Business Performance Management Software is a type of software you might not be interested in, but it's something you need to know about.

The goal of the software is to help maximize your business performance. It's easy to say that, but business performance management software takes a holistic approach to managing this process.  Yes, there are multiple phases, but there are two that are critical:

1) Data collection: You need to develop processes to collect data about how your business runs. This includes everything from financial to support to delivery.

2) Feedback loops: These are critical to ensure that as you change your business processes you can asses whether those changes have been positive or negative. 

It's easiest to think of business performance management software as a diagnostic for your business. You're going to run several tests, read the results and implement changes. It's not a one time thing, but a continual process for managing your performance. 

This post sponsored by Best Price Computers.