Gartner Research

Corporate Planning and Modeling Solutions Revitalize Traditional Budget, Planning and Forecasting

Published: 02 December 2015

ID: G00277207

Analyst(s): Christopher Iervolino, John Van Decker

Summary

Technological advances in cloud and in-memory computing have enabled the emergence of corporate planning and modeling (CP+M) solutions. Finance and corporate application strategists need to appreciate that these solutions dramatically improve enterprises' budgeting and planning capabilities.

Table Of Contents
  • Impacts

Analysis

Impacts and Recommendations

  • Technological evolution has led to the creation of new CP+M solutions that are replacing traditional CPM BP&F capabilities and extending participation beyond the finance organization
  • CP+M solutions enable users to significantly improve planning processes by adopting new approaches to modeling and forecasting
  • CP+M solutions enable financial planning to extend into an IFP initiative that integrates financial and operational planning by using extended vendor offerings and more flexible solutions that enable deployment beyond the finance organization

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