CAMMS Announces Next Step in Enterprise Budgeting and Financial Planning

CAMMS to unveil upgraded Budget Management Software with tablet compatibility in December

Corporate Performance Management and Business Intelligence solution provider, CAMMS is set to release its upgraded Budget Management Centre (BMC) in December 2014.

While BMC already supports the development, monitoring and review of budgets, financial plans and forecasts, the latest upgrade, BMC V2, will revolutionize the way organizations develop and monitor budgets. CAMMS focuses on greater accessibility; thereby the latest design is a tablet compatible application.

“We believe that the only way to empower organizations is to deliver intelligent performance. This is why BMC V2 is the next step in Enterprise Budgeting and Long Term Financial Planning”, says Aaron Mullins, Manager – Strategic Projects.

In the face on stringent reform, greater challenges and changing stakeholder expectations, the current focus on planning, reporting and measurement needs to be expanded to incorporate a more strategic approach.

Mullins adds, “Most organizations talk about aligning their budgeting and financial planning with strategic or business planning, but few systems actually support this. BMC V2 draws together strategic initiatives, risk mitigation expenditure as well as the traditional capital and operational expenditures to ensure resource allocation supports strategy execution and strategic risk management.”

Unlike many solutions which focus primarily on measuring performance, CAMMS BMC empowers an organization by incorporating the key management functions such as financial planning and budget management in a coherent and integrated fashion.

ABOUT CAMMS

CAMMS was founded in Australia in 1996 as a management consultancy, and has since grown to 150+ clients globally across a number of industries including public sector, health, financial services, education and utilities. The company designs and develops its own software in its Australian Headquarters and from its Global Service Delivery Centre in Sri Lanka, offering clients’ on-premise, on-demand (cloud) and mobile solutions. CAMMS has offices in five countries including Australia, Canada, New Zealand, Sri Lanka and the United Kingdom. For more information go to:www.cammsgroup.com

Personnel Evaluation System: Because effective recognition supports better performance

Human Capital is an organisations greatest asset and ensuring that you can assess and reward your employees accurately and efficiently is increasingly important to make sure you retain your valuable talent.

CAMMS Personnel Evaluation System (PES) is a comprehensive web-based system that maximises your organisation’s investment in human resources through real time performance assessment and dynamic personal development.

It replaces manual processes with a single platform and provides clear and consistent reporting timeframes and processes.

By increasing the transparency and accountability of an organisation’s performance appraisal system, PES will also provide strategic alignment - line of sight. As it increases participation and compliance, you will also be able to understand things from your employees’ perspective due to the facilitation of increased feedback from members of staff.

PES measures performance against organisational projects and aligns the measures with corporate plans. This is in addition to competencies, duties and behaviors, thereby ensuring organisations can implement an accurate recognition process to in turn nurture a better performance culture. 

A recent employee survey conducted by the American Psychological Association found that 36 percent of employees reported not having received any form of recognition in the past year. Only 31 percent said their direct supervisors expressed verbal or written appreciation for their efforts.

Focused on People, Performance, Reward and Recognition, CAMMS PES is the performance evaluation system that will address this issue by providing an overall performance snapshot of an employee’s performance.

Organisations need a performance evaluation system that is both flexible and allows for an in-depth review of staff performance at any level of the organisation, and PES supports just that requirement.

CAMMS customer, Joshua Warner, Learning and Development Coordinator of Melton City Council testified, "I estimate a 10 fold increase in the quality of service I am able to provide to the organisation because we are using PES."

By using PES Melton City Council eliminated its "massive paper trail" and now enjoys a secure and quick system of information being communicated. This allows issues to be resolved through consultation. Another important benefit is that things can’t slip through cracks like they could with a paper system ensuring things are not missed.

CAMMS is providing world leading performance evaluation system or Personnel Evaluation System to increases participation and compliance of candidates. Get PES and Performance Monitoring Software at www.cammsgroup.com

Revolutionising Risk Management Software with mobile compatible IRM

With the growing need for greater accessibility and flexibility in the ever-challenging corporate world, CAMMS has upgraded its market leading Enterprise Risk Management Software solution Integrated Risk Manager (IRM), with the introduction of new and improved features, functionalities and benefits including mobile compatibility.

IRM already provides organisations with a robust and flexible approach to identifying, profiling and assessing risk at strategic, operational and project levels. CAMMS, provider of Business Intelligence and Corporate Performance Management solutions, delivers its ERM solution to many verticals including Local Governments, the Health Sector, Utilities Providers and Enterprises across the globe.

Billed as the future of ERM, IRM version 3 is tablet compatible, meaning the solution can be accessed and information updated by phone or tablet from any location. This is a vital step to better efficiency as organisations are getting busier; they have more work to do in less time. The ability to work from a tablet at any location gives more flexibility and a much bigger advantage to clients.

In addition, other new or improved features include a more personalised user experience, further developed risk analytics and revised Executive Information System (EIS Software) screens with better performance, layout and charting options to provide a fully integrated risk management solution to organisations. 

IRM 3 is also available with Hazard Management and Audit Management Software as integrated add-ons to assist clients to meet Governance, Risk and Compliance (GRC) requirements while carry out risk mitigation and management practices organisation-wide.

A key function of Audit Manager is its ability to provides a simple methodology for analysing business processes, highlighting organisational problems and recommending solutions / corrective actions. Therefore, with this add-on, entities can monitors its overall audit compliance and profile, and ensures no treatment actions “slip through the cracks”. 

Facilitating the management of hazards, from identifying and assessing the level of risk to managing and monitoring the risks over time, Hazard Manager facilitates the management of action progress from beginning to the end. For greater convenience, the add-on includes configurable workflows, custom fields, forms and email notifications.

Global changes are shaping the risk management field as well as the need to comply with regulations on a local level. These demands on organisations are reflected in the updates made to IRM.

CAMMS is providing world leading integrated risk management solution or Corporate Performance Management to enable enterprises to make a plan, execute and drive their business. Get ERM solution and Audit Management Software at www.cammsgroup.com