Helping SMBs Plan and Scale with PlaniFi

Around the world, companies of all sizes know that they need to operate with more intelligence in order to keep pace with their competition. More than half of Fortune 500 companies from 20 years ago are no longer active, and just 20% of companies of any size are able to operate for over two decades. Companies must find intelligent solutions to empower decision makers to plan for the future and adapt to any potential issues.

SAPinsider’s recent SAP S/4HANA Finance State of the Market 2024 Benchmark Research Report found that Financial Planning and Analysis (FP&A) was cited as a pain point by over 44% of respondents – the highest share of any response.

Companies know that they need to find smarter strategies to respond to shifting external market forces, allocate resources, and use their data to improve strategic decision making. Yet companies, particularly small and midsize businesses (SMBs), often do not have the resources needed to implement and support the capabilities needed to leverage advanced FP&A offerings.

FP&A For All in the Cloud

In 2024, organizations are facing unprecedented levels of uncertainty. Market volatility is causing localization and disrupting supply chains. Small and midsized businesses have a hard time keeping up, often because they lack the ability to implement planning capabilities.

Smaller businesses are often an underserved market. They often struggle to access the same level of technological capabilities as larger enterprises within the SAP ecosystem. Many turn to solutions like OneStream or Anaplan, thinking that they cannot afford

To help make these essential FP&A capabilities accessible, many companies are turning to the PlaniFi FP&A Cloud. A sister company to SimpleFi, PlaniFi offers this fully managed solutions, which aims to help SMBs by providing intelligent steering, dynamic resource allocation, immediate response plans, and other important FP&A functions.

Even those who do not have SAP systems can access the entire breadth of SAP Business Technology Platforms offerings through this platform, including AI. The platform’s layout is designed to be intuitive as it leverages SAP technology. Users are able to leverage their own data through this cloud platform, so they do not have to make significant technical and IT investments that would otherwise be necessary.

Overcoming Market Forces

FP&A solutions allow companies to keep track of several key considerations within their organization. These include:

• Revenue
• Cost
• Financial health
• Strategic investment
• Reporting and compliance

Organizations can no longer afford to let these considerations fall by the wayside. However, many smaller organizations cannot afford to implement a full SAP landscape. These white label solutions from PlaniFi help bridge the gap, providing smaller companies with the capabilities of SAP BTP packaged to meet the unique needs of these organizations.

PlaniFi’s FP&A Cloud features prebuilt financial statement models to accommodate reporting and planning needs. This allows companies who ordinarily may not be able to access these capabilities to better understand and plan for their financial future through technological modernization, KPIs and other metrics, and scenario modeling.

Conclusion

SMBs often cannot afford longer downtimes, so PlaniFi FP&A Cloud can be deployed in under a week – typically around 48 hours. This end-to-end FP&A solution allows organizations to eliminate manual work and the potential for errors. As SMBs seek to grow, they need scalable planning solutions like the PlaniFi FP&A Cloud. The platform is scalable to help organizations on their path to growth and future success.

For those seeking to learn more, PlaniFi is hosting an upcoming webinar on September 26 to demonstrate how PlaniFi FP&A Cloud sets up companies for sustainable, long-term growth.