Don't Forget To Water Your Plans!

Why Consistency is the Key to Financial Health

Just as a neglected plant wilts, ignoring your financial plans can lead to missed opportunities. Financial planning is not a "set it and forget it" process. It requires continuous monitoring, adjustments and a dynamic approach to grow in the right direction. Just as a plant adapts to the seasons, your financial strategy must adapt to market changes, business developments and new opportunities.

In our recent blog on why continuous improvement is critical to your planning, we discussed how companies often underestimate the importance of regularly evaluating and improving their planning processes. Using Anaplan as your financial planning tool is similar to having a well-designed irrigation system for your garden. It ensures that your plans get the right attention and resources at the right time, preventing downtime.

The similarity between watering your plant and your financial planning

So, how exactly are plants and financial plans similar? Here are a few similarities:

• Regular attention is essential: Just as a plant wilts without consistent care, your financial plans won't grow if you don't review and adjust them regularly. Finext helps you align financial forecasts and models with your business model from our years of experience within finance departments.
• Adapt to maturity: A young plant needs different care than a mature one. Similarly, your financial plans need to scale and adapt as your business grows. The flexibility of the Anaplan platform makes it easy to adjust your financial models as your business matures.
• Anticipating change: Plants grow to the light and adapt to their environment. In the financial world, changes in market conditions, economic climates or business needs are similar to changing sunlight or seasons. Integrating continuous improvement into your Anaplan planning process, as discussed in our blog on continuous improvement, ensures that your plans are always pointing in the right direction.
• Healthy roots make for strong growth: A plant's roots are its foundation, just as data is the foundation of any financial plan. With Anaplan, you can ensure that your data remains healthy and relevant, drawing insights from multiple sources to keep your plans growing stably. Finext advises on the basic structures and methodologies relevant to your organization, based on industry experience and applying best practices.

Water your plans with Anaplan

Anaplan isn't just another tool; it's the ground your financial planning needs to thrive in today's ever-changing world. With features like scenario planning, real-time data integration and automated forecasting, you can be confident that your plans are getting what they need to thrive. What matters most is how you deploy that tool, which is what Finext stands for.

In our previous blog post, we highlighted the importance of "continuous improvement" within Anaplan. We explored how companies that regularly review and update their financial strategies are more resilient and flexible. With Anaplan, you can automate many of these processes so you're always ready for the next growth opportunity.

A special giveaway: Grow your plans!

To help remind you to take care of your financial plans, we are pleased to announce this special giveaway! We're giving away Smart gardens to some lucky people so you can not only grow your own plants, but also be reminded to pay attention to your financial plans. Leave your contact information below for a chance to win one of these Smart gardens and be inspired to grow both your garden and your financial future!

Just as your plants need water, your financial plans need Anaplan - and a little ongoing care from you - to grow into something great.

Leave your information for a chance to win one of the smart gardens. On December 2, we will raffle off the smart gardens among the entries. We will email you the results!