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Transforming Business Planning with Lumel EPM

In today's fast-paced business environment, organizations must leverage cutting-edge technologies to stay competitive. Lumel, a recognized leader in planning and analytics software, has taken a significant step forward with its latest offering: the Enterprise Performance Management (EPM) suite integrated into Microsoft Fabric. This innovation aims to enhance and streamline planning workflows such as budgeting, forecasting, and scenario modeling for businesses navigating the AI-driven era.

This launch represents a pivotal moment where companies can build and manage sophisticated planning workflows directly within the powerful framework of Microsoft Fabric. Traditional challenges, such as data silos and complex replication processes, have been addressed through an intuitive no-code, self-service interface that Lumel provides. With Lumel EPM, business users can harness the full potential of their data without relying heavily on IT, thus empowering a new generation of analytical capabilities.

Key Features of Lumel EPM

1. No-Code Self-Service

The EPM suite enables business users to create integrated planning applications and analytics rapidly. This self-service interface eliminates the need for extensive IT support, allowing users to focus on strategic insights rather than technical hurdles.

2. Unified Architecture

One of the standout features of Lumel EPM is its architecture, which seamlessly integrates enterprise planning with essential business data. By consolidating everything onto a single platform within Microsoft Fabric, Lumel minimizes data transfer between systems and enhances accessibility. All data is unified on Microsoft OneLake, further simplifying the analytical process.

3. Usage-Based Pricing

In a bid to improve affordability, Lumel has introduced a usage-based pricing model. This innovative approach allows businesses to pay for actual consumption rather than locking them into expensive annual contracts. As a result, seasonal or occasional users can engage with the platform without a substantial financial burden, optimizing their total cost of ownership (TCO).

Addressing Fragmentation in Business Planning

According to Gopal Krishnamurthy, Founder and CEO of Lumel, today's enterprise leaders face unprecedented challenges stemming from fragmented planning tools and data. "Lumel EPM is designed to eliminate that fragmentation. By integrating planning data, workflows, and analytics into Microsoft Fabric, we enable organizations to move faster and think smarter."

This integration marks a significant advancement for organizations seeking to enhance their business processes and decision-making capabilities. By simplifying the planning process and reducing unnecessary complexities, businesses can better position themselves for future growth and success.

Microsoft Fabric: A Partner in Innovation

Dipti Borkar, Vice President and GM at Microsoft, praised this collaboration. She described Lumel as a prime example of extraordinary innovation among Microsoft’s ISV partners. "By building their comprehensive EPM suite to run natively in Microsoft Fabric and leveraging investments made in Power BI semantic models, enterprises can unlock unprecedented agility and AI readiness,” Borkar stated.

A Commitment to Continuous Innovation

The launch of Lumel EPM Suite underscores Lumel's enduring commitment to leading the charge in innovation within the Microsoft ecosystem. As a strategic partner to Microsoft, Lumel is trusted by thousands of enterprises worldwide. Their promise is to redefine organizational capabilities using Power BI and Microsoft Fabric, creating actionable insights that drive strategic decisions.

Conclusion

Lumel continues to build on a legacy of excellence, targeting the needs of modern enterprises with technologies that streamline processes and enhance productivity. With the EPM suite now available in Microsoft Fabric, companies can expect a more integrated and efficient approach to planning, one that empowers business users and accelerates data-driven decision-making.

For organizations eager to look to the future and cultivate a competitive edge, Lumel's innovative solutions offer a pathway to greater efficiency and effectiveness in enterprise performance management.

To learn more about Lumel's offerings, visit www.lumel.com.