Analyst Report
Ventana Research - The Five Pillars of Business Planning Transformation
Why a Planning Platform Is Essential
The myriad of plans organizations rely on are typically created in silos, which limits coordination and organizational alignment. Today, though, technology can play a vital role in improving the value and effectiveness of companies' planning processes.
Five key ingredients are necessary for more effective predictive planning and to achieve a higher return on your company's planning processes:
- a unified platform for planning, reporting, and analytics that combines financial and operational data
- short planning, budgeting, and review cycles with measurable objectives
- driver-based planning
- analytics to enable planners to create more accurate plans and budgets
- collaboration and high participation
Do you want to discover more about each of these key aspects of next-generation planning? Download this Ventana Research whitepaper