Aiding firms in transition into the digital economy

MANILA, Philippines - If there is one thing that businesses both big and small need in order to survive the fast pace set by the Digital Economy, it’s learning how to manage—and maximize—performance by streamlining operations and consolidating data through electronic means.

The days of manual data collection for business projections is long past and it is in this digital age that DimensionSoft Inc., a 50-strong organization that preaches the merits of following the enlightened path to Business Performance Management, thrives.

What is business performance management and why is it important to the process of finding solutions to the ills associated with running a business?

In simple terms, business performance management is a framework for organizing, automating and analyzing business methodologies, metrics, processes and systems—factors that drive the performance of any enterprise.

DimensionSoft is by far the only company in the Philippines – and possibly in the Southeast Asian region – whose entire organization is dedicated to the successful marketing, implementation and maintenance of total business performance management solutions in partnership with SAP, one of the world’s leading providers of Enterprise Resource Planning and Business Software Solutions.

“DimensionSoft places a tremendous amount of value in creating a team with the appropriate mix of functional and technical expertise to deliver a customized solution based on the requirements of its clients,” says Rey Paragas, Business Manager, SAP Philippines, Inc.

The company does this by identifying key areas of concern in terms of performance for each client and offering its expertise from a roster of seasoned professionals with cross industry experience and aided by dependable technology tools.

In the forefront of the technology tools that DimensionSoft uses to help its clients is the SAP BPC (or Business Planning and Consolidation) a unified platform that consolidates all necessary information about a company.

What the SAP BPC does is endow managers of a business with the ability to develop timely and accurate plans and budgets that are in line with business objectives, integrate planning and model scenarios to meet the challenge of fast-changing business conditions, and ensure a well-documented audit trail.

In a nutshell, DimensionSoft, with the help of SAP BPC, consolidates and organizes the planning, budgeting, and forecasting process of a business that in turn enables a faster and more accurate decision making information for management and efficient financial period close.

Another feather in its cap is to carry daunting tasks of complex calculations, multiple currency conversions as an example. From manually calculating currency conversion and necessary adjustments of various subsidiaries and operating units in home currency, finance users find DimensionSoft’s automated solution with ease of use and very stable logical structure.