Integrated Financial Planning

Financial planning - the basis for corporate strategy

Financial planning is considered the mother of all planning and is the central control parameter for all financial decisions in a company. With its focus on accounts and/or cost centers, it often comes across as somewhat antiquated, but its influence should not be underestimated. This is because the core objective of financial planning goes far beyond simple budgeting. Rather, it should show how dynamic changes affect the company's financial situation. To this end, individual sub-plans and their cause-and-effect relationships must also be included in financial planning. After all, only comprehensive, integrated planning provides reliable and trustworthy figures for corporate management.

Integrated financial planning as a strategic compass

Integrated financial planning includes everything from strategic business planning to detailed cost center planning and brings together the results of operational and customer-oriented planning. It is therefore a central core element in the management of the company. It is particularly important to be able to access detailed data in order to understand the assumptions made for the planning data. Precise financial planning creates transparency and enables companies to react to financial challenges at an early stage.

Optimization of financial planning processes

We are happy to use our many years of experience to help you modernize your existing financial planning. Our projects for integrated and agileplanning and forecasting processes focus on the following points:

Efficient planning processes: Together we develop the ideal target planning process for your specific integrated financial planning requirements.
Structured data models: Together we create the right data model for your planning processes.
Integration of all planning levels: All results, from strategic business planning to cost centre planning, are brought together and harmonized.
Automation of forecasts: Using statistical models, mathematical derivations and machine learning, we take your forecasting process to a new level.

Optimized and integrated financial planning helps companies to react faster and more flexibly to changes and make well-founded decisions. Let's take your financial planning to the next level together!

Our tip: Start with our workshop on maturity level analysis and find out how you too can become more effective in the next budget phase.

To the workshop

Initial screen for integrated financial planning

Insights into the balance sheet

Development of the income statement

Our services for you

Design target processes

In joint workshops, we define your individual target planning process. In the process, we determine the target process that makes the most sense for your company situation either on the basis of our best-practice templates through GAP-Fit or using the Green Field Approach.

Define dimension and data model

We work with you to develop the ideal data model for your planning processes - from the dimensional structure and hierarchical relationships to the organization and processing of metadata.

Integrate operational detailed planning

To ensure that operational plans (at a detailed level) are consistent with financial planning, we integrate all sub-plans into the overall plan and ensure their reconciliation to the income statement.

Integrate planning

For a seamless flow of information and efficient processes, we support you in integrating your planning solution into the system landscape and in connecting all operational systems.

Optimize and automate forecasts with AI

Use the potential of state-of-the-art technologies and methods for automation: Through statistical models, mathematical derivations as well as machine learning, we raise your forecast process to a new level.

Benefit from our prepared framework for automated forecasts. The framework contains an ensemble of state-of-the-art forecasting methods and self-learning algorithms and selects the mathematical model with the most plausible results per time series for each run. The advantage: you no longer have to worry about the calculations and logic in the background.

In addition to historical data, you can also incorporate external information such as weather data, inventory data or market analyses such as IHS data in the automotive sector into the forecast. This allows you to keep an eye on all trends and developments, even for product ranges with thousands of items.

Harmonize subareas

To ensure that all processes for planning and forecasting future developments are aligned, we support you in harmonizing rolling forecasts, projections and budgeting.