Integrated Business Planning (IBP) is a strategic approach to aligning a company’s financial objectives with its business operations and activities. This method integrates financial planning processes with other key corporate functions such as sales planning, production planning, inventory management and workforce planning.
The main objective of IBP Financial Planning is to create a global and aligned vision of the company’s financial performance over the medium and long term. This means taking into account
- the company’s strategic objectives,
- sales forecasts,
- stock levels,
- production capacities,
- capital investments,
- operating expenses,
- and other relevant financial factors.
IBP Financial Planning enables companies to make more informed, data-driven decisions by aligning financial resources with business objectives. It also facilitates collaboration between different company functions, promoting an integrated approach to planning and decision-making.
