Requirements
Effective management of business performance requires objective and regular analysis of results as against expectations. It requires the ability to quantify business strategies, translate them into operational objectives and targets, map them to defined action plans and regularly assess performance towards realigning future strategies.

Solution
With SAPIENCE’s Scorecard, you can access any data on any platform and apply the same performance management principles across all areas of your business. This combination leverages your investment in SAPIENCE and provides a comprehensive strategic feedback system. SAPIENCE’s components include:

Strategy: The strategy component captures and organizes Scorecard information. It translates volumes of data into meaningful information about your enterprise that you can view from many perspectives, including your vision, mission, strategy, objectives, measures and initiatives.

Event/Campaign: The event evaluation component in the scorecard enables managers to have updated event scorecards that enable decision makers to define any type of business event that they want to evaluate. Such evaluation is then done as impact analytics on the basis of user defined key performance indicators. The event scorecard features self-trigger analytics that effectively keep track of the event’s impact. Additionally, the scorecard is supported with guided analysis features that quickly guide the user to key impacted segments of their business helping them formulate strategies for preempting or at least minimizing negative impact or further leveraging positive ones.

Collaboration: A scorecard offers an accurate assessment of the progress you've made translating strategy into action. It can monitor key leading and lagging indicators – allowing you to assess which strategies are yielding the desired results. The collaboration component provides a way to communicate a strategy to the rest of the organization.