FP&A is evolving
As we enter a new era of finance transformation, and with organizations looking to integrate, manage and analyze their enterprise data, the FP&A job description will take on a strategic, digital-first approach. Organizations will need to adopt strategies that are focused on process automation, integration, agility, transparency and data-driven decisions that expand across the entire enterprise. Creating plans that provide an enterprise-wide impact is the new normal. It’s no longer just about financial planning and analysis (FP&A); now, it also includes the expansion into extended planning and analysis (xP&A).
IBM® Planning Analytics with Watson® accelerates the planning process. FP&A teams can now focus on higher-value work by providing deep insights into business drivers, forecasting multiple scenarios and generating predictive insights to adjust plans and forecasts easily. With IBM Planning Analytics with Watson, planning and analysis can be easily extended across all lines of business to ensure operational activities are aligned with financial plans and corporate strategies, objectives and business targets, in order to meet the organization’s goal.
Planning solutions for financial planning & analysis
Planning, budgeting & forecasting
Deliver dynamic, reliable plans, budgets and forecasts with speed, and easily adjust as the market changes. Infuse AI, predictive insights and advanced analytics into your process to make smarter business decisions and drive future-ready business performance.
Profitability modeling & analysis
Gain new insights into the drivers of revenue, profit and cash flow by evaluating the performance of products, customers, channels and model changes. Resources can then be shifted to support the most profitable areas of the business.
Align financial plans with operational plans, linking strategic goals with operational performance and execution. This will provide a holistic view of the business to drive better financial outcomes.
Modern FP&A solutions drive business results
91% of enterprise performance management and BI Analytics users can track actual performance against budget
50% improvement in time to complete a forecast
1.58x more likely to execute what-if analysis
How resilient is your business to market disruptions?
Watch the demo
Watch the solution in action
Discover how IBM Planning Analytics with Watson can be used to create and track a financial plan for a large enterprise with multiple divisions, by allowing finance teams to access real-time data across the organization.
Create a revenue plan
Ancestry models 51 quintillion data points
“The key in any business is to be able to react quickly. You don’t want to wait one day, two days, or even several hours to make a decision. With Planning Analytics [with Watson] you can go in, make a change in the parameters or make a code change so easily, and users are able to see the end results.”
FP&A Application Manager for Ancestry