Integrated Financial Planning

The mother of all planning

Financial planning is considered the mother of all planning. With its focus on accounts and/or cost centers, it often comes across as somewhat antiquated, but its influence should not be underestimated. This is because the core objective of financial planning is by no means the planning itself. Rather, it should show how dynamic changes affect the company's financial situation. To achieve this, individual sub-plans and their cause-and-effect relationships must also be included. Because only comprehensive, integrated financial planning provides reliable and trustworthy planning figures for corporate management.

Compass for corporate management

Financial planning includes everything from strategic business planning to detailed cost center planning and brings together the results of operational and customer-oriented planning. It is therefore a central core element in the management of the company. It is particularly important to be able to access detailed data in order to understand the assumptions made for the planning data.

Optimize planning processes

With our many years of experience, we are happy to help you modernize your existing planning solutions. Our projects for integrated and agileplanning and forecasting processes focus on the following points:

Optimization of planning processes: Together we develop the ideal target planning process for your specific requirements.
Definition of data models: Together we create the right data model for your planning processes.
Integration of planning: All results, from strategic business planning to cost centre planning, are brought together and harmonized.
Automation of forecasts: Using statistical models, mathematical derivations and machine learning, we take your forecasting process to a new level.

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Our tip: Start with our workshop on maturity level analysis and find out how you too can become more effective in the next budget phase.

To the workshop

Initial screen for integrated financial planning

Insights into the balance sheet

Development of the income statement

Our services for you

Design target processes

In joint workshops, we define your individual target planning process. In the process, we determine the target process that makes the most sense for your company situation either on the basis of our best-practice templates through GAP-Fit or using the Green Field Approach.

Define dimension and data model

We work with you to develop the ideal data model for your planning processes - from the dimensional structure and hierarchical relationships to the organization and processing of metadata.

Integrate operational detailed planning

To ensure that operational plans (at a detailed level) are consistent with financial planning, we integrate all sub-plans into the overall plan and ensure their reconciliation to the income statement.

Integrate planning

For a seamless flow of information and efficient processes, we support you in integrating your planning solution into the system landscape and in connecting all operational systems.

Optimize and automate forecasts with AI

Use the potential of state-of-the-art technologies and methods for automation: Through statistical models, mathematical derivations as well as machine learning, we raise your forecast process to a new level.

Benefit from our prepared framework for automated forecasts. The framework contains an ensemble of state-of-the-art forecasting methods and self-learning algorithms and selects the mathematical model with the most plausible results per time series for each run. The advantage: you no longer have to worry about the calculations and logic in the background.

In addition to historical data, you can also incorporate external information such as weather data, inventory data or market analyses such as IHS data in the automotive sector into the forecast. This allows you to keep an eye on all trends and developments, even for product ranges with thousands of items.

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Harmonize subareas

To ensure that all processes for planning and forecasting future developments are aligned, we support you in harmonizing rolling forecasts, projections and budgeting.