Top 10 Budgeting and forecasting Solution Companies - 2019

The Quintessential Technology Source for Corporate Financial Professionals

Plansmith: Perfecting the Art of Planning

Top 10 Budgeting and forecasting Solution Companies - 2019

The entire finance function is going through a seismic evolution with the planning, budgeting and forecasting roles in a state of flux. Budgeting and forecasting play a crucial role in defining the outlook and direction of businesses, which is why it is important for enterprises to foresee and prepare for the future as much significance as the present. However currently, budget managers and organizational heads struggle through redundant tasks as most of the organizations still use traditional budgeting and forecasting tools, leaving them with less time for planning and implementation. To be in pace with the rapidly changing business landscape and address the varying demands, budgeting and forecasting solution providers are coming to the forefront to offer solutions that help companies in driving their performance and up scaling their businesses.

On the other side, budgeting and forecasting solution providers are utilizing leading-edge technologies to roll out offerings for handling a diverse range of business functions, which include budget-focused finance tasks and supply chain-based planning. Understanding the advantages that the solutions offer, leading companies are moving toward common platforms that address the full planning cycle from data collection, modeling, analytics, to reporting and requires less infrastructural requirements. With the availability of competent tools such as Microsoft Dynamics AX, finance leaders are driving corporate finance with real-time access to organizational and market data. The advent of big data and AI has further enhanced the role of financial leaders to encompass everything starting from business strategy to operations to IT risk management. CFOs deploying AI into its corporate strategies will empower them to bring transparency in their operations and garner competitive advantage over other leaders in the same sphere.

Understanding the changing times and technologies in the financial landscape as a whole, CFO Tech Outlook has compiled a list of the  Top 10 Budgeting and Forecasting Solution Providers 2019 to guide financial institutions in anchoring the advantages of the various technologies available and tackle the challenges that they face in the budgeting, planning and forecasting process.

In the wake of these technological transitions, we are delighted to feature Illinois-based budgeting solution provider Plansmith on our list of the Top 10 Budgeting and Forecasting Solution Providers 2019. Plansmith is revolutionizing the industry with their top-notch budgeting solutions, which streamlines the planning, budgeting and forecasting processes and helps enterprises reach their performance targets.  Harnessing the power of the latest technologies, InVizion is offering the best-in-class analysis software to help organizations in their planning, tracking, forecasting, reporting and decision-making capabilities.

With state-of-the-art technological advancements and innumerable success stories to their credit, these budgeting and forecasting solution providers are consistently proving their capabilities in the financial landscape. We hope this issue of CFO Tech Outlook assists you in choosing the right partner that your institution needs to promote a technology driven financial environment.

We present to you CFO Tech Outlook’s, “Top 10 Budgeting and Forecasting Solution Providers – 2019.”

Top Budgeting and Forecasting Solution Companies

Since 1988, 3C Software has focused solely on developing cost accounting and profitability systems for end-users and business leaders that integrates with existing systems handles multiple cost scenarios simultaneously, allows for unlimited detail elements, and includes security and audit functionality. The solutions offered by 3C Software include enterprise cost management, profitability analytics, business analytics, cost accounting, and management. Whether an organization’s goal is to implement a fundamental period-end cost accounting system or a future-looking scenario analysis tool, ImpactECS from 3C Software delivers meaningful, accurate, timely and actionable data to business leaders in manufacturing, distribution and services industries

www.3csoftware.com

The company offers a simple yet robust project budget management software. It enables project-based businesses to quickly and easily track budgets, allocation(s), expenses, and profitability by budget as well as by project. Epiphany rolled out eBudgets in the market to offer companies complete project budget visibility and control. As an easy to use solution, eBudgets allows the companies to manage their project budgets for expenses, purchases, time and labor, revenue, and more. It not only enables the user to quickly see their budget-to-actuals but also their profitability over the life of the project

www.epiphanyinc.net

InVizion enables companies to quickly combine project data from disconnected enterprise systems – like finance, supply chain, asset and project management applications – for accurate planning, forecasting, reporting & what-if analysis to reduce portfolio costs, minimize investment risks and speed project execution

www.invizionllc.com

PARIS Technologies develops and delivers software solutions that provide the highest levels of connectivity, collaboration, and governance—connectivity across database systems; collaboration among users with their tool of choice (Excel, BI products, web, mobile); governance of secure, single-source, non-proprietary data models. For over 20 years, the enterprise has worked with customers around the world to implement exceptional Planning, Analytics, Reporting Information Systems—the PARIS acronym. The enterprise’s solutions lead to unprecedented gains in productivity, transforming data into actionable knowledge, and providing critical insights to crucial staff up to the C-suite. Additionally, the enterprise’s products are graceful, powerful and robust, and make business intelligence dynamically available in the tools people prefer to use

paristech.com

Plansmith’s mission is to make planning enjoyable and effective by providing easy to user software, comprehensive support and coaching for banking and credit unions. The company’s proficiency in planning is centred on 5 pillars: Commitment, control, Collaboration, Continuous planning, and identification of internal strengths and weaknesses. The, put together, speak the philosophy of effective planning that is required for business efficiency in the banking and financial sector. The company has built an interactive budgeting model that simulates the behaviour of financial instruments as rates change along with the expenses to support a multitude of activities within a bank

www4.plansmith.com

Adaptive insights

Adaptive insights

Armanino is one of the top 25 largest independent accounting and business consulting firms in the United States. Armanino provides an integrated set of audit, tax, consulting, business management, and technology solutions to companies in the U.S. and globally. A few of Armanino’s area of expertise includes audit, tax, transaction advisory services, governance, risk and compliance, SOX readiness, enterprise risk management, contract assurance, valuation, Microsoft Dynamics AX, GP, CRM, SEC reporting, IPO readiness, and adaptive insights. The business extends its global services to more than 100 countries through its membership in Moore Global Network—one of the major accounting and consulting membership organizations

Anaplan

Anaplan

Anaplan is pioneering the category of connected planning. The business’s platform, powered by its proprietary Hyperblock technology, purpose-built for connected planning, enables dynamic, collaborative, and intelligent planning. Large global enterprises use Anaplan’s solution to connect people, data and plans to enable real-time planning and decision-making in rapidly changing business environments to give its customers a competitive advantage. Planning, forecasting, modeling, supply chain planning, sales performance management, performance management, and S&OP are some of the solution offerings of Anaplan. The enterprise has over 20 offices globally, 175 partners, and more than 1,250 customers worldwide

Centage

Centage

Centage Corporation’s Planning Maestro is a cloud-native planning & analytics platform that delivers year-round financial intelligence, transforming how companies budget, forecast, and report performance. Centage provides a level of sophisticated financial intelligence typically only enjoyed by large enterprises, at a price point accessible for small and medium-sized companies. Some of the business’s solutions include planning, budgeting, forecasting, reporting and analysis, payroll planning, and capital asset planning. With a direct line-of-sight into the organization’s financial health, Centage’s clients can make faster decisions, react quickly to market changes and capitalize swiftly on new opportunities. The enterprise serves over 10,000 users worldwide

Prophix Softwar

Prophix Softwar

Established in 1987, Prophix delivers corporate performance management solutions. The business first began as distributors of software solutions for finance departments and quickly realized that they could probably build a better product for less and with a greater return for their customers. Thus began Prophix’s mission to deliver value to its customers. The enterprise built a software solution that empowers its users to be more forward-thinking and proactive when making decisions. Forecasting, reporting, corporate performance management, budgeting, financial consolidations, revenue planning, personnel planning, cash flow planning, revenue planning, strategic planning, reporting and analytics, project planning, capital expenditure planning, and cloud are some of Prophix’s specialties

Tagetik

Tagetik

Tagetik was initially founded in 1986 as a local consultancy based in Italy. As the company grew, the founders saw the opportunity to modernize and simplify business processes for the Office of the CFO, not just locally but globally. The Tagetik brand was launched in 2005 and has since earned a reputation for delivering the most trusted, comprehensive, and scalable Corporate Performance Management solutions available. In 2017, Tagetik was acquired by Wolters Kluwer, a global leader in information services and solutions for professionals in the finance, health, tax and accounting, risk and compliance, and legal sectors. As part of the Wolters Kluwer Corporate Performance Solutions business unit, Tagetik (now known as CCH Tagetik) continues to be laser-focused on delivering innovative solutions for the Office of the CFO