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Corporate financial planning applications are the most widely used strategic corporate performance management (SCPM) solutions. Vendors supporting corporate financial planning processes vary in their focus. Some exclusively address the needs of the office of finance; others can also be configured to support certain planning requirements in other business domains, such as for operational risk or sales planning. Still others focus on particular industries. Application leaders in finance need to prioritize key financial planning and analytic needs, and ensure supporting processes are more collaborative, continuous and consistent.
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