{"id":16989,"date":"2014-06-26T00:00:00","date_gmt":"2014-06-26T00:00:00","guid":{"rendered":"https:\/\/www.board.com\/en-analyst-barc-describes-future-direction-business-planning\/"},"modified":"2025-02-25T22:06:38","modified_gmt":"2025-02-25T22:06:38","slug":"analyst-barc-describes-future-direction-business-planning","status":"publish","type":"post","link":"https:\/\/www.board.com\/news\/analyst-barc-describes-future-direction-business-planning","title":{"rendered":"Analyst BARC describes the future direction of Business Planning"},"content":{"rendered":"\n\t\t
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\n\t\t\t\t\t\t\t\t\t\tThursday, 26 June 2014<\/strong>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tChiasso<\/strong>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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Analyst BARC describes the future direction of Business Planning<\/h1>\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/section>\n\n\n\t\n\t
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The BARC Institute and the International Controller Association (ICV) have interviewed the planning methods and tools of over 400 companies from all sectors for one the largest studies of this kind, The Planning Survey 14. The survey concludes that the merging of strategic, financial and operational planning as well as the integration of planning with other performance management processes offer huge potential for optimization.

\nParticular need for improvement is seen in regard to the use of software: 71 percent of respondents stated that their planning process was covered with several different tools; 86 percent cited Microsoft Excel as their solely or jointly used planning solution. \u201cThe study results show that planning processes that are supported with Excel stand-alone or a combination of different tools are more likely to have problems and take significantly longer. Having the planning process in a single tool saves time and resources\u201d, said Dr. Christian Fuchs, Senior Analyst at BARC and co-author.

\nBOARD\u2019s unique all-in-one environment allows companies to seamlessly integrate planning with any other performance management process: from Profitability Analysis to Financial Reporting, from Financial Consolidation to Strategy Management. “Now that companies become more aware of the importance of planning, they also value BOARD\u2019s particular strength, simulation. \u00a0By combining OLAP, Scenario Management, Advanced Data Entry and Analytics with a highly flexible data model, BOARD really stands out from the competition\u201d, said Giovanni Grossi, CEO of BOARD International in response to Fuchs\u2018 statement.

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Recent Press Releases<\/h2>\n\t\n\t\n\t<\/div>\n\n\t\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/section>\n\n\t\n\n\t\t
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\n\t<\/a>\n\t25 August 2025<\/span>\n\t

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\n\t<\/a>\n\t11 June 2025<\/span>\n\t

Board Reimagines the Planner Experience with AI-Powered Agents<\/h2>\n\t\n\t\tRead article now<\/span>\n\t\t<\/span>\n\t<\/a>\n<\/article>\n\n
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Board secures four Top Ranks and 20 Leading Positions in the BARC Planning Survey 25\u00a0<\/h2>\n\t\n\t\tRead article now<\/span>\n\t\t<\/span>\n\t<\/a>\n<\/article>\n\n
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Board and 263HuB form partnership to expand Enterprise Planning Solutions through 263HuB\u2019s EPM Centre of Excellence (CoE)<\/h2>\n\t\n\t\tRead article now<\/span>\n\t\t<\/span>\n\t<\/a>\n<\/article>\n\t\t\t<\/div>\n\t\t\t
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Let’s see what Board can do for you.<\/h2>\n\n\n\n

Get a tour of the Enterprise Planning Platform in action.<\/p>\n\n\t\n\t<\/div>\n\t\n\n\t

\n\t\t\n\t\t\n\t\t\tTalk to an expert<\/span>\n\t\t<\/a>\n\t\n\t\n\t<\/div>\n\t\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/section>\n\n\t\r\n\r\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-16989","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"\nAnalyst BARC describes the future direction of Business Planning<\/title>\n<meta name=\"description\" content=\"A survey on more than 400 companies unveils the shortcomings of current planning processes and suggests possible solutions and future directions\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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