Next Generation Finance - Integrated Business Planning

Transcription

1 Next Generation Finance - Integrated Business Planning Moving from traditional FP&A to Integrated Business Planning Re Emergence of Zero Based Budgeting

2 Integrated Business Planning (Connected Planning) Agenda About Anaplan PBF The Finance Challenge Speaker David Padgett RVP APAC Anaplan Connected Planning ZBB Remerges Summary & Next Steps Q&A 20 years in Business Solutions Focused on ERP, BI, EPM 16 years in Asia 3 years at Anaplan Located at APAC HQ, Singapore

3 Anaplan momentum Anaplan Story 2011 commercial launch 700+ customers in over 40 countries 16 offices in 12 countries 650 employees in 15 countries 75%+ FY17 subscription revenue growth $120M FY17 total revenue (FYE January) Innovation Morgan Stanley Award Patented in-memory data engine 52 industries 200+ apps

4 Global Clients

5 Anaplan Recognition 2017 LEADER 2016 VISIONARY 2016 HYPE CYCLE LATEST MARKET GUIDE Sales Performance Management Magic Quadrant Strategic Corporate Performance Management Magic Quadrant Human Capital Management Software, Workforce Planning & Modeling Trade Promotion Management and Optimization 2016 CTO Award for Innovation

6 Aligning the terminology Car Analogy ERP, BI & EPM Controls & Sat Nav Where do we need to go? = EPM/CPM (PBF) How do we best get there? When will we arrive? Rear View Mirror What/How did we do? = Business Intelligence Reporting & Insights Chassis & Engine Move the car along = ERP/CRM/SCM/HRM System of record

7 PBF The Finance Challenge

8 External factors impact company strategies Customer demands Government regulations Market volatility Digital disruption

9 creating pressure to react quickly Requires more efficient allocation of capital Closer collaboration with the business More frequent budget adjustments Finance

10 Traditional planning challenges persist Spreadsheet hell Managing plugs Non-standard schema, varying measures and metrics Rapidly changing business environment Disparate data Financial surprises

11 Siloed Operations MARKETING Limited Scale & Collaboration HR Global vs. Regional FINANCE Rigid SALES No Audit & Controls IT Misaligned Plans OPERATIONS No Trust in Data PRODUCT Resource Intensive

12 PBF - A broken process LEGACY APPS EXCEL SPREADSHEETS P SLIDES SCREENSHOT P P P P P

13 Connected Planning for Finance

14 Plan Act Optimize Customers Partners Distributors Suppliers In real-time, with confidence

15 New Age of Connected Planning Data: Single, secure source of planning data People: Greater collaboration, deeper insights, and faster alignment Plans: Analyze and refine plans dynamically in one area or across the business

16 Connected Planning across the enterprise SALES FINANCE Manage volume, complexity and collaboration MARKETING CONNECTED, DATA-DRIVEN PLANS SUPPLY CHAIN IT HR ERP CRM HCM FINANCIALS OTHER

17 Meeting different User needs Management Speed Productivity Accuracy Architecture aligned to strategy IT Security Partnership Governance Plans aligned to strategy Center of excellence Individual More impact Higher-value work Better decisions

18 Finance will lead Connected Planning Traditional Planning Control Aggregated Periodic Rigid Connected Planning Performance Informed Decisions Speed Productivity Q4 Q1 Q3 Q from an office of finance focused control effort to one that is more integrated with operational plans. Gartner

19 Connected Planning in Finance INTERCOMPANY RECONCILIATION JOURNALS & ELIMINATIONS CURRENCY TRANSLATION LONG RANGE PLANNING SCENARIO ANALYSIS INITIATIVE & GOAL MGT TAX PLANNING & REPORTING FINANCIAL CONSOLIDATION STRATEGIC PLANNING REVENUE PLANNING TRANSFER PRICING CASH FLOW PLANNING & FORECASTING CURRENCY PLANNING TAX & TREASURY FINANCE REPORTING & ANALYSIS BUDGETING, PLANNING & FORECASTING OPEX PLANNING CAPEX PLANNING HEADCOUNT PLANNING ACTIVITY BASED COSTING DASHBOARDS & KPIS FINANCIAL REPORTING MANAGEMENT REPORTING STATUTORY REPORTING BOARD REPORTING

20 Connected Data for Finance Integrate any data source Centrally manage common elements Make changes in one place

21 Connected People for Finance

22 Connected Plans for Finance

23 Finance customers start with PBF

24 Connected Planning journeys vary by customer

25 Finance customers benefit from Connected Planning Sources: Forrester TEI study, AirAsia Expedia, Del Monte

26 Time spent Productivity savings, higher-value work Traditional Planning Connected Planning Analyze and decide Analyze, collaborate, and decide Aggregate and normalize data Model

27 CPA View point Sesh Iyer Anaplan Principal Business Partner Standards Change & Coverage IFRS 10, IAS 28, IAS 27, ASC 606, etc IFRS 16 and FASB ASC Lease accounting Impact analysis (by PWC) IAS 39 - FX hedging & Hedge accounting Financial instruments: Recognition and Measurement IAS 8 and IAS 11 - Construction Contract accounting Transparency & Granularity Drill down for Management reporting Integration & Accuracy Data administration -> More time on Analysis/Advisory Simulation Engine What if Scenarios, Driver based planning & Variance Analysis Real time reporting Single Version of Truth, Role based security & Audit Trail Ownership Within the Business, don t rely on IT or external consultants

28 Connected Planning for Finance.ZBB is back!

29 Going deep on ZBB P&L B/S C/F Why ZBB? Data & Excel Tools/Platform? Deployment Benefits Best Practices What s Next?

30 Key Points Scope - North America Duration - 10 week project Decision August Go Live mid October Users - almost 500 (in NA) Partner McKinsey Savings - $ m annually Additional rollouts EU live in April LA/AP July What next? Replacing SAP BPC Replacing 3 Hyperion Systems Using Anaplan for global FP&A Video uploaded to You Tube

31 Hot topic with the SI/Consultants! Plenty of reading available; Whitepapers Case Studies Partner Articles Industry Insights

32 Summary & Next Steps...Connected Planning

33 Strategic Role of Finance The CFO and office of finance must re-examine new opportunities for orchestrating financial performance, in order to address traditional performance management shortcomings and support new digital business models. Gartner, The Office of Finance Must Embrace New Planning Frameworks to Link Strategy and Execution

34 Connected planning & performance management Strategic Business Plans Long range scenario plans Risk analysis Top-down growth initiatives Strategic Business Plans Financial Budgets & Forecasts Initiative plans Zero-based budgets Rolling forecasts Activity costing Statistical forecasting Analyze Performance Speed Productivity Accuracy Financial Budgets & Forecasts Analyze Performance KPI s Dashboards What-if analysis Operational Plans Operational Plans Sales (Territory, Quota, Capacity) Marketing (Campaigns, Events) Workforce (Headcount, Capacity) Supply chain (Supply & Demand) IT (Projects, Capital)

35 Connected planning & performance management People Real-time visibility with personalized views Plans Integrated business plans with instant updates across billions of cells Planning, Budgeting, and Forecasting Workforce Workforce Planning Workforce Optimization Corporate Strategic Planning Finance Connect every area of your business Revenue Modeling Financial Consolidations Sales Territory and Quota Planning Incentive Compensation Sales Forecasting Performance Aligned goals, measures, drivers, and data elements IT Agile Implementation Project Management Demand Planning Supply Planning Supply Chain Marketing Marketing Performance Management Trade and Promotion Planning Sales and Operations Planning

36 Anaplan.com great content, demos & videos

37 Anaplan.com great content, demos & videos 3-4 minute videos Narrated demos Each LoB covered

38 App Hub pre built Enterprise Planning Apps

39 Connected Planning Key Take Aways Planning Change evolution or revolution? Holistic Finance single platform (PBF, Consol, Reporting) Improve Control workflow, versions, audit & governance Take Ownership keep it in the business Connected Planning after finance, where next? HR, Sales, Ops? Timing planning or performance mgt? Leadership who is the Champion?

40 Next Steps - Awareness Reading review subject Whitepapers (FP&A, ZBB, Consolidation, IBP) Expertise talk to your consulting partners (Accenture, Deloitte, PWC, KPMG, E&Y, McK, Bain, BCG) Events/Webinars join regular sessions Meetings happy to talk directly & show Anaplan Next Steps - Education Training - Introduction to Anaplan Date - 26 th May, Location - Suntec Register in advance to attend limited places If sufficient interest from members, we could arrange an ISCA specific event

41 Contact M; / O;