Oivalo Planning is for you IF
The current budgeting process is heavy
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 easily create and handle multiple forecast rounds and versions or have "running forecasting" process.
You want to easily move from full year's budget to ACT+BUD forecast and have it as an alternative version.
You want to use multiple currencies and translate your planning model to different languages
You just spend time with multiple Excels
You want to improve your business planning and analytics
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 do day level planning
You want to get started quickly
You are looking for an enterprise-level tool for planning which has the flexibility you need in your budgeting process without high starting costs on the project and software investment.
You don't want to spend 100k or several months to just try out a planning tool
In the most optimal case you already have the reference data ready in SQL, DW or in reporting system and some idea how the planning model should be
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
Implementation project should take days not weeks and with Oivalo Planning it is more a business than an IT project.
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.
Select a customer and read how they are using the Oivalo Planning
Planning Main features
Multi costcenter collect data from all costcenters/departments/units etc from many users. Supports easily thousands of cost centers
Multi currency and multi language - Support for organizations having companies in different countries. UI is in Finnish and English and can be translated if needed
Multi round - Manage easily planning rounds and versions without technical support
Flexible planning model Combine sales drivers and P&L into same model, do it easyway or advanced way. Oivalo Planning supports various driver based planning schemes and P&L structures.
Easy versioning 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
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.
Microsoft Azure AD (Office 365) support Existing users from Azure can be used with Single Sign on.
Easy data integration Outcome of Oivalo Planning is easily integrated into any BI tool (Qlik, Power BI, etc) or DW that reads data from REST API.
SaaS Oivalo Planning is SaaS and mainly requires business competence to setup. Not an traditional IT project at all.
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 through Rest API. Very easy to integrate with Qlik On-premises, Qlik Cloud, Power BI and other
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. Import planning values, copy planning round data to another round, update actuals, use actuals or other planning round for reference numbers, monitor planning progress. Manage defaults, translations, users, access rights...
Oivalo Finance Bundle for Reporting
Standardized way to handle P&L and BS reporting with easy "no consultant" reporting model modification
Best when you have to report Profit and Loss, Balance sheet and other Financial numbers in several different ways to many different stake holders.
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 nor DW calculations - allows row level drilldown.
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.
Ready Qlik data modelsYTD, MTD, LTM, LY, etc models
In case of need for experienced CFO, Business Controller...
Weather Data Hub
Use actual and forecasted weather data from observation stations. Then, seamlessly link weather data to your business in a BI tool.