Introduction to JustPerform
JustPerform is a unified and intelligent performance management platform that empowers users to create, orchestrate, and execute processes around xP&A (Extended Planning and Analysis), consolidation, profitability analysis, and intelligent forecasts with AI and ML.
JustPerform achieves this by orchestrating process around three foundational pillars for “Unified & Intelligent Performance Management”: These foundational pillars are Business Process Focus, Intuitive User Experience, Governance & Change.
Business Process Focused
JustPerform enables enterprise users to define their business processes in a simple and visual manner. A business process in JustPerform is a consolidation of smaller units called scenarios. Each scenario covers a business outcome to be achieved. In addition to the business outcome, scenarios also cover various actions or steps to perform that scenario.
Upon completion of business process definition, JustPerform's intelligent algorithm reads the various actions or steps defined in a scenario and guides users to define the required models, associated business rules, and data flows. Once the process definition is complete, the actions or steps defined in scenarios are grouped into tasks, activities, and workflows.
Additionally, JustPerform includes:
Business Reference Models: Explore scenarios available in over 100 business reference models and adapt them to build your organization's specific business process instead of starting from scratch. Scenarios in business reference models cover business outcomes, and the models and data flows to support the scenario are automatically generated.
Scenario Management: Provides the ability to enhance scenarios inherited from business reference models or create new scenarios. Manage process changes by controlling them through scenarios using versioning and approval workflows. Approved scenarios are moved to the design, development, testing, and deployment stages using release management.
Intuitive User Experience
Automated insights are incomplete without the ability for users to intuitively and easily influence them. JustPerform's user interactions are designed with a deep understanding of business users—their needs, values, abilities, and limitations. It combines the familiarity and flexibility of tools like Microsoft Excel and visual dashboards with guided workflows, enterprise controls, and rich presentation capabilities.
Additionally, JustPerform includes:
Microsoft 365 JustPerform Add-in: The Microsoft 365 JustPerform Add-in allows users to utilize the familiar Excel interface for analyzing data in JustPerform and to interact with or input additional data based on the tasks and activities assigned to them. With JustPerform's no-code approach, users can leverage a pivot table-like experience to create and use forms and reports in Excel.
Workflows: Workflows guide people to get work done efficiently. They provide a streamlined user experience that leads individuals through the defined processes necessary to achieve business outcomes. This user experience is tailored so that people with different security roles have an experience that best suits their work. These activities and tasks provide visual indicators that show people where they are in the business process. Business process flows reduce the need for training because new users can rely on the process to guide them, rather than focusing on which tasks they should be using.
Governance and Change
Changes to processes and systems are inevitable, especially when it comes to managing business performance. The governance processes integrated into JustPerform help manage all changes to the production operations environment from inception to completion. To successfully manage change throughout JustPerform, all modifications are recorded and authorized at the appropriate level. This process begins by updating the scenario details and flows through the release management process. For regular maintenance tasks, Workspace Owners can define fine-grain authorizations for maintaining specific enterprise structures (master data), data enrichment rules in data flow, and business rules for calculations.
Additionally, JustPerform includes:
Release Management: Track the status of approved scenarios through the design, development, testing, and deployment stages. This includes tracking test results, incidents against the scenarios before deployment, and monitoring incidents post-deployment.
Access Control: Enable segregation of duties to allow decentralized maintenance of enterprise structures (master data), data enrichment rules, and business rules.
Platform Capabilities
Data Blending: Raw data comes in many different shapes and sizes. Data blending is the process of combining data from multiple sources into a functional dataset. You are tasked with combining data from various sources and shaping it to generate insights quickly. Build your workflows in an intuitive, visual, drag-and-drop environment.
Automated Data Preparation: Preparing data for analysis is one of the most important steps in any project—and traditionally, one of the most time-consuming. Automated Data Preparation handles this task for you by analyzing your data, identifying fixes, screening out problematic or non-useful fields, and deriving new attributes when appropriate. This enables you to make your data ready for model building quickly and easily, without needing prior coding knowledge.
Modelling Workbench: The Modelling Workbench allows power users (modelers) to structure data models to achieve business outcomes. It provides the capability to create dimensions, dimension attributes, and models or data tables.
Business Rules Library: Business rules are a set of calculations or data processing tasks created visually by business users. By providing a framework for defining various types of business rules, JustPerform helps avoid the need for expert coding in most cases. Business Rules Library includes:
Account Mapping: Map data from existing accounts and flows to new members. Typical use cases include generating statements of changes in equity from financial statements, indirect cash flow, notes to accounts, and auto reclassifications.
Allocations: Allocations are a helpful tool for users to distribute values collected on one object to several other receiving objects. Typical use cases include product costing, profitability and cost analysis, cost distribution, and management reporting.
Value Driver Tree: A Value Driver Tree is a visual representation of a business model covering key metrics and establishing relationships between key metrics and underlying drivers. The relationships are established using simple VDT expressions or functions. It is designed to be simple and easy to learn while exposing the power and flexibility of underlying models. It can be compared to applying Excel formulas to multi-dimensional models.
Automatic Journals: Automatic journals are primarily applicable for consolidation use cases. Automation rules allow period-end journal entries to be created and populated based on data and rules, and posted automatically, eliminating considerable manual period-end work.
Extendable AI and ML Engine: JustPerform allows two-way integration with machine learning platforms, enabling users to drive accurate decisions with forecasting that leverages powerful, integrated artificial intelligence (AI) and machine learning (ML). Examples of algorithms that support intelligent forecasting include classification, regression, dimension reduction, and clustering, using advanced methods such as deep learning, tree-based methods, and logistic regression.
Enterprise Collaboration: Enables sharing of scenarios and business rules with relevant business users to align on business outcomes, actions or steps, and rules defined to achieve these outcomes.
Workflow Designer: Orchestrate approved business processes into a series of activities and tasks using the workflow designer. Share workflows with relevant users for alignment, and finally publish workflows for execution.
Process Monitoring and Reporting: Monitor the progress of processes based on designed workflows, generate notifications based on data alerts or workflow completion schedules.
Reports and Insights: JustPerform is tightly integrated with Microsoft 365, connecting online Excel or native (desktop) Excel to interact with data in JustPerform. Additionally, JustPerform dashboards use visualizations to convey business insights as a story. Unlike conventional dashboards, JustPerform allows for two-way interaction with data, enabling users to update data, execute activities and tasks, and analyze data. It also allows users to share and present insights with others.
Outbound API’s: Extend the usage of data in JustPerform by connecting it with downstream applications like data warehouses, BI tools, planning and/or consolidation tools, or files.