What is Integrated Business Planning (IBP) ?
Integrated Business Planning or IBP means that planning & analysis is best not only used in finance (also the F in FP&A), but in any relevant organizational area that produces business plans and management information, including area’s like sales, marketing, production and HR. Other related terms are XP&A (it stands for eXtended Planning & Analysis) or Sales & Operations Planning (S&OP).
What about Integrated Business Planning?
Blogs & How to’s
Blog
Top 5 reasons to start XP&A
Read why XP&A is relevant for most organisations and how you can start with it.
Case
Hamilton Bright
Find out how Hamilton Bright benefits from Board International.
How To
Short IBP-XP&A movie
See IBP or XP&A in action in this short Board movie with multiple planning area’s
Frequently Asked Questions
What is XP&A?
First, a short introduction to XP&A: it stands for eXtended Planning & Analysis, meaning the planning & analysis is not only used in finance (the F in FP&A), but in any (X) relevant organizational area that produces business plans, including area’s like sales, marketing, production and HR. Other related terms are Integrated Business Planning (IBP) or even Sales & Operations Planning (S&OP).
Why is XP&A relevant (for me)?
In our view, XP&A can add great value to the planning processes. Also, we think there are multiple angles to look at XP&A without using all the (sometimes confusing) terms. First of all, we think it adds value to do the planning not only from the finance team, but with multiple teams in your organization. Also, the planning should be done together in order to you the knowledge, experience and strengths of all those people and teams.
What are potential benefits?
Here are some examples:
- Increased collaboration
- The right people are planning
- Increased speed and frequency in planning
- Opportunities via scenario’s
- Automation = Less errors
Cases & Events in Integrated Business Planning
Hamilton Bright
Hamilton Bright Improved forecasting, Consolidation and reporting in one solution! hamilton bright ‘connects hearts to brands’. hamilton bright believes in the power of real human contact. By creating desire in people at every touchpoint during the customer journey,...
TriFinance
TriFinance adding value to the financial processes with Board international At TriFinance, we care about the professional growth of our people. This often leads to new paths, new destinations and new ideas. We offer our consultants projects that are aligned with their...
Top 5 reasons to start XP&A
Top 5 reasons to start XP&A What is XP&A? And how do you implement it? What is XP&A? First, a short introduction to XP&A: it stands for eXtended Planning & Analysis, meaning the planning & analysis is not only used in finance (the F in...
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