Nova EPM 360
EPM Solutions and Consulting: Driving Business Performance Management
In a competitive economic environment, making quick decisions based on reliable data is key to growth. At Nova, with experience dating back to 2007, we transform your EPM (Enterprise Performance Management) processes to take your company to a new level of efficiency and control.
Challenges That Hinder Business Growth.
Many successful organizations face internal barriers that limit their growth. A lack of agility and poorly integrated processes make it difficult to respond to a changing environment. Some of these barriers include:
- Slow decision-making: Based on endless spreadsheets that are error-prone and disconnected from one another.
- Endless planning cycles: Budgets and forecasts that take months to complete and are released too late to be truly useful.
- Lack of true visibility: The inability to know with certainty which areas, products, or customers are truly profitable.
- Information silos: Finance , operations, sales, HR… each works with different data, preventing integrated business planning.
- Compliance and Risk: Manual closing and consolidation processes that increase the risk of regulatory noncompliance.
The answer is a unified, intelligent, and agile approach
Our Nova EPM 360 offering isn’t just technology—it’s a transformation. We help you build a digital ecosystem where information flows freely and decisions are driven by real-time data. We add value to your financial, operational, and analytical management processes, optimizing your time through customized, unified EPM solutions powered by artificial intelligence. We move you from data chaos to a clear, strategic view of your business.
A 360-Degree Offering for a Comprehensive View of the Business
Our EPM Services
Nova’s value proposition is based on a modular and scalable approach that consists of a core set of services (Strategic Planning, Financial Consolidation, Budgeting and Forecasting, Analysis and Reporting) and covers two fundamental pillars of business performance management: Financial Performance Management (FPM) and Operational Performance Management (OPM).
The CORE of Our Specialized Services
The core of our expertise lies in optimizing the critical processes that determine the success of your management.
Consolidation and Financial Closing:
It integrates and harmonizes accounting information across your entire business group based on accounting data from various group companies, business units, countries, or systems. It ensures regulatory compliance (IFRS, US GAAP), improves agility, and eliminates manual errors to enable a reliable and fast financial close.
Budgeting and Forecasting:
Based on the company’s strategic priorities and historical data, it creates flexible budgets and forecasts at the tactical level, with various scenarios that adapt to change. This process details resource needs and allocations, expected margins, and spending limits at the annual budget level. As the year progresses, it combines actual data with updated projections (such as the 3+9 forecast), enabling decision-making and allowing for proactive action before problems arise.
Strategic Plans:
Define 3- to 5-year future scenarios. Based on your historical performance and strategy, we outline key action plans and expected results to guide long-term growth. These plans enable you to anticipate opportunities, optimize resources, and define expected results to ensure sustainable and consistent long-term growth.
Advanced Analytics, AI, and Reporting:
We measure actual results against planned results. We use KPIs and variance analysis to understand performance, identify best practices, and foster a culture of continuous improvement.
FPM – Financial Performance Management
This suite of solutions allows you to centralize and automate all key financial management processes to provide a more accurate, integrated, and real-time view of your organization’s financial status. We implement customized end-to-end solutions to optimize the following business processes:
Profit & Loss (Income Statement)
CAPEX (Capital Expenditures)
OPM – Operational Performance Management
An organization’s performance does not depend solely on its finances: it is also essential to measure, plan, and align operations with strategic objectives, as well as to assess the financial impact of the company’s various functions (Sales, Marketing, HR, Production, Sustainability, etc.). At Nova, we address this operational dimension with EPM solutions tailored to the specific needs of each department, providing comprehensive optimization for the following processes:
Reporting ESG
Project Plan (Project Budgeting)
Sales Plan (Sales Forecasting)
People Plan (HR Planning)
Manufacturing (Production Planning)
This operational approach makes it possible to optimize business performance from the ground up, ensuring that all resources—human, technological, and material—are aligned with the overall strategy and integrated with finance.
Nova: Your Long-Term Strategic Partner. Experience, Methodology, and Trusted Partners
Since 2007, our philosophy has been clear: to be a long-term partner in the challenge of digitizing the CFO’s office.
- Our Methodology: We base our EPM consulting on an agile and collaborative approach. We work with you from strategy definition through to the implementation and adoption of the solution to deliver value from day one.
- Our Team: Performance management experts who understand both technology and the realities of your business.
- Our Strategic Partners: We work with the technology leaders in EPM solutions: Oracle, OneStream, and Jedox. As certified partners, we implement these powerful tools to provide you with robust, scalable, and future-oriented solutions.
Our customers' trust.
Solutions Designed for Business Leaders
Who Is Nova EPM 360 For? Our offerings are specifically designed for roles that drive strategy and efficiency within the company:
They seek to transform finance into a strategic driver of value.
They need reliability, control, and agility in reporting and consolidation.
They want to move beyond simply collecting data to generating insights and predictive scenarios.
They seek to align operational resources with the business's financial objectives.
Functional Area Managers (C-level):
Managers in HR, Sales, Marketing, Sustainability, and other departments who need to carry out the operational performance measurement cycle and link and align their functions with Finance.
Key Benefits of Our 360 Offering
- Integrated view of the business: Finance and operations connected on a single platform.
- Greater agility: Rapid decision-making based on up-to-date data and real-time simulations.
- Control and Compliance: Process automation , traceability, and alignment with regulatory standards.
- Increased productivity: Reduction in manual tasks, cross-departmental collaboration, and more efficient use of time, along with the incorporation of artificial intelligence capabilities.
- Scalability: Solutions tailored to each company's size and level of digital maturity.
Talk to an expert, with no obligation
Maximize Your Company's Performance with Nova's EPM 360 Vision
The business performance management It is no longer an optional extra: it is a strategic necessity for any organization that wants to grow, adapt, and lead. In Nova, we’re ready to help you take that step with a comprehensive solution that covers all the key aspects of EPM processes.
Contact us and find out how our 360-degree EPM service offering can help you improve your organization’s business performance starting today.
Frequently Asked Questions About EPM
What exactly is Enterprise Performance Management (EPM), and how does it differ from an ERP?
This is a fundamental question. Let’s break down the key concepts:
- What does EPM stand for? EPM stands for Enterprise Performance Management, or Enterprise Performance Management. It is not a single software program, but rather a set of strategic processes and methodologies that help organizations plan, measure, and optimize their performance.
- How does EPM work? The EPM system works by linking corporate strategy with planning and execution. To do this, it uses data from various sources (such as ERP, CRM, HCM, etc.) to carry out key processes such as budgeting, long-term planning, financial consolidation, management reporting, and future scenario analysis.
- What is an EPM system? An EPM system is the technology platform (the software) that supports and automates all of these processes. It is the tool that enables financial and operational teams to collaborate, analyze data, and model the future of the business efficiently and reliably.
- What is the difference between EPM and ERP? The difference lies in their purpose. The ERP (Enterprise Resource Planning) is transactional: it manages and records daily operations such as invoices, inventory, and accounting, focusing on the past and the present. On the other hand, the EPM is strategic: it uses ERP data to plan, analyze, and simulate the future, facilitating informed decision-making.
Both systems are complementary, not competitive. While ERP optimizes operational management, EPM focuses on guiding the company’s strategy, helping executives make quick and informed decisions. In key areas such as planning, financial close, and reporting, EPM adds essential value for measuring and adjusting organizational performance.
- What is EPM in finance? In the financial sector, EPM is the driving force behind what is known as FPM (Financial Performance Management). It covers all critical processes in the CFO’s office: from fast and reliable month-end closings and the consolidation of financial statements to planning, budgeting, cost management, and reporting to senior management.
- What is OPM? Extend the Performance Management process (consolidation, planning, budgeting, analysis, and reporting) to the company’s various operational areas (Sales, Marketing, HR, Production, Sustainability, etc.), linking and aligning it with Finance.
Our company is a medium-sized business. Are these solutions too large or too complex for us?
Not at all. Our solutions are modular and scalable, designed specifically to adapt to the size, complexity, and level of maturity of each organization. We start by understanding your most pressing challenges and can implement a specific module (such as consolidation or budgeting) to deliver value quickly, with the ability to expand the solution as your company grows.
How long does it take to implement an EPM project?
The duration varies depending on the scope and complexity of the project. A project for a specific module can be completed in a few months. A comprehensive transformation involving multiple processes will be a more extensive, phased project. Our agile methodology is designed to deliver tangible value at each phase, ensuring that you see the benefits as soon as possible.
They mention Oracle, OneStream, and Jedox. How do they know which technology is best for my company?
At Nova, we serve as independent technology consultants and experts. We do not favor one platform over another; we favor the right solution for you. Our process begins with an in-depth assessment of your business processes, your current technology infrastructure, and your strategic goals. Based on this analysis, we recommend the platform that best fits your needs, budget, and future plans.
Our data is spread across various systems and even in spreadsheets. Is this a problem?
On the contrary, it is one of the main problems we solve. A fundamental part of any EPM project is the integration of data from various sources. Our expertise lies precisely in connecting these systems (ERP, CRM, HR systems, etc.) to create a single, reliable source of truth that feeds all planning and reporting processes.
What level of involvement will our team need to provide throughout the project?
We view every project as a close collaboration. Your team—especially key users in finance and operations—will play a crucial role during the design, validation, and testing phases. Our goal is not just to implement a tool, but to transfer knowledge so that your team can take ownership of the solution and use it with complete autonomy and confidence.
What kind of support do you offer once the solution is up and running?
Our philosophy is to be a long-term partner. That is why we offer flexible maintenance and support plans that include technical and functional support, ongoing training for new users, and evolutionary maintenance focused on continuous improvement to optimize and evolve the solution as your business needs change.
How can you measure the return on investment (ROI) of an EPM project?
The ROI of an EPM solution manifests itself in several measurable ways:
- Efficiency: A drastic reduction in the number of hours spent on manual tasks (data collection, consolidation), freeing up your team to focus on value-added analysis.
- Accuracy: Reduced errors and improved data reliability, leading to better forecasts.
- Agility: Reduced accounting close and budgeting cycle times (days instead of weeks or months).
- Strategic Decisions: The ability to simulate scenarios that enable better capital allocation and a faster response to market changes.
- Automation: Eliminating manual processes, integrating systems, and reducing errors.
- Scalability: the ability to expand and extend EPM processes in a modular, unified, and integrated manner.