INTEGRATED FINANCIAL PLANNING
Integrated Financial Planning and Analysis (FP&A) with Power BI
Continuous integrated financial planning and analysis have never been as important as today. In a world constantly changing, plans need to be easily updated on an ongoing basis.
Have you outgrown the basic planning functionality of your ERP system? Or are you tired of running manual cumbersome time-consuming spreadsheet-based financial planning and reporting processes?
With Aimplan you transform Power BI to become a true integrated FP&A solution.
Simplify and speed up the target-setting budget process
Maybe you are not abandoning the traditional budget process, but you sure want it to run as fast and smooth as possible. Define financial and non-financial stretched targets. Involve managers and leaders on all levels to align and get buy-in to goals and targets.
With Power BI you can provide decision-makers with the right information to set targets. But by adding Aimplan you can also give them the power to do data entry, planning and commenting - direct within Power BI.
Continuously monitory, reforecast and adapt to the future using rolling forecasts
Gather the best information available from the people who know what's going on - your employees! Make it easy for cost center managers, sales leaders, project managers and many others to contribute to providing a 360-degree view of your business.
Using Power BI and Aimplan you can easily and automatically update your forecasts with actual data from the ERP system and other data sources. This is key to being able to continuously reforecast. Then let your Power BI users make their best current estimates about the future.
Use internal and external driver- metrics to drive forecasting
The old way of doing budgeting and forecasting was to ask people to directly provide financial numbers such as revenues and costs from scratch. A modern approach is instead to do 'driver-based' planning using non-financial metrics to drive planning and forecasting.
Drivers can be for example; website visitors, customer visits, orders, payments, support calls, quantities, hours and other key business drivers.
Instead of directly entering financial numbers, users instead forecast these drivers which the system then translates into revenues and costs. With Aimplan and Power BI you can implement driver-based planning and forecasting.
Play different scenarios - zero-based, incremental or hybrid
What about Plan B, Plan C, and Plan D? With Aimplan and Power BI you can work and simulate different scenarios simultaneously. Easily create a new scenario by copying a previous scenario and combine with latest actuals.
Aimplan with Power BI can support all methods of budgeting and forecasting - zero-based, incremental or a hybrid of both.
Run your financial reporting direct within Power BI
With Aimplan you have your planning and forecasting data easily available in Power BI. This implies that it's very easy to combine your financial actuals reporting in Power BI with your targets and forecasting data. All are easily accessible direct within Power BI.
Aimplan makes it easier to create and configure financial reports the way you want them. And you can easily export to Excel and PDF and print reports.