cycle Time<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">EPM automates the entire process from data collection \u2192 analysis \u2192 reporting, helping FP&amp;A reduce forecast cycles from weeks to just days.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Nang_cao_do_chinh_xac_Forecast_Accuracy\"><\/span><b>2. Improve Forecast Accuracy<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">EPM connects data from multiple sources, updates in real time, and eliminates manual entry errors, helping forecasts more accurately reflect real-world situations.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Giam_chi_phi_van_hanh_FP_A\"><\/span><b>3. Reduce FP&amp;A operating costs<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Automation and system integration help businesses cut personnel costs, processing time and reduce dependence on IT.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_Toi_uu_ra_quyet_dinh_chien_luoc\"><\/span><b>4. Optimize strategic decision making<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">CFOs and CEOs can access quick, intuitive insights from analytical dashboards, supporting investment decisions, capital allocation, and strategic planning.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_Gia_tang_ROI_gia_tri_doanh_nghiep\"><\/span><b>5. Increase ROI &amp; business value<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">EPM saves costs, reduces errors, and increases productivity \u2014 with financial results seen within just 3\u20136 months of implementation.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"So_sanh_EPM_va_ExcelERP_truyen_thong\"><\/span><b>Comparison of EPM and traditional Excel\/ERP<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Most businesses still rely on Excel or traditional ERP for financial management. However, as the scale and speed of business increase, these tools show their limitations. Here is a specific comparison showing <\/span><b>epm planning<\/b><span style=\"font-weight: 400;\"> and <\/span><b>EPM Forecasting<\/b><span style=\"font-weight: 400;\">\u00a0How does it excel in increasing speed, improving accuracy, and reducing operating costs?<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Criteria<\/b><\/td>\n<td><b>Traditional Excel \/ ERP<\/b><\/td>\n<td><b>EPM Forecasting<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/td>\n<\/tr>\n<tr>\n<td><b>Forecast time<\/b><\/td>\n<td><span style=\"font-weight: 400;\">2\u20133 weeks, depending on manual data entry and compilation<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3\u20135 days thanks to automation and real-time data<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Accuracy<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Easy to deviate, disjointed between departments, difficult to control version<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Centralized data, real-time updates, reducing errors and duplication<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Scenario Analysis<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Limitation, must create many separate Excel files<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Built-in what-if, driver-based planning, flexible simulation on one platform<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>IT Dependence<\/b><\/td>\n<td><span style=\"font-weight: 400;\">High \u2013 need IT support every time model is updated<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Low \u2013 Excel-like interface, FP&amp;A operates automatically without coding<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Integration capabilities<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Tied to ERP, lack of operational data or CRM<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Direct connection to ERP, CRM, BI \u2192 create a comprehensive financial picture<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>ROI (return on investment)<\/b><\/td>\n<td><span style=\"font-weight: 400;\">12\u201318 months, high maintenance cost<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3\u20136 months, fast deployment, lower cost than 40%<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Scalability<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Difficulty with data increase, need to upgrade system<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Easily scalable to multiple units, branches, and countries<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Collaboration<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Send files via email, easy to duplicate versions<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Work simultaneously on the same model, with version control<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>User experience<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Disjointed, complex interface<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Intuitive, friendly, like Excel but much more powerful<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>Further analysis:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Excel and traditional ERP<\/b><span style=\"font-weight: 400;\"> only reflects the past. EPM helps businesses <\/span><b>looking to the future<\/b><span style=\"font-weight: 400;\"> with rolling forecast.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Transactional ERP<\/b><span style=\"font-weight: 400;\">, while <\/span><b>EPM handles strategic (strategic)<\/b><span style=\"font-weight: 400;\"> \u2014 helps CFOs and FP&amp;A make decisions based on holistic data, not just accounting books.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><b>EPM <\/b><\/span><span style=\"font-weight: 400;\">especially suitable for Vietnamese businesses thanks to its ability <\/span><b style=\"font-weight: 400;\">keep Excel formula<\/b><span style=\"font-weight: 400;\">, <\/span><b style=\"font-weight: 400;\">no code required<\/b><span style=\"font-weight: 400;\">, and <\/span><b style=\"font-weight: 400;\">rapid deployment<\/b><span style=\"font-weight: 400;\"> \u2013 helps FP&amp;A to be completely proactive without depending on IT.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">EPM not just replaces Excel, but is <\/span><b>a major step forward in modern financial management capacity<\/b><span style=\"font-weight: 400;\">, helping businesses move from reactive to proactive operations, based on data and intelligent simulation models.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Ung_dung_EPM_Forecasting_trong_san_xuat_ban_le_dich_vu_tai_chinh\"><\/span><b>EPM Forecasting Applications in Manufacturing, Retail, Services &amp; Finance<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Customization is one of EPM&#039;s greatest strengths. Depending on the industry, <\/span><b>EPM forecasting<\/b><span style=\"font-weight: 400;\"> can be designed to forecast revenue, costs or cash flow, helping managers make quick and accurate decisions. Below are specific application examples in each field.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Nganh_San_Xuat_Manufacturing\"><\/span><b>1. Manufacturing<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Challenge:<\/b><span style=\"font-weight: 400;\"> Supply chains fluctuate, raw material costs change, and production demands are unstable.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>EPM Solution:<\/b>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Forecast output based on factory capacity and market demand.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Optimize costs of raw materials, human resources and energy.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Plan production under multiple scenarios: high demand, low demand, fluctuating transportation costs.<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Benefit:<\/b><span style=\"font-weight: 400;\"> Help factories reduce inventory by 10\u201320% and increase working capital efficiency.<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"2_Nganh_Ban_Le_Retail\"><\/span><b>2. Retail Industry<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Challenge:<\/b><span style=\"font-weight: 400;\"> Seasonality, rapidly changing consumer behavior, data scattered across multiple branches.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>EPM Solution:<\/b>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Analyze revenue by region, product group, and time.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Seasonal and promotion-driven forecasting.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Directly connect data from your POS or CRM system to your EPM dashboard.<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Benefit:<\/b><span style=\"font-weight: 400;\"> Helps retailers optimize inventory, accurately predict demand, and make more effective promotional decisions.<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"3_Nganh_Dich_Vu_Chuoi_F_B\"><\/span><b>3. Service Industry \/ F&amp;B Chain<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Challenge:<\/b><span style=\"font-weight: 400;\"> Fluctuations in raw material prices, labor costs and revenue are uneven among branches.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>EPM Solution:<\/b>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Track revenue and expenses of each branch in real time.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Forecast operating costs, profits and break-even points.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Simulate the impact of raw material prices, customer volume, or marketing campaigns.<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Benefit:<\/b><span style=\"font-weight: 400;\"> Optimize profits, improve net profit margins and respond quickly to market price changes.<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"4_Nganh_Bat_Dong_San_Xay_Dung\"><\/span><b>4. Real Estate &amp; Construction Industry<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Challenge:<\/b><span style=\"font-weight: 400;\"> Long-term project cash flow, multiple funding sources and schedule changes.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>EPM Solution:<\/b>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Manage and forecast project cash flow according to construction progress.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Control investment budget, incurred costs and stage profits.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Combine ERP data and project planning in a single dashboard.<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Benefit:<\/b><span style=\"font-weight: 400;\"> Improve capital control, reduce liquidity risk and increase efficiency of investment capital use.<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"5_Nganh_Tai_Chinh_%E2%80%93_Ngan_Hang\"><\/span><b>5. Finance and Banking Industry<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Challenge:<\/b><span style=\"font-weight: 400;\"> Managing credit risk, interest rate volatility and interbank cash flow.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>EPM Solution:<\/b>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Portfolio risk modeling.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Forecast short and long term cash flow.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Monitor liquidity ratios and capital adequacy ratios.<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Benefit:<\/b><span style=\"font-weight: 400;\"> Help banks optimize cash flow, control risks and meet Basel II\/III standards.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Thanks to the ability to simulate, analyze multidimensionally and drill-down data from overview to detail, <\/span><b>EPM becomes a \u201cfast decision-making tool\u201d for all fields<\/b><span style=\"font-weight: 400;\">, especially when businesses need to react immediately to market fluctuations.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"KPI_quan_trong_danh_gia_hieu_qua_EPM_forecasting_va_planning\"><\/span><b>Important KPIs to evaluate the effectiveness of EPM forecasting and planning<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">A system <\/span><b>epm planning and forecasting<\/b><span style=\"font-weight: 400;\"> EPM is only truly effective when the business has a clear measurement mechanism. The following KPIs help CFOs and FP&amp;A assess the success of EPM implementation and continuously improve internal financial performance.<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>KPI<\/b><\/td>\n<td><b>Meaning<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Forecast Cycle Time (hours\/day)<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Time to complete a forecast cycle; reflects performance and automation capabilities.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Forecast Accuracy (%)<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Accuracy between forecast and actual results; assessment of data and model quality.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Budget vs Actual Variance (%)<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Variance between plan and actual; helps FP&amp;A identify deviations early.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Time-to-Insight<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Time from data acquisition to generating actionable insights for leadership.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">ROI of EPM (3\u20136 months)<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Payback period of the system; reflects the efficiency of financial technology investment.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">Continuously monitoring these KPIs helps businesses not only optimize EPM operations but also continuously improve decision-making accuracy and speed across the organization.<\/span><\/p>\n<p><b><br \/>\n<\/b><b>EPM Planning &amp; Forecasting: 10 Frequently Asked Questions from CFO &amp; FP&amp;A<\/b><\/p>\n<ol>\n<li><b> How does EPM help with financial planning?<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">EPM automatically collects data from ERP, CRM, and departments, helping FP&amp;A budget, simulate scenarios, and track plans in real time\u2014replacing manual Excel processes.<\/span><\/p>\n<ol start=\"2\">\n<li><b> How does EPM accelerate the revenue forecasting process?<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">By automating and continuously rolling forecasts, EPM helps shorten forecasting time from weeks to days, increasing accuracy and speed of decision making.<\/span><\/p>\n<ol start=\"3\">\n<li><b> What are the outstanding features of Bizzi EPM?<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Bizzi EPM supports financial planning, forecasting, consolidation, and reporting with a user-friendly Excel interface, and direct integration with ERP, CRM, BI, and electronic invoicing systems.<\/span><\/p>\n<ol start=\"4\">\n<li><b> Which businesses are suitable for implementing EPM?<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Suitable for medium and large sized businesses (revenue &gt;200 billion), need to plan - forecast - consolidate financial data and want to reduce IT dependence.<\/span><\/p>\n<ol start=\"5\">\n<li><b> How is EPM different from ERP or Excel?<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">ERP manages transactions, while EPM helps forecast and make strategic decisions. Bizzi EPM shortens forecast time to 3\u20135 days, ROI only 3\u20136 months.<\/span><\/p>\n<ol start=\"6\">\n<li><b> Does EPM integrate ERP?<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Yes. Bizzi EPM connects directly to SAP, Oracle, Dynamics\u2026 via API or CSV, automatically syncing data without changing existing ERP.<\/span><\/p>\n<ol start=\"7\">\n<li><b> Does EPM have risk and scenario simulation?<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Yes. Supports what-if analysis and driver-based planning, helping CFOs quickly assess the impact of fluctuations in revenue, costs, or exchange rates.<\/span><\/p>\n<ol start=\"8\">\n<li><b> How does EPM help CFOs make faster decisions?<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Real-time KPI dashboards and drill-down reports help CFOs gain a complete financial picture, detect discrepancies, and take immediate action.<\/span><\/p>\n<ol start=\"9\">\n<li><b> Does EPM offload FP&amp;A?<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Yes. 70\u201380% automates data entry and aggregation, allowing FP&amp;A to focus on strategic analysis instead of manual Excel processing.<\/span><\/p>\n<ol start=\"10\">\n<li><b> Is the cost of implementing Bizzi EPM high?<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Optimal cost, fast implementation time (2\u20133 months), ROI after only 3\u20136 months \u2014 40% lower than international EPM platforms.<\/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 is more than just a planning tool \u2013 it is <\/span><b>comprehensive financial performance management system<\/b><span style=\"font-weight: 400;\">, helping businesses connect data, forecast quickly and operate proactively.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the context of economic fluctuations, the application of <\/span><b>EPM Forecasting<\/b><span style=\"font-weight: 400;\"> and <\/span><b>epm planning<\/b><span style=\"font-weight: 400;\"> Modernization will be the foundation to help Vietnamese CFOs improve strategic capacity, promote performance and sustainable digital transformation.<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>In a world where data and speed of decision-making are increasingly vital, businesses cannot rely solely on\u2026<\/p>","protected":false},"author":37,"featured_media":999979176,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[369],"tags":[],"class_list":["post-999979172","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chuyen-doi-tai-chinh"],"acf":[],"_links":{"self":[{"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/posts\/999979172","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\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/comments?post=999979172"}],"version-history":[{"count":4,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/posts\/999979172\/revisions"}],"predecessor-version":[{"id":999980457,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/posts\/999979172\/revisions\/999980457"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/media\/999979176"}],"wp:attachment":[{"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/media?parent=999979172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/categories?post=999979172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/tags?post=999979172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}