Financial planning and analytics

The customer challenge was that an online distribution company wanted to scale its planning operations and bring cross-organizational collaboration into the planning process. They had challenges in scaling their existing planning solution, which also lacked effective collaboration capabilities.

Traditionally, all businesses do Financial planning and analytics (FP&A). This involves multiple finance teams using hundreds of interconnected spreadsheets for planning and reporting. This is a very time-consuming, error-prone process and limits the amount and number of scenarios that can be used. In this era, organizations are looking to go beyond finance to a more collaborative and integrated planning approach known as FP&A. This involves multiple teams throughout the organization all collaborating with the goal of gaining forecast accuracy and the ability to quickly respond to changes in market conditions.

The planning analytic service in CP4D...