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DSS News vol 8 no 22
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The Evolution of Corporate Performance Management: The Trend Toward Unified Management of Financial and Operational Processes

November 15 at 2 p.m. ET
Want to learn why unified management of financial and operational CPM processes is the new direction for maximizing the value of corporate performance management? Attend this free web event to find out!
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  • D. J. Power, Editor
    November 4, 2007 -- Vol. 8, No. 22

    A Free Bi-Weekly Publication of DSSResources.COM
    More than 2000 Subscribers

    Ask Dan!

    How does DSS data differ from operational data?
    by Dan Power
    Editor, DSSResources.com

    Stored data is used by both data-driven DSS and transaction processing systems (TPS). The data organized specifically for decision support differs from the data organized as a record of business transactions. Both data-driven DSS and TPS create information from the stored data that can be used by people. In general, DSS data is data about business occurrences and often a summarization of transactions; operating data is a detailed record of a company’s daily business transactions. DSS data is organized to help provide tactical and strategic business meaning to operating data and relevant external data. So operating data and DSS data serve different purposes. The difference in purpose means that the data formats and structures will likely differ.

    Read the full article here.

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    Tagetik

    The Evolution of Corporate Performance Management: The Trend Toward Unified Management of Financial and Operational Processes

    November 15 at 2 p.m. ET
    Want to learn why unified management of financial and operational CPM processes is the new direction for maximizing the value of corporate performance management? Attend this free web event to find out!
    Register today!

    Upcoming Decision Support Related Conferences

    December 9
    Montreal, Quebec - Canada
    Pre-ICIS SIG DSS Workshop
    July 1 - 4, 2008
    Toulouse - France
    IFIP TC8/WG8.3 DSS Working Conference
    Papers due November 16, 2007.
    Link to Dan Power: www.linkedin.com/in/danpower
     

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