THE BOTTOM LINE
Two main trends persist in the corporate performance management (CPM) market: cloud uptake remains consistent but slow, and many cloud vendors are divided when it comes to breadth of functionality. While the financial planning and accounting teams remain separated in their software choices, corporate performance management products are branching out in functionality to cover many use cases. However, user adoption of a single CPM solution company-wide remains low. When it comes to cloud, inertia and difficulty switching vendors still keep migration lower than other software areas.