Wipro’s Anaplan-based Intelligent Financial Speed Planning solution provides a comprehensive financial management platform with six major features, including an innovative financial planning component. With its planning capabilities, enterprises can take a more targeted approach to budget calculations depending on business needs and devise plans specific to geographical regions, departments, or teams.
As an agile data-driven tool, this financial planning feature enables enterprises to make informed business decisions more quickly and streamline essential tasks. The tool’s what-if analysis capabilities and scenario simulations predict the real-time impact of planned changes, whether top-down and bottom-up financial strategies, allowing financial teams to make adjustments when necessary to ensure business goals are met.
The tool’s key analytics features include the following:
- Strategical dashboards: Perform deep dives into payables, receivables, and revenue/cash flow risk analyses with interactive CFO-exclusive and FP&A dashboards that provide data from income statements, balance sheets, integrated scenario simulations, and cash flows,.
- OPEX planning: Gain visibility into cost overruns and underruns, business continuity costs, G&A and T&E costs, and their allocations more effectively with cost center–level summary reports.
- CAPEX planning: Capture asset registers, assess workflow mechanisms used to procure new assets, and evaluate their impact on cash flow, ROI, NPV, and IRR to assess CAPEX metrics.
These capabilities are part of the larger innovations we offer through our solution, and our agile XP execution model also enables businesses to speed up project deliveries with basic deployment capabilities that reduce delivery times to eight to ten weeks. Teams can keep iteration cycles to one to two weeks and customize projects according to their business needs.