SAP to buy OutlookSoft to get closer to CFOs

May 8, 2007 from InfoWorld – “Business applications vendor SAP is making another acquisition aimed at filling out its product portfolio to better meet the needs of CFOs. The company announced late Tuesday plans to buy U.S. corporate performance management software company OutlookSoft for an undisclosed sum…

180 View – In March, Oracle purchased Hyperion. Both Hyperion and OutlookSoft are Corporate Performance Management (CPM) solutions, which includes strategic planning, scorecarding, budgeting and forecasting, consolidation and business intelligence. For more about CPM, click here. A few years ago, ERP was extended to include CRM. Today CPM is being added to the mix.