Benefits Realization Software
UMT360’s Benefits Realization & Outcome Management tool helps define and communicate business strategy and track results across the enterprise.
Provides a powerful hub for all strategy
UMT360’s Benefits Realization Accelerator provides organizations with one centralized hub that helps them define and effectively communicate business strategy across the enterprise.
- Manage all enterprise Strategic Objectives in one place.
- Set timelines for achieving each Strategic Objective.
- Assign priorities, ownership and segment all Strategic Objectives.
- Provide stakeholders with visibility into the real-time progress of each objective
Standardize key metrics and set targets
Establish and define the right financial & non-financial metrics for each strategy and set targets to ensure that outcomes can be measured.
- Define key financial and non-financial metrics associated with each Strategic Objective.
- Control which metrics drive the progress of each objective to completion
- Configure an appropriate measure for each metric
- Manage time-phased targets on a monthly, quarterly or annual basis
Derive all initiatives directly from strategy
Quickly decompose strategy into the right initiatives needed to drive transformation, and assess portfolio sufficiency to ensure that outcome targets can be met or exceeded
- Create new initiatives and align them to your Strategic Objective.
- Understand the value of each initiative by forecasting their impact on one or more metrics
- Categorize and describe initiatives using configurable attributes
- Standardize scorecards to better prioritize all initiatives
- Define key milestones and manage inter-dependencies with other initiatives
Track progress against desired outcomes
Easily track key initiatives and dynamically assess the benefits realization and performance of each metric
- Track the value realized by each initiative, using time-phased actuals on each metric
- Re-forecast expected benefits throughout the life of your initiatives
- Track a wide variety of metrics on different granularities (monthly, quarterly or annually)
- Roll-up initiative-level forecasts and actuals to the metric-level
- Assess real-time variance between targets and actuals
Visualize the performance and completion of strategies
Track objectives across the lifetime of all initiatives to gain a clearer understanding of progress and gauge the probability of success.
- Gain visibility into which objectives may be lagging relative to original expectations
- Drive the progress of objectives based on the completion of their underlying metrics
- Visualize the alignment of your execution with strategy, using portfolio-level roadmapping tools
- Communicate valuable strategic insights to stakeholders, using powerful dashboards
Dynamic Analysis/What-If Scenario Modeling
Conduct what-if scenarios – in just a fraction of the time – to show the impact of any proposed change to your project and program portfolios across costs, resources, benefits, value, timeline and more. Quickly and easily respond to any possible question about your portfolio, proactively triage today’s problems or even model and predict possible future problems.
Quick & Easy Integrations
UMT360 portfolio management solutions tightly integrate with a wide variety of work management ERP, and other critical systems within your enterprise.
Get the strategic project portfolio management capabilities you need, quickly and easily
Every UMT360 Accelerator is designed to be implemented quickly with a minimum amount of consulting or configuration. Leveraging best practices garnered from years of successful client engagements, these powerful Accelerators provide precisely the capabilities you need, without weeks or months of configuration.
Generating what-if scenarios and modeling potential outcomes based on ad-hoc questions used to require teams to stay late and manually crunch numbers. But what if you had the tools to respond to any possible question about any portfolio with just a few clicks?
Capture disruptive and innovative ideas from anywhere within the organization to help ensure that the next great idea doesn’t fall through the cracks. Move away from disparate sources of business case information like Excel, Word and Powerpoint to better govern and standardize all demand and improve decision making.
Establish and define the right financial & non-financial metrics for each strategy and set targets to ensure that outcomes can be measured. Quickly decompose strategy into the right initiatives needed to drive transformation, and assess portfolio sufficiency to ensure that outcome targets can be met or exceeded
Corporate capital planning software provides a top-down view of all projected costs to support both traditional annual planning and dynamic/continuous planning. Consolidate and streamline the standardized capture of cost estimates across a wide variety of dimensions.
Application Portfolio Rationalization is critical component to help you assess and streamline your software environment to improve efficiency, reduce risks and create a foundation for future evolution.
Explore Enterprise Solutions
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Part of UMT360’s comprehensive strategic portfolio management platform
Need a specific Portfolio Management Accelerator right now? Let’s get started! Each one delivers powerful stand-alone capabilities that you can have up and running in just a few days. And since they all complement each other, it’s easy to add additional capabilities – in any order you’d like – whenever you’re ready. Best of all, each is part of UMT360’s comprehensive Strategic Portfolio Management Platform. Which means that with every Accelerator you add, you’re that much closer to having all the capabilities you need to align all investments with strategy and ultimately accelerate digital transformation.
The Importance of A Robust Portfolio Outcome Management Tool
Comprehensive Benefits Realization capabilities – a critical component of strategic portfolio management – are key to ensuring that every outcome in the enterprise portfolio is what you were actually hoping for.
Whether it’s financial, reputational, regulatory, or any other category label you want to apply, every investment has to produce a meaningful outcome or it fails. To learn more, check out our guide on mastering benefits realization and outcome management.
Ready to Unleash Your Business Agility?
Business agility is impossible without strategic portfolio management, and strategic portfolio management is what UMT360 does. In fact, we wrote the eBook on it. And it’s something we can help you deliver – with culture, focus, process, education and yes, a little bit of integrated software. So, let’s get started!