Integrated Business Planning
If the 'integrated' part of your business planning process is based on manually reconciling budget spreadsheets, then we've got good news for you!
CCH Tagetik automates integrated business planning and makes it easy for operational groups - including sales, marketing, HR and production - to communicate, collaborate and align with finance. Now THAT's integrated business planning.
integrated business Planning key capabilities include
ALIGN FINANCE WITH OPERATIONS
CCH Tagetik breaks down the budget barriers; providing a collaborative process-driven framework that facilitates communication and knowledge sharing among participants. With CCH Tagetik, no budget or plan is isolated in a departmental silo. Instead, finance and operations can easily email, IM, notify, alert and share documents, comments, versions, deadlines, workflows and status.
CASH FLOW FORECASTING
See the true cash impact of operational processes with short and long term cash flow forecasting. Supported by advanced modeling logic, you can forecast cash, inventory, accounts payable and receivable by country, customer, segment and intercompany transactions to improve management of cash position, interest expense, and working capital utilization.
COSTING & ALLOCATIONS
With CCH Tagetik's powerful allocation engine, it's easy to allocate direct, indirect and activity-based costs down to the most granular level. Assess profitability based on detailed analysis of true costs across the organization, including all departments and all pricing positions, from distribution waterfalls to complete multi-step allocations across multiple dimensions.
REAL-TIME PERFORMANCE INSIGHTS
Get the right information, at the right time, in the right format - delivered the right way. CCH Tagetik provides real-time updates, alerts and notifications - via email, the application or your mobile device, so you can instantly assess, analyze and take action. From scorecards, to dashboards to web reporting and ad hoc analytics - CCH Tagetik powers real-time agile planning.
Assess changing market and internal operating conditions, model variances and business drivers, then update and reforecast plans, financial statements and budget.CCH Tagetik stores real-time actual and historical information, plus planning and budgeting data, so you can quickly forecast across fiscal years and develop periodic and rolling forecasts easily.
VARIANCE ANALYSIS & REPORTING
CCH Tagetik automatically calculates and highlights variances - such as the difference between scenarios, plans, forecasts and actuals, vis-a-vis operational drivers including volume, price, cost, others. Not only does this reconcile operational and financial plans, but it provides greater insights into the cost of sale and the sourcing drivers that impact it.
CCH Tagetik's integrated business planning Software is trusted by leading companies across all industries
Budgeting, Planning, Cash Flow (Integrated Business Planning), Consolidation
Browse our Resources
CCH Tagetik gets Integrated Business Planning
CCH Tagetik’s Integrated Business Planning (IBP) solution unifies strategic, financial, sales and operations planning (S&OP) processes.
What should be “Integrated” in Integrated Business Planning (IBP)
Blog post by Dean Sorensen - Founder and Management Consultant in IBP Collaborative
CCH Tagetik Integrated Business Planning (IBP)
Discover the benefits of Financial and Operational (S&OP) Integration. In collaboration with IBP Collaborative
Budgeting & Forecasting. OCLC wanted to unify its budgeting and forecasting processes in a single, centralized system
Collaboration – the cornerstone of integrated business planning
Blog post by Gary Simon - Group Publisher in FSN Publishing Limited
Worlds apart? Financial and Operational Planning need to come together
In collaboration with Supply Chain Insights
The Plan of Plans - A How-to Guide for the Chief Financial Officer to Integrate Operational and Financial Plans
Author: Lora Cecere (Supply Chain Insights) & Dave Kasabian (CCH Tagetik)
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