Business Planning Reporting and Analytics solution

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.

The EY approach to close and consolidation helps organizations develop accuracy and completeness of financial data. EY teams help organizations build next-generation consolidations that allow:

Out-of-the-box consolidations

• Standardized consolidation policies and procedures that can be customized for organizational needs

Executive reporting

• Access to advanced reporting solutions to satisfy reporting needs at different organizational levels

Data integration

• Leverage strong in-built extract, transform and load (ETL) capabilities to integrate disparate data sources and other EPM or external applications.

Financial close workflow

• Integrate supplemental data into consolidation tool and enhanced visibility into close processes and bottlenecks.

Software-as-a-service solution

• Reduce application support costs, increase application flexibility and shorten time to value.

EY teams use six building blocks to help organizations build advanced reporting and analytics capabilities:

Reports

• Easy-to-use and intuitive report interface for standard and self-service reports
• Graphs and charts with variety of attractive visual formats, allowing users to edit reports and combine multiple reports

Self-service

• Ability to filter data in a report based on predefined parameters and ability to drill down and explore data to discover new insights
• Ability to share data and reports users have built within a business intelligence tool and outside the tool through other collaboration platforms
• Automatically suggests data types, schemas and hierarchies

Data sourcing

• Compiles data from a breadth of internal or external sources and enables users to communicate data by securely exporting and sharing it.
• Data segmentation enables users to segment customer or prospect data in meaningful ways, such as by industry or region.

Advanced analytics

• Users can analyze current and historical trends to make predictions about future events.
• Users can handle large, complex and/or siloed data sets, and integrate data, logic and objects with other software applications.

Building reports

• Real-time reporting obtains live data for whoever is currently accessing your site.
• WYSIWYG (what you see is what you get) report design provides users with an interface to easily design and refine their dashboards and reports.

Data management

• Data transformation converts data formats of source data into the format required for the reporting system without mistakes.
• Data modeling features provides the ability to structure data in a manner that allows extracting insights to be done quickly and accurately.