Finance teams need to rely on accurate, agile planning and forecasting to keep up with the dynamic changes in today’s marketplace. Static planning, defined by long planning cycles and siloed processes, is not optimised and fast enough to adapt and respond to these changes.
Unlike static planning, the integrated process of active planning has unparalleled benefits when it comes to team collaboration, responsiveness and planning insights.
With an active planning process, budgeting and financial forecasting become transparent and agile. A full audit trail in the planning process enables all parties involved to view any changes made to data or financial reports. Better visibility also enables improved collaboration.
Adaptive Insights is the worldwide leader in cloud-based business planning solutions for companies and nonprofits of all sizes. The company’s software as a service (SaaS) platform allows finance and management teams to work together to plan, monitor report on, and analyse financial and operational performance.
Collaborative financial planning empowers all stakeholders to engage in planning using the same single source of shared data easily accessible through the cloud platform. Working on a unified financial data source improves accuracy and eliminates the risk of errors.
Responding faster to changes in the marketplace and performing updates in due time is essential in financial planning. Active planning allows for continuous budget planning and rolling forecasts by integrating and automating the information used in the process.
Creating financial reports becomes easier and faster with active planning through the automation of data collection and processing. Reports and dashboards are accessible to all departments – financial and otherwise – and provide a comprehensive overview of key financial and operational metrics.
Active planning allows businesses to spend more time on analysis, delivering deeper insights and enabling management to make decisions driven by data across the organisation. An active planning process that leads to accurate, agile financial planning that analyses operations in real time to predict future performance and drive business growth.
“Implementing Adaptive Insights in our organisation was revolutionary for our business and a significant move forward. So much so, we have recently received an internal award for the impact our solution has made.” – Zoona, financial services provider
With Adaptive Insights, you can embrace active planning with the world’s first business planning cloud. Chart your path to active planning—in finance, sales, and throughout your organisation.
Connect with Decision Inc. to learn how you can deploy the Adaptive Insights Business Planning Cloud for intuitive budgeting, planning, forecasting, reporting, and dashboards.