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Improve Your Reporting Process with IBM Planning Analytics

Imagine having a reporting process that allows you to automate your financial planning, budgeting, forecasting and analysis? Well, now you can with IBM Planning Analytics. With its smart data discovery, automated predictive analytics and cognitive capabilities, it means you can interact with data conversationally.

Date: 12 July, 2018

Imagine having a reporting process that allows you to automate your financial planning, budgeting, forecasting and analysis? Well, now you can with IBM Planning Analytics. With its smart data discovery, automated predictive analytics and cognitive capabilities, it means you can interact with data conversationally.

Reporting/Analysis Functionality

IBM Planning analytics offers the full functionality of spreadsheets while integrating your financial results and analysis with operational plans for an improved and faster execution. Users of the solution can view reports such as rolling forecasts from a web interface rather than having to compile spreadsheets. Reports are updated automatically, and each individual person can save their own subsets of the reports that are the role relevant to their role.

Exceptional Insights

If you’re looking for a solution that helps manage your critical assets more efficiently and effectively while providing your business with valuable insights, then look no further than IBM Planning Analytics.

The solution lets you create smarter and more informed plans, budgets and forecasts. Its advanced analytics tool allows you to search for insights instantly, so if you need to spot a trend, you and your team are on top of it as soon as it occurs.

Transformation Story – Allen Edmonds Shoe Company

Men’s shoe specialist, Allen Edmonds stock approximately 100 different shoe sizes and widths for every shoe style.  Offering a wide style choice and comfort is a key competitive differentiator for their business.

As you can imagine, stocking such a vast variety of each shoe can involve a considerable amount of planning, especially when avoiding excess inventory and knowing which styles to place in which stores.

In the past, Allen Edmonds relied on complex spreadsheets for their inventory and pricing processes, however, as the business grew this became increasing time consuming and complicated. To get it’s planning and sales on a better footing (pardon the pun), Allen Edmonds looked to IBM’s Planning Analytics to take their business to the next level. The speed, accuracy and flexibility of the solution transformed their planning and reporting capabilities, putting an end to poor business decisions and staff spending the entire day compiling reports.

“Our reporting processes are at least 50% faster now which has a real positive impact on the way we do business”. – Connie Walsh, Director of Retail Inventory, Planning and Analysis, Allen Edmonds.

Download our latest IBM Planning Analytics guide on planning, budgeting and forecasting software.  https://enterprise-software.co.uk/resources/planning-budgeting-and-forecasting-software-selection-guide/