What is SimplyPlanning?
SimplyPlanning is a Cloud-Excel-based solution that simplifies the planning (i.e., budgeting and forecasting) process for small and medium business by addressing the biggest challenges that users face when forming a plan in stand-alone Excel.
How does SimplyPlanning work?
SimplyPlanning does two important things
First, we centralize data, consolidations, and logic into a central financial repository.
- Data is stored centrally – it is no longer stored in individual sheets.
- Consolidations are managed centrally – making it easier for everyone to know how numbers (entities, cost centers, accounts, etc.) rollup.
- Logic – Calculations can be centralized – so that business logic is implemented consistently, instead of in individual workbooks.
Second, users then work around the same base of numbers.
- Sharing – Users can share information with one another (through Excel) simply by entering numbers and pressing F9 to recalculate – no more shared drives or emailed spreadsheets
- Financial Foundation – Users are working against a common financial foundation that all can depend upon.
Users of SimplyPlanning will experience the following benefits.
80-90% instant productivity improvement
1-2% financial improvements in the first year
Ability to establish baseline and
track/ improvement programs