Host Analytics Planning Review

Create What-If Scenarios Using Simulation Engines

One of the reliable features of Host Analytics Planning is its utilization of simulation engines. These simulation engines enable users to come up with an unlimited number of what-if scenarios. They will be able to model and run bottom-up, top-down, or middle-out processes; and apply adjustments at any organizational level.

Improve Agility With Rolling Forecasts

Host Analytics Planning allows teams and operations to conduct planning using rolling forecasts. Also referred to as iterative forecasts, rolling forecasts are processes that enable users to predict future outcomes within a given period of time. For instance, if they want to predict the operational expenses of their organization for the coming year, the rolling forecast will cover a period of 12 months. When the first month of that 12-month period has elapsed, such month is removed from the rolling forecast and another month is added to the forecast. With rolling forecasts, users will be able to accurately predict and model future scenarios, improving business agility.

Offline Planning

The enterprise performance management solution supports offline planning. This means users can make adjustments to their forecasts and budgets anytime and anywhere, even when they are not connected to the Internet. They can check data both online and offline. Furthermore, the platform synchronizes online and offline data. As a result, financial data and budgeting are always updated accurately and on time.

Advanced Planning Modules

Host Analytics Planning offers pre-built planning modules for workforce, initiatives, and capital planning. Its workforce planning module has the capability to pull in actual and raw data from HR systems; accelerating headcount, salary, and compensation planning. It can also gather data on hiring plans and enterprise-wide financial plans.

Meanwhile, the initiatives planning module allows users to bring together revenue, expense, and capital estimates without the need for creating bottom-up detail. This advanced module permits them to perform planning for large projects, and makes sure that they will be able to understand the impact of each project to their profit and loss, balance sheet, and cash flows.

Lastly, the platform’s capital module gives users the ability to conduct planning for existing and new capital assets. The module covers factors such as depreciation, transfers, and maintenance. As they are able to explore these factors, the platform lets them analyze how such factors affect their financial statements, providing them with insights so they can generate decisions better before they make cash commitments.