Published: 19 December 2022
Financial planning software is evolving to support the increased demand for agile and continuous enterprisewide planning in a rapidly changing business environment. CFOs can use this research to evaluate planning software solutions, with a view to creating a shortlist that matches their needs.
Finance teams are aiming for more efficient, sustainable and flexible planning that encourages a “total company” mindset, embraces innovation and improves alignment with changing priorities. Financial planning software vendors have responded by investing in cloud-based solutions with extendable architecture that supports integrated operational and financial planning.
Although CFOs identify configurable models, scenario modeling and an application that is intuitive and easy to use as key requirements when evaluating applications, capabilities within these areas are the least differentiated among vendors. Therefore, CFOs should place emphasis on capabilities such as an application’s ability to handle extensive datasets, large concurrent users, artificial
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