It is the process by which an organization chooses the most. appropriate courses of action to achieve its defined goals. This process is. essential to an organization's success, because it provides a framework for the. actions that will lead to the anticipated results.

1. Strategic Monitoring System is a system to measure progress in regular intervals.• It is the process of regular observing and recording of activities that takes place in a project.• It also involves giving feedback about the progress of the project.
2. It helps to assure that youre actually performing the action, according to plan. That youre "on track."• Got to be sure on the results achieve whether they align with objectives intended to accomplish.• It helps to take corrective action, not only on Strategies but also on Planning.• It provides the essential link between the written plan and the day-to-day operation of your business.

Explore our latest insights around 
business model and operations 
transformation to learn how you can capture new growth opportunities, reduce costs, improve efficiencies, and stay ahead of consumer preferences. Execute your strategic vision and dramatically improve business performance.

Continuous accounting integrates people, processes, information, and technology to achieve the transformation of the finance function and its corporate role. Continuous accounting is based on three principles: Use technology to distribute departmental workloads continuously across accounting 
periods.

Finance Transformation (FT) is a set of offerings that assist Finance executives with assessing their finance strategy and vision, and helps design and implement change to their finance organization, process and systems to improve the overall value of finance.

revolution is in full flight. Across all industries and geographies, companies are reevaluating every aspect of their programs, from goal-setting and evaluation to incentives and rewards. Organizations are aligning these changes to both business strategy and the ongoing transformation of work. While all the software tools are not here yet, there is evidence that the new rules of performance management are understood and working well.