Are your planning tools fit for purpose?

No two businesses are the same. You need tools that can deliver precise functionality so you can really make your Financial Planning and Analysis (FP&A) work for you. That’s why flexibility is so important. If your technology stack is too rigid and structured, you can end up with the tail wagging the dog because your tools limit how you can plan. 

IBM Planning Analytics / TM1 allows you complete control over your planning by giving you tremendous levels of flexibility and configurability. Leverage your custom-built system to optimise your planning workflows and, from there, you’re only limited by your imagination.

Common challenges

  • Rigid structures

    If a planning tool is too rigid, you’re limited in what you can accomplish.

    • Overly simplistic

      When a planning tool isn’t flexible, there’s a tendency to default to very simple models that can be handled by the tool. Unfortunately, this often results in overly simplistic planning that not only ignores the inherent complexity of a modern business, but gives you a false sense of security about the accuracy of your business plans.

    • Poor decision-making

      Without the flexibility to build a planning system that is designed specifically for your organisation, your planning is simply not going to be as effective as it should be. Worse still, you won’t be able to dig into why mistakes took place, leaving you in the dark about where improvements can be made.

    • Custom-built planning workflows

      Cubewise and IBM Planning Analytics / TM1 offer a flexible and customisable planning framework that adjusts to your company’s unique considerations, allowing you to configure things with precision and context built right in. It’s the best way to maximise the impact of your planning across all time horizons.

  • Multiple tools

  • Infrequent planning

  • Overly simplistic

    When a planning tool isn’t flexible, there’s a tendency to default to very simple models that can be handled by the tool. Unfortunately, this often results in overly simplistic planning that not only ignores the inherent complexity of a modern business, but gives you a false sense of security about the accuracy of your business plans.

  • Poor decision-making

    Without the flexibility to build a planning system that is designed specifically for your organisation, your planning is simply not going to be as effective as it should be. Worse still, you won’t be able to dig into why mistakes took place, leaving you in the dark about where improvements can be made.

  • Custom-built planning workflows

    Cubewise and IBM Planning Analytics / TM1 offer a flexible and customisable planning framework that adjusts to your company’s unique considerations, allowing you to configure things with precision and context built right in. It’s the best way to maximise the impact of your planning across all time horizons.

We’ve faced this issue before

Amazon Web Services case study

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