Increasing the efficiency of budgeting and business planning is the key to improving the performance of the entire company. Having correctly planned and allocated resources to achieve business objectives, the company management receives a tool to improve the manageability of business processes, transparency of financial condition and results of the company for shareholders, the ability to respond quickly to changes in the company's performance. By going through a digital transformation of the financial function, the company can achieve the next target state:
We suggest considering IBM Planning Analytics, designed for efficient planning based on alternative scenarios, data analysis and financial management within a single department and the company as a whole, as a platform for the transition to the new quality of corporate finance.