How CFOs can leverage Cloud xP&A for smarter financial planning?

To drive more accurate financial planning, CFOs must integrate financial and operational planning activities to avoid siloed processes. VISEO in Asia helps  global enterprises achieve this by fostering collaboration between finance teams and business stakeholders, leading to better governance and workflow management.

ERP-embedded extended planning and analysis (xP&A) is still maturing among major ERP vendors and best-of-breed solution providers. These solutions may lack advanced capabilities compared to dedicated financial planning tools. VISEO helps organizations navigate these complexities by selecting and implementing the right solutions tailored to CFOs’ needs.

xP&A benefits include a cohesive, composable, data-harmonized vendor platform. VISEO ensures that enterprises in Asia leverage these platforms effectively, integrating new planning functions and industry-specific solutions while incorporating AI-driven analytics.

Actionable steps for CFOs to implement xP&A successfully

To effectively utilize cloud xP&A, CFOs should:

• Drive Strategic Financial Governance: VISEO supports CFOs in setting up governance frameworks, defining future planning needs, and ensuring alignment across departments.
• Ensure Seamless System Integration: VISEO assists CFOs in evaluating vendor offerings, prioritizing platforms that are cohesive, composable, and data-harmonized for optimal financial oversight.
• Adopt Future-Ready xP&A Solutions: VISEO helps CFOs choose solutions that evolve with future planning needs, leveraging automation, AI-driven insights, and industry-specific financial planning tools.

Future-Proofing finance: xP&A’s growing role in business strategy

By 2025, over 60% of financial planning initiatives will be driven by xP&A requirements (according to Gartner).

VISEO is actively preparing CFOs in Asia for this shift, ensuring they adopt solutions that enhance financial agility and decision-making.

Cloud xP&A extends financial planning and analysis (FP&A) with multi-discipline planning capabilities. These solutions unify financial and operational planning within a single platform, enabling CFOs to make informed, strategic decisions with real-time data insights. VISEO ensures that enterprises in Asia maximize the value of these platforms by optimizing their implementation and integration.

xP&A empowers CFOs by consolidating financial and operational planning into one vendor platform. Unlike traditional financial planning that ingests data from multiple sources, xP&A enables seamless interoperability, improving collaboration and accuracy.

By implementing xP&A solutions, VISEO enables CFOs to synchronize financial outcomes with operational activities, improving forecasting and management decisions. With expertise in cloud transformations, VISEO ensures faster implementation while integrating AI, machine learning, and predictive analytics tailored to the Asian market.

Gartner reports a rising trend of organizations linking financial and operational planning, driven by a demand for real-time enterprise performance insights. CFOs in Asia are prioritizing integrated financial planning to enhance resilience and agility.

VISEO plays a critical role in extending collaborative planning across departments, allowing CFOs to capitalize on economies of scale, improve financial transparency, and drive digital finance transformation.

What CFOs need to know before investing?

With economic disruptions and rapid market changes, continuous financial planning is essential for CFOs in Asia. Many still rely on spreadsheets and disconnected solutions, limiting financial agility. VISEO helps enterprises transition to xP&A, ensuring robust, real-time financial planning capabilities.

When evaluating xP&A solutions, CFOs should consider:

• Cross-Functional Financial Planning: VISEO helps CFOs track financial performance across departments, ensuring that updates in one function affect overall financial outcomes appropriately.
• Industry-Specific Financial Solutions: VISEO partners with leading organizations to implement xP&A solutions tailored to sector-specific financial planning needs, ensuring CFOs gain a competitive edge.
• Advanced AI and Analytics for CFOs: AI-driven insights and predictive analytics enhance financial decision-making. VISEO ensures CFOs leverage automation and scenario modeling for strategic planning.
• Seamless Integration with Enterprise Systems: VISEO enables CFOs to integrate xP&A platforms with existing ERP, CRM, and financial systems, ensuring data harmonization and improved governance.

As CFOs across Asia strive for better forecasting, agility, and financial resilience, VISEO stands as a trusted partner in implementing and optimizing cloud xP&A solutions. With a deep understanding of financial transformation, VISEO ensures that CFOs stay ahead of market trends and achieve maximum financial value from their planning initiatives.