What is Management Cockpit in SAP FIN-SEM-CPM - Corporate Performance Monitor?

SAP Term: Management Cockpit

• Component: FIN-SEM-CPM

• Component Name: Corporate Performance Monitor

• Description: A tool for the efficient presentation of measures in the context of performance measurement. The Management Cockpit is based on ergonomic principles and supports analysis of the economic situation of the company, and contributes the decision-making process.

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• Key Concepts: 
  Management Cockpit is a component of the Corporate Performance Monitor (FIN-SEM-CPM) in SAP. It is a web-based tool that provides an overview of the performance of an organization. It allows users to monitor and analyze key performance indicators (KPIs) and other metrics in real-time. The Management Cockpit also provides a graphical representation of the data, allowing users to quickly identify trends and make informed decisions.
  
  How to use it: 
  The Management Cockpit can be accessed through the SAP GUI or via the web. Once logged in, users can select the KPIs they wish to monitor and analyze. The data can be filtered by time period, region, or other criteria. The Management Cockpit also allows users to create custom reports and dashboards to track performance over time.
  
  Tips & Tricks: 
  When using the Management Cockpit, it is important to ensure that the KPIs being monitored are relevant to the organization’s goals and objectives. Additionally, it is important to regularly review and update the KPIs being monitored in order to ensure that they are still relevant and up-to-date.
  
  Related Information: 
  The Management Cockpit is part of the Corporate Performance Monitor (FIN-SEM-CPM) suite of tools in SAP. Other components of this suite include Financial Consolidation, Business Planning & Consolidation, and Business Warehouse. Additionally, there are several third-party tools available that integrate with the Management Cockpit, such as Tableau and QlikView.