Agile Planning

Continuous Driver-Based Planning: What can it do for you?

Agile, driver-based, continuous planning is accomplished with very sophisticated, integrated planning and analysis software that fully supports the requirements for budgeting, forecasting and financial reporting.

The best application is multi-user and incorporates built-in unit/rate/amount architectures, modeling tools and analytics designed specifically for agile, driver-based planning – to improve your planning, analysis and decision making processes. It should have driver-based modeling interfaces that directly support requirements for building robust activity-based sub-models for revenues, headcount, expenses and balance sheet items – with automatic rollups to financial statements. It should act as a real planning and analysis tool versus a budgeting application.

The software must incorporate a multi-dimensional data structure with capabilities for “slicing and dicing” data and creating profitability analyses across multiple dimensions (i.e., accounts, products, customers, regions, projects and more). The best software has structures for handling a multitude of scenarios within a plan file plus the ability to change any or all scenarios with simple inputs and mouse clicks. Scenarios also allow real-time simple or complex “what if” analysis. And, there are tools for importing actuals from any data source for integration with plan data and for building any type of financial report.

Agile planning has tested 8 to 10 times faster than Excel for building and analyzing financial plans – with more flexibility and clearer visibility into linking relationships.

Agile, driver-based planning is accessed through robust client file server architecture with multi-user security that is more efficient than spreadsheets. It also is available as a software-as-a-service (SaaS), cloud-based application. It is immediate and responsive (seconds vs. minutes or hours – and, real time vs. once-a-year budget process). It provides dynamic (continuous planning and rolling forecasts) vs. static (one period budgets).

Agile, driver-based planning acts as the cornerstone of your strategic plan. It will become the catalyst and foundation of your planning process.

REAL INSIGHTS

ACTIONABLE KNOWLEDGE

within an interactive framework

MANAGEMENT DECISIONS