Balanced Scorecard Collaborative, Inc. (www.bscol.com), announced that BusinessObjects Performance Manager, a framework for building and deploying EPM solutions, has been designated as Balanced Scorecard Collaborative Certified. Under the terms of the certification, BusinessObjects Performance Manager is designated as compliant with Balanced Scorecard Functional Standards as maintained by Balanced Scorecard Collaborative. The certification is designed to eliminate confusion in the marketplace through educating suppliers and buyers as to the important elements of a Balanced Scorecard management system.
Certification allows Business Objects, the world's leading provider of business intelligence solutions, to promote Performance Manager as certified by the creators of the Balanced Scorecard and gives Business Objects the right to use the Balanced Scorecard Collaborative certification mark on Performance Manager and associated materials. Further, the Balanced Scorecard Collaborative web site will identify BusinessObjects Performance Manager as certified software.
Users of certified Balanced Scorecard applications are assured that those applications are compliant with Balanced Scorecard Functional Standards, and can thus be used as the foundation of a strategic management system based on the Balanced Scorecard.
"BusinessObjects Performance Manager is an excellent example of a flexible solution that meets the rigorous standards set by Balanced Scorecard Collaborative," said Laura M. Downing, vice president of Balanced Scorecard Collaborative. "Performance Manager enables end users to quickly and easily achieve the benefits of the Balanced Scorecard management process."
The certification process consists of a demonstration of the product by the application provider, a documentation review, customer interviews, and a Balanced Scorecard Collaborative lab test. Application providers certified as a result of this process have the right to use the Balanced Scorecard Collaborative Certified mark.
Balanced Scorecard Functional Standards were announced on September 30, 1999 by Balanced Scorecard Collaborative, Inc., the organization that facilitates the worldwide awareness, use, enhancement, and integrity of the Balanced Scorecard as a value-added management process. The standards form the basis for certifying software from suppliers seeking to comply with the methodology of Dr. Robert S. Kaplan and Dr. David P. Norton, creators of the Balanced Scorecard concept. The full set of standards can be viewed at www.bscol.com.
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