Continuous Planning in Finance

Published On:
March 31, 2021
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Across finance, automation is greatly bolstering process optimization efforts to hasten cycle times and offer better process outputs on-demand. For the core finance processes of planning, budgeting, and forecasting, the ultimate goal is to be able to perform these processes more quickly and providing better information for decision makers. Leading organizations are moving toward continuous planning—that is, frequent, rapid-cycle planning in response to organizational need rather than set by an annual or monthly calendar.

Excerpted from APQC’s 2021 edition of Blueprint for Success: Planning, Budgeting, and Forecasting, this article details how finance can mature toward continuous planning and includes real-world examples of the move toward more on-demand informed decision making.