Guides
02/3/2022

2022 Practice Guide: Selecting Budget and Planning Tools

Why Read This Research

Now, more than ever, institutions are under immense financial pressure. To mitigate these pressures, institutions require access to robust tools to better understand their fiscal standing. Many choose to implement a modern, cloud-based budget and financial planning tool as an agile and transparent solution to meet their needs. With functionalities like budget management, financial planning, what-if-scenario planning, and long-range financial planning, tools like these will automate and templatize core financial work. Read this guide to better understand budget and financial planning tools, including featured vendors. 

Key Questions Answered

  • What’s the value of investing in a modern financial and budget planning tool?
  • Why are institutions finding the “crawl, walk, run” approach effective?
  • What three categories drive platform selection?

Features

  • Vendor in Focus: Anaplan, Budgyt, Centage, Oracle, Planful, Prophix, Strata Decision Technology, Syntellis Performance Solutions, Vena Solutions, Workday
  • Software Category in Focus: Budget and Planning
  • Authors: Rebekah Russell, Analyst, Tambellini Group
  • Research Availability: February 2022

Table of Contents

  1. Executive Summary
  2. Practice Landscape
  3. Practice Trends
  4. Practice Recommendations

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