EPM consultant: missions, skills, training

To achieve ambitious goals, many organizations turn to Performance Management experts, more commonly known as EPM consultants. If your business aspires to maximize productivity, make strategic decisions, and remain competitive in a constantly changing market, an EPM consultant could be the ideal solution.

If you are looking for an EPM consultant, do not hesitate to contact us.

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What is an EPM consultant?

An expert performance management (EPM) consultant is a professional specialized in optimizing performance management and monitoring processes within organizations. Its main role is to analyze and implement strategies aimed at improving the operational and financial efficiency of companies.

If you are looking for an EPM consultant, do not hesitate to contact us.

Role of the EPM consultant in your business

The EPM consultant brings valuable expertise to the company and has very varied missions.

• It must collect financial and non-financial data across the organization. Indeed, the EPM consultant must gather relevant data from various sources, such as accounting systems, human resources management software, or tools that receive customer feedback, in order to have a complete overview of the company's performance.
• After collecting it, it must analyze and calculate the main KPIs. Based on the data collected, the EPM consultant identifies and analyzes key performance indicators (KPIs) relevant to the company. Most of the time, it's about turnover, margin, or even the inventory turnover rate. It uses analytical methods to assess current performance and identify areas for improvement.
• Define organizational and strategic goals and targets. In collaboration with management and the various stakeholders of the company, the EPM consultant establishes clear and achievable goals, aligned with the company's overall strategy. These goals serve as a reference for evaluating future performance and guiding actions to be taken.
• Transmit goals to the functional areas of the organization. The EPM consultant must communicate the strategic objectives to the various departments and teams of the company. It should also ensure that the various parties clearly understand their role and contribution to the achievement of the goals. It also ensures the coherence and compatibility of objectives between the various functions of the organization.
• Determine targets for specific business levers. By identifying the levers of activity that are most influential on the overall performance of the company, such as marketing, production or inventory management, the EPM consultant must define specific targets for each of these areas. This allows efforts to be focused where they will have the greatest impact on results.
• Measuring success and forecasts: Throughout the mission, the EPM consultant should monitor and assess the progress towards the goals set, adjusting strategies as necessary. It should use modeling and simulation tools to anticipate future trends and establish realistic forecasts, allowing the company to make decisions.

Why become a performance management consultant

Becoming an EPM consultant offers numerous benefits, including:

Working with various companies in different sectors:

• EPM consultants have the opportunity to collaborate with a variety of businesses, ranging from small startups to large multinationals. This therefore makes it possible to acquire a diversified experience and to enrich one's skills.

Contribute to the continuous improvement and growth of organizations:

• By helping businesses optimize their performance, you play a critical role in their long-term success. It can be extremely rewarding on a professional level.

Develop advanced analytical skills:

• Working as an EPM consultant allows you to hone your skills in data analysis, financial modeling, and problem solving. These skills are valuable in many areas of activity.

Have a direct impact on the profitability and competitiveness of businesses:

• By identifying and implementing performance improvement strategies, you are directly contributing to business growth and profitability. On a personal level, this can be very motivating.

Possibility of rapid career development:

• With the experience and skills acquired, EPM consultants can quickly advance in their career. By accessing management or management positions, or by specializing in specific areas.

Technical skills

To excel as an EPM consultant, it is essential to have the following technical skills:

Mastery of Business Intelligence tools and EPM software:

• EPM consultants must be comfortable using specialized IT tools for performance management.

In-depth understanding of accounting and financial principles:

• A solid foundation in accounting and finance is essential for interpreting financial data and developing accurate performance analyses.

Ability to analyze and interpret data:

• Being able to process and analyze large amounts of data to extract meaningful insights is necessary as an epm consultant.

Knowledge of process optimization methods:

• Being able to understand the basic principles of process optimization and identify opportunities for improvement in business operations is necessary.

Soft skills

In addition to technical skills, the following soft skills are essential for success as an EPM consultant:

• Excellent communication skills to collaborate effectively with various stakeholders.
• Ability to work under pressure and meet deadlines.
• Team spirit and ability to motivate others.
• Adaptability in the face of changes and challenges.
• Strong sense of organization and planning.

Salary and career prospects

The salary of an EPM consultant varies according to experience and the level of responsibility:

• Junior: At the beginning of their career, an EPM consultant can expect an annual salary of around 40,000 euros, with a TJM (Average Daily Rate) of around 500 euros.
• Senior: With several years of experience, an experienced EPM consultant can earn more than 80,000 euros annually, with a TJM of up to 1200 euros.

In terms of career prospects, an EPM consultant can consider positions such as project manager, financial performance director or senior business strategy consultant.

Courses and prerequisites

To access this profession, a bachelor's degree in the fields of management, finance or information systems is generally required.

In addition, prior experience in information systems is often valued by employers.

If you are looking for this type of profile, contact us!

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