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Real-time aggregation of data within an enterprise planning environment

An enterprise and data technology, applied in the computing environment field of enterprise business planning, can solve the problems of doubtful result integrity, imprecise view, uncertainty, etc., to achieve the effect of improving accuracy and predictability, and accurate planning information

Inactive Publication Date: 2008-12-24
INT BUSINESS MASCH CORP
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

Thus, such systems often present the user with an imprecise view of the actual, aggregated data used to forecast business activity
This can cause users to supply incorrect data, or incorrectly modify their input
Additionally, users may not be sure which numbers are the "correct" numbers for the business, and often doubt the integrity of the results
For heavy deadline-facing activities like corporate planning, this slow processing of data collection and offline consolidation creates obvious problems

Method used

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  • Real-time aggregation of data within an enterprise planning environment
  • Real-time aggregation of data within an enterprise planning environment
  • Real-time aggregation of data within an enterprise planning environment

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Embodiment Construction

[0026] figure 1 is a block diagram illustrating an environment 2 in which a business planning system 3 allows and automates the alignment of top-down goals with detailed bottom-up forecasts of a business 4 . Generally, the enterprise planning system 3 provides enterprise planning in three stages: (1) modeling stage, (2) submission stage, and (3) agreement stage. In the modeling phase, an analyst 8 such as a financial officer, a senior financial analyst or a production and sales analyst defines the requirements for the enterprise 4 and constructs a planning model for the enterprise. More specifically, analyst 8 develops a model with a plurality of hierarchically arranged nodes representing various cost centers within enterprise 4, such as business units or departments.

[0027] During the modeling phase, the analyst 8 also establishes the company's goals for each node in the organizational hierarchy. The analyst 8 then assigns to each node one or more business users, such as ...

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Abstract

A business planning system includes a database having an associated data area and a transaction data area, and a server for storing contribution data received from a group of business contributors in the transaction data area. The server uploads the contribution data from the transaction data area to the related data area. The transaction data area may include a set of contribution slots and a set of summary slots that are hierarchically related according to the enterprise model. The related data area includes a set of related tables defined by enterprise contributors, and the related data area allows detailed statistical analysis and report generation.

Description

field of invention [0001] The present invention relates to enterprise computing environments, and more particularly, to computing environments for enterprise business planning. Background technique [0002] Businesses are increasingly taking on the job of establishing correct forecasts for their operations. Failure to meet the established expectations can have serious negative consequences for the business in the areas of cash flow, stock price, velocity of realization, and contributor confidence, among other areas. Examples of business planning activities where accuracy is a key element include revenue forecasting, inventory management, resource planning, and others. However, business planning is a difficult and expensive task that often produces imprecise results. [0003] Usually, companies adopt a "top-down" or "bottom-up" approach to business planning. In "top-down" planning, a business identifies important business goals, such as average product price, cost per empl...

Claims

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Application Information

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Patent Type & Authority Patents(China)
IPC IPC(8): G06F7/00G06F17/00G06F17/30
CPCG06F16/24556Y10S707/99945
Inventor A·塞尔G·D·皮尔松M·古尔德
Owner INT BUSINESS MASCH CORP