Host Analytics Modeling Cloud Simplifies Planning and Reporting

August 25, 2015

Our benchmark research on next-generation business planning finds that a large majority of companies rely on spreadsheets to manage planning processes. For example, our out of five use them for supply chain planning, and about two-thirds for budgeting and sales forecasting. Spreadsheets are the default choice for modeling and planning because they are flexible. They adapt to the needs of different parts of any type of business. Unfortunately, they have inherent defects that make them problematic when used in collaborative, repetitive enterprise processes such as planning and budgeting. While it's easy to create a model, it can quickly become a barrier to more integrated planning across the business units in an enterprise. 

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