Unit4 FP&A

Unit4 is a global provider of cloud-based enterprise software for financials, HCM and FP&A. To strengthen its offerings for CPM and analytics, Unit4 acquired the German vendor Prevero in 2016. Prevero originally delivered CPM software to support planning, budgeting and forecasting, analytics and reporting processes and has now been fully integrated into Unit4’s ERP application ecosystem to provide Financial Planning & Analysis (FP&A) solutions.

Unit4 FP&A solutions focus on people-centric industries, namely professional services, the public sector, not-for-profit organizations and higher education, but they also have a strong customer base in the utilities, manufacturing and retail industries. These sectors are supported with prebuilt business applications for financial planning, sales & operations planning, people planning & analytics, reporting & analytics, financial consolidation and IFRS 16. Unit4 FP&A solutions are available as standalone applications or integrated into Unit4’s ERP suite. They deliver CPM technology with native integration to Unit4’s enterprise solutions.

Built on a highly flexible platform, Unit4 FP&A applications are adaptable to various CPM and analytics use cases. The solutions give business users the platform and tools they need to configure their planning, budgeting & forecasting, analytics, reporting and financial consolidation applications to meet their individual requirements, without having to have a technical background. For data storage and navigation, Unit4 FP&A uses a ROLAP approach and offers typical OLAP navigation capabilities in its clients.

For planning, budgeting and forecasting, Unit4 FP&A provides comprehensive capabilities to support top-down, bottom-up and mixed planning processes. The product’s flexible development environment allows customers to address various planning topics on one common platform, with different aggregation levels (e.g., strategic as well as operational planning) for an integrated corporate planning approach (including financial planning). Planners can enter budget data in the FP&A Designer, HTML5 web client or Excel add-in. In addition to planning, Unit4 FP&A also offers complementary analytics functionality (e.g., report creation with a tabular grid that closely resembles Excel).

For financial consolidation purposes, Unit4 FP&A offers a prebuilt application that includes legal consolidation covering several consolidation standards as well as reporting capabilities and predefined disclosure statements.

User & Use Cases

67 percent of Unit4 FP&A users are planning users – slightly above the survey average of 64 percent – reflecting the fact that Unit4 FP&A is essentially an integrated CPM platform with planning but also BI and analytics functionality. This is also reflected in the area of planning use cases and other use cases. Customers leverage Unit4 FP&A mainly for financial planning (82 percent) but also operational planning (71 percent). Here, planning takes place at different aggregation levels. Unit4 FP&A is particularly used for budgeting (95 percent) and forecasting (65 percent). Besides planning, customers mainly use Unit4 FP&A for standard/enterprise reporting (78 percent), ad hoc query (63 percent) and dashboards/scorecards (54 percent). Many respondents plan to use it for strategic planning (38 percent) and dashboards/scorecards (34 percent) in the future.

Unit4 FP&A targets mid-sized and large companies across all industries. 71 percent of our sample of Unit4 FP&A customers come from mid-sized companies (100-2,500 employees) with a median of 71 users (including 48 using planning functionality), but the mean of 157 users (95 for planning) indicates there are also several larger implementations.

Current vs. planned use (planning use cases)

N=42

Current vs. planned use (besides planning)

N=42

Percentage of employees using Unit4 FP&A

N=42

Planning users (as a percentage of all users)

N=42

Total number of users per company

N=42

Planning users per company

N=42

Company size (number of employees)

N=42

Summary of Unit4 FP&A highlights

With seven top ranks and 24 leading positions across five different peer groups, Unit4 FP&A once again achieves a great set of results in this year’s Planning Survey. Convincing ratings in numerous important KPIs help to consolidate its position as a market-leading CPM platform. Companies can benefit from using Unit4 FP&A in terms of increased transparency of planning, improved integration of planning with reporting/analysis and more precise/detailed planning. In turn, these benefits lead to a better quality of planning results for many customers. 86 percent of Unit4 FP&A users say they would “definitely” or “probably” recommend their planning product to other organizations – a great indicator of customer satisfaction with the vendor and its product.

Flexibility – Top-ranked

Peer group: Operational Planning-Focused Products

Implementer Support – Top-ranked

Peer group: Fin. Plan. & Consolidation-Focused Products

Planning Functionality – Leader

Peer group: Fin. Plan. & Consolidation-Focused Products

Self-Service – Leader

Peer group: Fin. Plan. & Consolidation-Focused Products

Ease of Use – Leader

Peer group: Operational Planning-Focused Products

Want to see the whole picture?

BARC’s Vendor Performance Summary contains an overview of The Planning Survey results based on feedback from Unit4 FP&A users, accompanied by expert analyst commentary.

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Planning Survey 22 Awards

Unit4 FP&A

Peer Groups Business Software Generalists, Financial Planning & Consolidation-Focused Products, Global Vendors, Midsize/Departmental Implementations, Operational Planning-Focused Products
VendorUnit4
Number of responses42
ProductUnit4 FP&A
OfficesOffices worldwide in the Netherlands (HQ), Germany, Austria, Switzerland and across Europe, North America and the Asia-Pacific region
Employees3,500 approx. (Unit4 employees, not only focused on FP&A)
Customers600+ (Unit4 FP&A customers)
Websitewww.unit4.com

Product Video

Quotes from the Planning Survey 22

Flexible planning tool or planning software that can be managed independently by the department.
Head of business department, Services, >2,500 employees
Flexibility in the data model, single point of truth, integration of all areas through decentralized planning.
Head of business department, Utilities, 100-2,500 employees
Powerful tool, self-service is at the forefront and it fits perfectly with our corporate philosophy.*
Head of business department, Services, 100-2,500 employees
Power users can do a lot internally themselves (self-service approach). Good personal support.*
Head of business department, Utilities, 100-2,500 employees
Full administration and responsibility in specialist areas possible without IT. Very intuitive interface programming and cube creation.*
Head of business department, Manufacturing, >2,500 employees