The latest Magic Quadrant for Cloud Financial Planning and Analysis Solutions from Gartner is out, and Adaptive Insights shows it is a winner across the board.
Shhhh! There are strange noises coming from the back room where the Finance team are being released from the shackles of Excel number crunching and liberated to planning constructively.
High growth has its own challenges.
Debt structures, covenant limits and cash flow need to be continually corrected and adjusted and be reliable, under the onslaught of constantly changing factors. Yearly or even Quarterly plans will not cut the mustard. Assessing, projecting and managing the financial robustness of a business requires monthly rolling forecasts.