A web based planning software for forecasting and budgeting.
Modern way to present, analyze and control Finance reporting - no more SQL hasling of summary accounts!
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Oivalo Planning is for you
For example IF...
You have a budgeting model currently in Excel but it is not flexible to handle different budgeting versions, update actuals, compare forecasts, and consolidate numbers from multiple files.
You want to collect and consolidate drivers and planning details from multiple units quickly and easily.
You want to use complex planning drivers
You need to create Profit and Loss budgeting and more detailed operative planning – Oivalo Planning will combine sales drivers to EBITDA in one model.
You want to have budgeting and forecasting numbers as references besides actuals in your reporting system.
You want to easily create and handle multiple forecast rounds and versions or do "running forecasting".
You are looking for an enterprise-level tool for planning that is giving the flexibility you need in your budgeting process without high starting costs on the project and software itself. With Oivalo Planning you will be surprised!
You don't want to spend 100k or several months to just try out a budgeting tool
Outcome of Oivalo Planning is easily integrated into any BI tool (Qlik, Power BI, etc) that reads data from REST API.
Oivalo Planning is SaaS and mainly requires business competence to setup. Not an traditional IT project at all.
If interested, ask for demo!
Driver based Planning - Create plans based on your own KPIs and business logic
Combine business targets and P&L forecasts directly within same driver based planning models
Easy daily level outcome
Create easily daily/weekly sales budgets directly from planned monthly forecasts.
Follow operations vs. targets in your BI-tools on day level.
Simple follow up and control
Follow and steer planning process, approve plans, summarize multiple units or review planned data on your own reporting structure.
Compare plans to actuals, other planning period, last year - in realtime.
Planning Main features
Multi costcenter - collect data from all costcenters from many users. Supports easily hundreds of cost centers
Multi currency and multi language are supported natively
Multi round - Manage easily planning rounds and versions without technical support
Fast rolling forecasting process - use previous forecast or actuals as base data for new planning round. Create planning model with for example 3 months actuals, 9 months forecast
Flexible planning model Simple or more advanced planning model, you choose! Combine sales drivers and P&L into same model. Oivalo Planning supports various driver based planning schemes and P&L structures. It is always customer specific planning model.
Reference values Use history actual or other planning round values as reference numbers.
User hierarchy for approval flow, versatile commenting. Manage user access rights and hierarchies to show data with correct user easily. No risk for Excel leaking company actuals.
Several planning input methods:
|Absolute value||P&L accounts, amount of customers, business days|
|Driver based||Multiply amount of customers with avarage spend, Plan salaries using hours and hourly salary, Use reference value like number of weekend days in a month multiplied with another value|
|Percentage planning models||Personel side costs with pre defined percentage, product category sales margin as a percent from planned sales, set a cost based on sales etc|
|Summary and info rows||can be used in the planning model to give user information how for example Gross Margin % will set, how many weekend days are in planning round.|
|Monthly or annual input||Plan on annual level and distribute values to monhts using pre-defined multipliers, previous year actuals, previous input or evenly. Or change individual month manually.|
|One account - multiple costcenters input||Set numbers to one account over multiple costcenters at once.|
|Graphical input||See numbers in graphs and edit values from graph with reference line.|
|Dimensional planning||Split one account into several named or unnamed entries like persons, customers etc|
Simple integration for the planned data wit BI tools (Rest API) - Qlik and Power BI tested.
SaaS - no other IT costs
For controller and admin use: Export planned values to CSV/excel for further analysis, read planned data easily to existing BI system (Prodcution environments done with Qlik and Microsoft Power BI, works with other too). Import planning values, Copy planning round with values, update actuals, use actuals or other planning round for reference numbers, monitor planning progress...
Oivalo Finance Bundle
Simple to setup when access to row level accounting (or other) data exists for the Qlik or Power BI setup
Allows fast modification, duplication of required reporting structure
No summary accounts or any other fancy data models behind - allows row level drilldown.
Best when you have to report Profit and Loss, Balance sheet and other Financial numbers in several different ways to many different stake holders.
You want to modify reporting structures by yourself
Visualization and export to excel and clipboard with numbers (Qlik Sense only)
Control account mappings and P&L formulas between accounting systems and different hierarchies.
Tested with Qlik and Power BI
Access data through API
Can be used with Oivalo Planning to show planned figures with reporting structures used elsewhere
Qlik Sense P&L Extension
For Qlik Visual P&L lookalike reporting in Qlik Sense optimizing Qlik features.