BARC The Planning Survey 2024 – Unit4 FP&A with 4 TOP Rankings and 16 leading positions
The Planning Survey 24 serves as a guide for enterprise performance management (EPM) and financial planning and analysis (FP&A) solutions, directing organizations to the most effective tools for their needs.
The latest edition unveils intriguing insights into the world of financial planning software. Among the standout performers is Unit4 FP&A, which not only received four top rankings but also secured 16 leading positions across various criteria.
Unit4 FP&A ranks ahead of many market vendors, including SAP, Oracle, Board, Jedox, Prophix, and IBM. Let’s explore what makes Unit4 FP&A shine in this comprehensive survey.
What is BARC?
BARC (Business Application Research Center) is a leading enterprise software analyst firm renowned for its rigorous research methodologies and unbiased evaluations. The BARC Planning Survey is an annual assessment based on feedback from over 1,200 users in more than 50 countries, offering unparalleled insights into the performance of planning software across industries.
The Survey: Unveiling the key findings
The Planning Survey 2024 collected survey responses and meticulously analyzed 21 products against 33 key performance indicators (KPIs), including Business Benefits, Project Success, and Customer Satisfaction. Among these, Unit4 FP&A emerged as a frontrunner, exceeding the peer average for each category with an average score of 8.2/10 vs the peer average of 6/4.
Key Unit4 rankings:
- 4 TOP rankings
- 16 leading positions (Unit4 ranked within the top 5) in 4 different peer groups
- Unit4 FP&A ranks as #1 for Flexibility Overall
- Unit4 FP&A ranks as leader for Self-Service in 4 peer groups
- Unit4 FP&A ranks as leader for Implementer Support in 2 peer groups
- 75% of users rate Unit4 FP&A’s implementer support as excellent or good
- 81% of users rate Unit4 FP&A’s ease of use for planners as very good or good
- 71% of users chose Unit4 FP&A because of its flexibility
- 95% of users were somewhat satisfied or very satisfied
Why Unit4 FP&A stands out
Unit4 FP&A’s stellar performance in The Planning Survey 24 can be attributed to several factors:
1. Flexibility Overall
Securing the coveted #1 spot for Flexibility Overall, Unit4 FP&A showcases its adaptability to diverse planning scenarios. Unit4 FP&A excels in the essential ability to pivot and respond swiftly to changing circumstances.
2. Leader in Self-Service
Empowering users with self-service capabilities is a hallmark of modern planning software. Unit4 FP&A’s leadership position in this category underscores its commitment to providing intuitive tools that enable users to access and analyze data independently, fostering a culture of data-driven decision-making.
3. Exceptional Implementer Support
Implementing a new software solution can be a daunting task, but Unit4 FP&A’s robust support infrastructure ensures a smooth transition for users. With 75% of users rating its implementer support as excellent or good, Unit4 FP&A sets the benchmark for customer satisfaction in this crucial area.
4. High Ease of Use
Simplifying the planning process is a priority for Unit4 FP&A, as evidenced by its high ease-of-use rating. An impressive 81% of users rated Unit4 FP&A’s ease of use for planners as very good or good, highlighting its intuitive interface and user-friendly features.
5. Flexibility as a Key Driver
In a competitive landscape where businesses demand flexibility and scalability from their software solutions, Unit4 FP&A’s emphasis on adaptability resonates strongly with users. A notable 71% of users chose Unit4 FP&A because of its flexibility, recognizing its ability to accommodate evolving business needs.
Final thoughts…
Unit4 FP&A’s stellar performance in BARC The Planning Survey 2024 reaffirms its position as a top contender in the realm of planning software. With four top rankings and 16 leading positions across various criteria, Unit4 FP&A continues to set the standard for excellence in FP&A solutions.
As businesses navigate an increasingly complex and dynamic marketplace, the importance of reliable, flexible planning software cannot be overstated, and Unit4 FP&A stands ready to meet and exceed the evolving needs of its users.
