Integrated Continuous Planning Resource Center
As a finance professional, you’ve likely experienced first-hand the impact of disconnected, inaccurate data and slow, manual processes on your ability to effectively manage the day-to-day financial operations and reporting for your business. These resources will help you to be more agile and strategic with your businesses’ financial and operational planning.
How We're Helping
With many western countries expected to enter a recession in 2023, the economic backdrop is characterized by inflation, rising interest rates, and volatile exchange rates. This makes it hard for businesses to make long-term investment decisions and puts a greater emphasis on cost control and managing working capital.
4 Things to Look for in a Financial Planning Solution
As companies continue to invest in so many areas of the business, why is it that budgeting and planning processes remain manual and stale?
Companies are confronted with a number of choices when it comes to investing in the right reporting tool. Do I choose a solution that’s real-time and ERP integrated, or staged? What types of input do I care about seeing? Who do I involve in the process? Does this solution have the flexibility for newer methodologies like driver-based modeling, continuous planning, and integrated business planning? These are the right questions to be asking when choosing the best reporting solution to fit your needs, but do you really know what to look for? Make sure you clearly define all of your needs and the benefits of each tool to ensure that you choose the reporting solution that addresses them most efficiently.
Download this whitepaper for an inside look at:
- Consolidating your data to take a one system approach
- Using reporting to make your business more agile
- The total cost of ownership for planning solutions and how to see benefits
- The importance of focusing on ERP integration
Resources to Help Anticipate Change
6 Best Practices for Continuous Planning
There’s been a steady drumbeat of support among finance departments for the adoption of continuous planning over the past few years. Recently, this support has grown dramatically due to quickly shifting business climates and a recognition that continuous planning — alongside initiatives that support rolling forecasts and advanced scenario planning — are key to maintaining agility and a competitive edge. However, achieving this level of finesse in continuous planning is not always easy.
The best way to introduce continuous planning into your organization is by following a clear roadmap that empowers your entire organization to track, model, and communicate on key business metrics. Use of the right technology is a critical enabler to ensure lasting results.
Download this whitepaper to learn:
- Which key challenges are most pivotal in driving organizations’ adoption of continuous planning
- How to evaluate and select the critical metrics your business should track for success
- How you can empower your entire company to participate in the planning process through automation, simplified tools for non-finance users, and open communication