What is the difference between Structured Planning and Dynamic Planning?

In Structured Planning, users input financial projections into specific templates, each assigned defined responsibilities within the planning process. Roles can be adjusted to optimize workflow, and the planning control panel comprises sections such as scenarios, budget entities, and templates, with customizable access levels to ensure users see only what they need. Once access is granted, users can enter their projections and utilize workflow options like Mark Complete, Forward, and Send Back.

Conversely, Dynamic Planning is a cloud-based, multi-dimensional engine that integrates with the EPM platform and other data sources. It supports operational planning and advanced analysis, allowing users to pull data from various sources and apply different modeling techniques. The system features web and Microsoft Excel front ends for rapid ad hoc querying and self-service data access. Key functionalities include:

• Interactive Query and Analysis: Enables quick exploration of multi-dimensional data in preferred interfaces (Excel, Web, mobile)
• Excel Reports: Facilitates report creation and formatting in Excel while allowing for central storage and collaboration
• Advanced Dynamic Planning: Offers capabilities for analyzing model components, adding dimensions, and conducting various what-if analyses

This flexible architecture empowers users to add, remove, or modify models and sub-models as needed for in-depth analysis.