With data–driven planning, finance has the unique opportunity to capitalize on the most precious asset of the business, data, to drive better connectivity and decision making across the enterprise; to become a true strategic partner to the business; and to help the organization gain a competitive advantage.
But what is data-driven planning? What benefits does it bring to finance teams and their stakeholders in the business? What does it mean in practice? In this whitepaper, we discuss the value of data-driven planning, the challenges of employing it, and how organizations can take advantage of the opportunities it provides. We also highlight several use cases and share key considerations and tips to make data-driven planning a reality within your organization.