Integrated financial planning for mid-market companies
How to make your management sustainable and agile
The days when CFOs were just ‘number crunchers’ are over. Today, they are expected to have an entrepreneurial mindset, strategic impetus and the ability to react quickly to short-term market changes. The demands have increased, especially in medium-sized companies: Margin pressure, a shortage of skilled labour, supply chain problems and geopolitical uncertainties make precise financial management a matter of business survival. Integrated financial and profit planning shows the way here.
tegrated financial planning combines income statement, balance sheet and liquidity planning in a logical system. The aim is to visualise interactions between business development, financing and liquidity at an early stage and to make reliable decisions on this basis.
Typical components of integrated financial planning are:
Isolated consideration of individual planning elements such as the P&L is common in practice, but is not effective: integrated financial planning helps to be prepared for possible times of crisis and also to convince stakeholders. A holistic approach is essential.
… and learn more about the benefits of digitised, integrated financial planning:
Less planning effort
Faster decision-making
Reduction of planning errors
