Enterprise planning involves setting business goals and then working on meeting those goals. Enterprise planning is carried out by different lines of business and departments across a company. Finance, sales, human resources, project management, and other stakeholders offer essential functions to the company, and each of them “plan” within the scope of their function. These discrete operational plans cannot be established in a silo. 

Businesses require more than just spreadsheets to facilitate organizational planning and analysis. Manual processes or siloed tools like spreadsheets present a myriad of challenges for users like: 

• Excessive Manual Work – Leading to lower productivity and bottlenecks in decision making
• Merging Predictions – Combining data is a challenge if different users are forecasting in different versions 
• Collaboration – How do stakeholders self-organize to work on individual parts of the predictions?
• Decentralization – Lack of a single source of truth across the business

The interconnectivity between plans/departments across the enterprise is critical to ensuring overall enterprise alignment. 

SAP Analytics Cloud fosters this collaboration and creates alignment across departments. Leveraging an end-to-end cloud-based solution like SAP Analytics Cloud empowers businesses to experience collaborative enterprise planning at its best. The planning and analytics abilities of SAP are also integrated into the SAP/4HANA cloud. These innovative data actions and pre-built content for enterprise planning and analysis empowers stakeholders to coordinate and execute multi-step planning processes within a singular system without the hassle of moving from disparate tools or getting lost in numerous spreadsheets.