If you work in corporate finance, you’ve probably noticed that you’re planning and analytical procedures have been strained and tested this year. COVID-19 may have compelled you to do more forecasting rounds. As a result, you’ve undoubtedly discovered the hard way, like many Finance teams, that you may not have the necessary tools for the task.
If you’re one of the few that doesn’t, there’s still hope: today’s business planning software solutions come in different forms and sizes. As a result, you’re likely to find a solution that’s tailored to your company’s specific requirements.
Some solutions are designed specifically for small businesses. Some provide extra visualization options. Others are only point-solutions for planning or specific planning regions. What does this all imply for you? It indicates your Finance department has a lot of options if you can cut through the clutter and get to the truth.
What is the most effective method for comprehending the options? Of course, you may seek advice from your Corporate Finance peers. This is exactly what the BARC Planning Survey 21 enables you to achieve.
The Business Application Research Center (BARC)
The Business Application Research Center (BARC) is a business software analyst and consulting organization. For more than 20 years, BARC analysts have helped firms with strategy, organization, architecture, and software assessments.
The following important areas are covered by BARC:
- Business intelligence/analytics
- Data management
- Enterprise content management (ECM)
- Customer relationship management
- Enterprise resource planning (ERP)
BARC Planning Survey 21
User opinion on planning procedures and product choices is examined in the Planning Survey 21. This opinion is based on the results of the world’s largest and most thorough poll of planners. The Planning Survey 21 gathered responses from 1,422 people between November 2020 and February 2021, assessing 21 items or groupings of items.
The survey specifically looks at user input on planning product selection and use across 29 key performance indicators (KPIs), such as business benefits, project success, business value, recommendation, customer happiness, customer experience, planning functionality, and competitiveness.
We’re glad to inform that OneStream scored 58 top rankings throughout all four peer groups. Business benefits, project success, business value, price to value, vendor support, implementer support, product satisfaction, data integration, and customer experience were all used to evaluate the organization.
OneStream also got 34 leading positions in four peer groups, including leading positions in project success, price to value, business advantages, business value, planning functionality, and vendor support.