Unit4 FP&A

Unit4 is a global provider of cloud-based enterprise software for ERP, 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, 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. While Unit4 FP&A historically attracted a strong customer base in the DACH and EMEA region, its appeal has subsequently broadened to mid-market and enterprise-level customers worldwide, particularly in North America.

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 both standalone applications and integrated into Unit4’s People Experience 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, analytics and reporting applications to meet 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 rich client, HTML5 web client or Excel add-in. Besides its traditional planning capabilities, the platform uses artificial intelligence to help build forecasts and detect deviations and anomalies in data entries. In addition to planning, Unit4 FP&A also offers complementary analytics functionality (e.g., reporting and report creation with a tabular grid that closely resembles Excel in the full client).

For 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

Besides planning, customers mainly use Unit4 FP&A for standard/enterprise reporting (70 percent), ad hoc query and reporting (62 percent) and basic data analysis (48 percent). 68 percent of respondents plan to use it for advanced analysis and 50 percent for dashboards/scorecards 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 60 users (including 28 using planning functionality), but the mean of 88 users (52 for planning) indicates there are also some larger implementations. 65 percent of Unit4 FP&A users are planning users, almost matching the survey average of 66 percent. This reflects the fact that Unit4 FP&A is essentially an integrated tool with strong planning as well as analytics functionality.

Current vs. planned use (besides planning)

N=30

Percentage of employees using Unit4 FP&A

N=31

Planning users (as a percentage of all users)

N=31

Total number of users per company

N=31

Planning users per company

N=31

Company size (number of employees)

N=31

Summary of Unit4 FP&A highlights

With six top ranks and 16 leading positions across six 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 planning and analytics platform that delivers considerable benefits to its customers. Companies can benefit
from using Unit4 FP&A in terms of reduced resource requirements for planning, increased transparency of planning and improved integration of different sub-budgets. Overall,
these benefits lead to more precise/detailed planning and a better quality of planning results for many customers. 48 percent of Unit4 FP&A users say they would definitely recommend
their planning product to other organizations. This result is a great indicator of customer satisfaction with the vendor and its product.

Flexibility – Top-ranked

Peer Group: Financial Performance Management Products

Flexibility – Top-ranked

Peer Group: Financial Performance Management Products

Flexibility – Top-ranked

Peer Group: Business Software Generalists

Flexibility – Top-ranked

Peer Group: Global Vendors

Flexibility – Top-ranked

Peer Group: Integrated Corporate Planning 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 21 Awards

Unit4 FP&A

Peer Groups BI & Analytics Products, Business Software Generalists, Financial Performance Management Products, Global Vendors, Integrated Corporate Planning Products, Midsize/Departmental Implementations
VendorUnit4
Number of responses31
ProductUnit4 FP&A
OfficesOffices worldwide in the Netherlands (HQ), Germany, Austria, Switzerland and across Europe, North America and the Asia-Pacific region
Employees3,200 approx. (Unit4 employees, not only focused on FP&A)
Customers 650-750 approx. (Unit4 FP&A customers)
Revenues (2020)€500M approx.
Websitewww.unit4.com

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Quotes from the Planning Survey 21

Fast implementation and flexible when adjustments are necessary.
Line of business employee, retail/ wholesale/trade, more than 2,500 employees
You are betting on the right horse.
Person responsible/Project manager for departmental BI, process industry, more than 2,500 employees
10 years of trouble-free use speak for themselves.
Consultant, utilities, less than 100 employees
Unit4 can map almost everything a company needs at a good priceperformance ratio.
Line of business employee, services, 100- 2,500 employees
High flexibility, easy to use.
Head of business department, IT, 100-2,500 employees