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FP&A solutions (with D365)

  • 1.  FP&A solutions (with D365)

    Posted Mar 11, 2021 09:44 PM
    Hi all
    We are looking to add a solution that provides us with Financial Planning and Analysis capabilities.

    Keys asks are:
    1) Works for both period projections and Long-range-planning
    2) Helps improve Financial Close, Financial Planning, and Financial Reporting
    3) Can work with multiple data sources (example D365 F&O for actuals and Salesforce for sales data)

    Any guidance on helping us pick a solution that is relatively easy to implement, and allows us to grow into it.

    Thanks

    ------------------------------
    Rohit Sharma
    The Kroger Co.
    Cincinnati
    ------------------------------


  • 2.  RE: FP&A solutions (with D365)

    TOP CONTRIBUTOR
    Posted Mar 12, 2021 08:13 AM
    Hi Rohit,
    Suggest you check out this link: https://mcaconnect.com/solutions/business-analytics/financial-planning-analysis/. MCA has dedicated staff supporting this solution and integrations for same into the D365 solutions stack.

    ------------------------------
    Jack Moran
    Solutions Architect
    MCA Connect
    Greenfield NH
    ------------------------------



  • 3.  RE: FP&A solutions (with D365)

    Posted 30 days ago
    Thank you Jack.
    We are also looking at FP&A Solutions offerings by Vendors including Anaplan, Workday (Adaptive), Planful (Host), etc.
    Any insight/reference on specific Vendor offerings?


    ------------------------------
    Rohit Sharma
    The Kroger Co.
    Cincinnati
    ------------------------------



  • 4.  RE: FP&A solutions (with D365)

    TOP CONTRIBUTOR
    Posted 29 days ago
    Your welcome Rohit. Rather than personal commentary, I'll refer to a respected source for comparative analysis on a topic like this - Gartner. In their May 2020 Magic Quadrant review of Cloud Based Financial Planning and Analysis solutions they scored Oracle, Workday, Anaplan, OneStream, and CCH Targetik as Leaders with IBM Planning & Analytics a close follower in the Challengers space. So that is a good place to start your analysis from. Right behind that should then come other considerations such as available integrations to the potential data sources you expect to leverage in an FP&A deployment and the implementation services providers capable of designing and delivering that solution in partnership with you. From that aspect, the IBM Planning & Analytics solution has another potential advantage for you as MCA works with that solution relative to D365FO and possibly other data sources you plan on addressing.

    ------------------------------
    Jack Moran
    Solutions Architect
    MCA Connect
    Greenfield NH
    ------------------------------



  • 5.  RE: FP&A solutions (with D365)

    GOLD CONTRIBUTOR
    Posted 28 days ago
    Hi Rohit.

    You should consider PROSPERO as a financial reporting and budgeting solution. Prospero meets requirements 1, 2 and 3 for multiple data sources. Although it does not currently have a connection to Salesforce, new integrations are actively being added to improve functionality for users. I can arrange a demo if you are interested. It is a great product that is easily implemented and quickly adopted by users.

    ------------------------------
    Noah Moseley, MSX Group Senior Consultant
    Academy Instructor for Management Reporter and D365FO Financial Report Designer
    noah.moseley@msxgroup.com
    ------------------------------



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