Gartner has recently identified the emerging trend of Extended Planning and Analysis, coining the term “xP&A,” and views its capability as becoming an important market component of the future. According to the new research, “by 2024, Gartner expects FP&A to evolve to encompass xP&A, a strategy where the “x” denotes breaking down traditional silos between enterprise financial and operational planning processes in order to deliver new levels of transformative business value. The “x” represents consistent and continuous planning that extends beyond the finance domain into other areas of enterprise planning and analysis.”
At Anaplan, we call it Connected Planning, which enables companies to amplify their assets, potential, and advantages. With today’s volatile climate forcing an epic shift in the human footprint, business agility and resilience are now more important than ever before. With Anaplan, companies around the world are reducing risk, and succeeding by continuously orchestrating business performance, systematically seeing possibility and seizing opportunity.
Evolving the office of the CFO
xP&A supports the expanding role of the CFO
Anaplan recognizes that CFOs today are expected to have a broader span of control across disparate organizations. The xP&A category helps them do just that.
Finance leaders need line-of-sight through every asset, resource, risk, and change across the enterprise.
There is a need to connect financial implications to the ultimate business outcomes.