Integrated Business Planning aligns strategic, operational, and financial planning. It includes S&OP, which balances supply and demand. It also connects financial and operational planning, fostering collaboration and agility. When we add the final flavour, Artificial Intelligence and Machine Learning, we achieve even better results in planning and decision making. With this last part, we are at XP&A.
Integrated Business Planning or IBP means that planning & analysis is best not only used in finance (also the F in FP&A). With IBP, we plan in any relevant organizational area that produces business plans and management information, including sales, marketing, production and HR. Other related terms are XP&A (it stands for eXtended Planning & Analysis) or Sales & Operations Planning (S&OP). Read more about XP&A in our blog. Or check out our partners websites at Board and Jedox.
