Agile companies plan not just once a year, but multiple times. This provides more up-to-date plans and information on any necessary budget adjustments. To do this, they use modern solutions that provide the opportunity for better agility and resilience. Jedox starts with automated data integration and retrieval. Actuals and plan data from source systems, departments and branches are automatically queried via direct connection or workflow and integrated into a common database.
Planning cycles are thus accelerated enormously, and budgets can be reconciled quickly. Regular forecasts (e.g., rolling) can also be automated. This means that finance always has an up-to-date overview of the company’s performance vs plan. They can quickly identify deviations and react promptly. Easily work directly in Excel with the Add-In, via the web interface in browser, mobile, or wherever the data resides.