Benefits of Planning in the Cloud

1. Collaborate without fussing over work versions

One of the biggest advantages of PBC/NSPB is the ability to work with multiple colleagues at the same time. Instead of sending different versions of an Excel file back and forth. This allows team members to collaborate in real-time on the same plan. This eliminates confusion about which version is the most current and, among other things, promotes efficiency.

2. A source of truth for budget and forecast

PBC/NSPB acts as a single source of truth for planning and budgeting. This means that all team members have access to the same, up-to-date data. For example, historical data or planned data from another model (HR, CAPEX, OPEX, etc.) This prevents misunderstandings and ensures that decisions are made based on the most accurate and recent data.

3. Robust and less error-prone

While Excel is a powerful tool, it is also prone to human error such as incorrect formulas and data entry errors. PBC/NSPB offers built-in checks and validations that significantly reduce the likelihood of errors. This makes them more robust and reliable than traditional spreadsheets.

4. Audit records

Another important benefit is the ability to keep audit records. PBC/NSPB automatically records who made what changes and when. This makes it easy to track changes and ensures transparency and accountability within the team.

5. Integrated reports

PBC/NSPB provides integrated reporting capabilities, allowing users to easily generate comprehensive and customized reports. These reports can help analyze performance, identify trends and make informed decisions. In addition, standard integration is available with Excel in the form of an add-in (Smart View). This minimizes the transition for the end user. In addition, Smart View offers the possibility to approach the data from different perspectives.

6. Easily connect with Oracle Fusion/NetSuite (ERP) for data import

One of the biggest advantages of PBC/NSPB is its easy integration with Oracle ERP: Fusion/NetSuite. This makes it possible to import data directly, saving time and reducing the risk of errors caused by manual entry.

7. Easy to scale up

PBC/NSPB are highly scalable and can easily adapt to a company's growing needs. Whether adding more users or increasing storage capacity.

8. More computing power

Another important advantage of PBC/NSPB is its greater computing power. These systems can perform complex calculations and simulations faster and more efficiently than Excel. This is especially useful when adjustments need to be made that affect the overall schedule.

Conclusion

Moving to PBC/NSPB offers numerous advantages over traditional spreadsheets such as Excel. With the ability to collaborate in real-time, create a single source of truth, reduce errors, track audit records, generate integrated reports, scale easily, and take advantage of greater computing power, companies can significantly improve their planning processes. Moreover, integration with systems such as Fusion/NetSuite makes the process even more efficient and less prone to errors. All in all, scheduling in PBC/NSPB provides a more streamlined, accurate and reliable way of working.