SM Business Scorecard
Complete balanced scorecard software system for defining and executing the business strategy and calculate performance indicators
SM Business Scorecard is the extraordinary software solution for any top management team in formulating, measuring, and implementing the company’s strategy to achieve growth objectives and organizational performance.
Features and functionalities:
SM Business Scorecard allows you to visualize your company's strategy over a period of 3, 5 or 10 years by defining and achieving business objectives based on a portfolio of initiatives that are measured in the form of indicators and managed by allocating resources and budgets.
- Catalogue of indicators by groups: strategic and operational indicators, performance and results indicators, and forward-looking indicators
- Documentation for each indicator: name, description, unit of measurement, measurement frequency and calculation formula
- Hierarchy of indicators and their cascading from organizational to operational level by department, team and individual, by visualizing the degree of performance, based on a score as a weight in these indicators
- Organization chart and administration of positions, roles, and responsibilities, as well as the allocation of individual indicators and their measurement
Strategy implemented through Balanced Scorecard:
- Monitor the performance of your business objectives
- Graphical definition of the business strategy
- Strategic Cause – Effect diagrams
- Monitor strategic, operational and performance indicators
- Define perspectives
- Monitor / analyze the performance of each of your employees
- Manage your indicators catalogue
Advantages and benefits:
Why to choose SM Business Scorecard
Most companies have only very vaguely designed a strategy, and the execution of this strategy is often a non-organizationally aligned approach, and without a necessarily well-correlated end-result between objectives, indicators and actions / initiatives, which can lead to significant losses or the acceptance of far too high risks for them.
Companies that can design a strategy, in a detailed and holistic way, that can prioritize strategic planning at both organizational and employee level, are the ones that will have the advantage of making beneficial and consistent strategic decisions and will be able to achieve a more balanced vision of performance and its growth in a profitable, repeatable and sustainable manner.
All in all, the SM Business Scorecard solution offers:
- ease of use in developing a formal strategy execution framework,
- based on a map or graphical representation that condenses objectives, indicators and initiatives,
- which are then prioritized, monitored and revised at people and budgets level
- to create current and future value for the organization.
SM Business Scorecard is a single solution for a comprehensive organizational strategy management system.
The solution fully integrates with the other solutions from the business suite:
SM Financial Optimizer
SM Financial Optimizer is the ideal solution for any top management team to instantly access critical financial and operational reports via big data and automatically calculate the company’s key financial indicators to achieve its major business goals and increase profitability.
SM Planning and Budgets
SM Planning and Budgets is the perfect solution for management teams in the financial and operational planning and active monitoring of the budgeting exercise necessary to meet business objectives.
SM Process Management
SM Process Management is the flexible software solution for any management team to manage, document and monitor the company's processes to improve its organizational efficiency.
SM Quality and Audit
SM Quality and Audit is the excellent software solution for any management team to effectively audit business processes and work procedures in the operational area necessary to maintain an optimal level of quality and increase organizational performance.
SM Task Management
SM Task Management is the modern software solution for any management team to identify, monitor and organize from start to finish activities and tasks that impact organizational performance.