EY teams help organizations develop next-generation planning and forecasting functions:
Scenario modeling and forecasting
- Improve ability to predict outcomes and manage risk.
Embedded business partner
- Provide better and faster information to key stakeholders, from investors to supervisory boards.
Improved performance management
- Improve enterprise performance management by combining financial and non-financial data.
Automated, integrated and accessible insights
- Automate insights, based on advanced analytics and integrated with detailed operational planning, available globally from anywhere at any time.
EY teams use next-generation integrated business planning (IBP) to crown finance as the champion of an integrated strategy to operate across all functions to collaboratively plan, execute and course correct as an enterprise.
The EY approach to IBP:
- Business functions work together to build a unified, integrated plan that also assesses profitable category, channel and customer performance.
- The solution leverages technology and planning tools to efficiently execute and manage data collection, planning processing and generation of analytics that support executive decision-making.
- Leading-class enterprise business planning implementation drives cross-functional, team-based planning and execution over rolling three-to-five year time cycles.
- Teams align marketing and sales strategies and priorities progress in lockstep with shorter-term supply constraints and eventual medium- to longer-term flexibility.