Business Challenges
- Lack of Sales Planning Platform – Disjointed organization of bottoms up sales planning to drive forecasts and targets
- Functional Disconnect – Various planning platforms made for inefficient data transfer within different verticals of the business
- Siloed Excel Planning – Numerous spreadsheets failed to effectively compile FP&A forecasts, re-forecasts, and budgets. Therefore, the planning process was inefficient and led to cumbersome what-if analysis
Solution
- Anaplan – Replaced an Excel driven Sales planning solution with the capacity to generate commercial forecasts for all products in the opportunity, backlog, or invoiced phase as initiated by TAMs
- Interconnected Processes – Dashboard modeling that allows a consistent methodology and logic, across differing business entities, to generate reliable sales and finance forecasts
- Comprehensive Driver Based Visibility – Empower planners to filter, sort, and update Sales pipeline & backlog details based on dynamic drivers.
- Enable Easy What-If Versioning – Ability to easily create and compare multiple versions to account for potential shifts and decisions past or future
- One-Stop Shop Revenue Backlog Details– Ability to view monthly revenue stream details with the ability to include or exclude items at multiple levels.
Impact
- Drive Efficiency in FP&A Planning – Integrated solution allows for an improved efficiency and performance in sales forecasting, with varying flexibility throughout the sales pipeline & backlog planning process.
- Scenario Modeling – Solution allows for testing of assumptions and application of trends before a final forecast is concluded.
- Automated Management Reporting – Baseline for reporting is widely automated for all products or customers at varying levels of granularity, with minimal user interaction necessary.
