As the role of modern CFOs and finance teams expands, many see Integrated Business Planning (IBP) as a natural way to develop and encourage recurring business partnering and cross-functional communication to align financial and operational plans as a team.
IBP is a management framework designed to align planning with execution and to create focus between finance, sales, operations, marketing and HR. With full organizational engagement, IBP goes beyond traditional S&OP - it also incorporates what's happening outside the company with competitors and consumer trends in order to develop organizational strategy.
This white paper highlights:
- What is Integrated Business Planning (IBP)?
- Today's Common Business Planning Challenges
- Key Requirements for Effective IBP
- How Customers have Benefited from Implementing an IBP Process