FP&A

Create driver-based plans, budgets and forecasts, based on input from the front lines of the business. Align top-down financial targets with bottom-up plans, then link plans together via your FP&A function for a cohesive view of all departments, geographies or subsidiaries.

Ensure that corporate strategic plans and performance management systems align resources with business opportunities. Monitor your progress toward strategic goals with executive dashboards and strategy maps.

Facilitate operational planning processes that help senior management pinpoint opportunities to achieve cost savings and operational efficiencies. Cut costs and improve productivity using deep insights to understand business drivers.

Automate and integrate the capital planning process. Project owners can justify major capital projects and forecast project expenditures more easily, while management can ensure that ROI measures are consistent across the organization.

Acquire and retain the right talent at the right time with powerful planning, budgeting, and forecasting tools that help drive efficiency. Automate workforce planning for faster and more accurate results. Collaborate on plans across HR, corporate finance and business operations, integrating data from HCM and ERP/GL systems into one central repository.

Perform complex cost allocations and financial modeling for profitability analysis. Drill down for a granular view of profitability by product, customer, region, sales channel and more.

FP&A solutions that automate manual, labor-intensive processes, such as data collection, can shave days or weeks from planning cycles. Adopt a solution that automates processes and allows you to seamlessly build plans anytime, anywhere, while giving you the flexibility to modify plans to reflect constantly changing business, market conditions and customer preferences.

Organizations can quickly outgrow their planning solutions due to increased data volumes, users or increased complexity in planning models. Implement an FP&A solution that can scale to large numbers of users, handle large and complex data volumes and expand into different business domains, without impacting performance.

Integrated planning aligns users across all business units, from finance to sales, to operations. A dynamic, integrated planning solution aligns top down strategies with operational plans on a planning application that is always up to date, creating one source of truth.

Spend less time manually managing data and more time managing the business, identifying trends and drilling down into data through built-in reporting and analysis capabilities. FP&A solutions with embedded analysis capabilities will not only save time but on licensing costs.

Eliminate errors due to broken links, stale data, improper rollups and missing information. FP&A solutions allow you to trust the data from your solution to make more factual and reliable plans and forecasts. Advanced FP&A solutions will support predictive analytics, enhanced modeling, artificial intelligence and machine learning, facilitating users to create more accurate plans and forecasts.

Adopt an FP&A solution that empowers finance teams with a flexible and easy-to-use solution built for them to own and manage, while providing a holistic view of their organization’s finances, financial statements,  net income, income statements and more. This allows FP&A professionals to quickly build and iterate on their strategic five-year plans, operational plans and forecasts, without requiring IT assistance.

“We used Planning Analytics and IBM Cognos® Analytics to build a unique system for finance purposes, which addresses simulation and reporting for day-to-day processes.” — Laurent Mesnier, L’Oréal

View a sample dashboard that showcases how you can plan, analyze and explore data across departments to help understand the opportunities for improving profitability.

Energy company Nukissiorfiit used machine learning and analytics to automate, accelerate and share intelligent forecasts to drive more informed decision-making.