Where it’s used

Finance        Supply chain        Sales        Workforce        Marketing        IT

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.

Use cases

Planning solutions for financial planning & analysis

Planning, budgeting & forecasting

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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

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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.

Operational planning

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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

Performance tracking

91% of enterprise performance management and BI Analytics users can track actual performance against budget

Accelerate forecasting

50% improvement in time to complete a forecast

Test scenarios

1.58x more likely to execute what-if analysis

How resilient is your business to market disruptions?

Demos

Watch the demo

FPA and IBM Planning Analytics with Watson

FP&A and IBM Planning Analytics with Watson (07:24)

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

Screenshot of charts from Planning Analytics program

Create a revenue plan

Explore the innovative functionality that helps planning professionals overcome common challenges of planning, budgeting and forecasting.

Featured resources

Software selection guide

Find the best planning, budgeting and forecasting solution for you.

Constellation Research report

Learn why modern planning platform are necessary for success, and how to stay agile in uncertain times.

Change in the Office of Finance

Ventana evaluates barriers to digital transformation in financial operations.