Integration is Essential for Collaborative Planning

Collaborative enterprise planning systems and techniques are being continually enhanced, because FP&A professionals now realize planning is more than just a user interacting with a single model. Collaborative planning requires an enhanced set of technologies not found in earlier planning solutions. Those solutions tended to be little more than calculation machines where data was submitted by users through a standard template and consolidated through the organization’s business hierarchies, with a set of results produced for senior management to review. Many of these capabilities are still required, but by themselves are not enough to support true collaborative planning. To be effective, collaborative planning systems must integrate a number of technologies that together form the basis of a solution.

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