White Paper: Financial Planning

Changed prerequisites in a faster and more volatile environment impose new challenges for
corporate planning. Current efforts to simplify and digitize processes have created new opportunities
to make better-informed decisions. In reality, however, many departments struggle
with silo-thinking, complex corporate structures and inflexible routines. Based on debates with
planning practicioners, six recommendations were derived on how to streamline an existing
corporate planning approach and how to come up with a future-proof foundation for smart
decision-making.