Fragmented, At-risk Compensation Planning
The company managed their organization’s talent review, compensation, planning & analysis between spreadsheets and various internal systems, with no singular source of truth for any given planning cycle. However, planning in large, unsecured workbooks resulted in concerns around data integrity, version control, and security. Performing inputs within these planning spreadsheets also became a pain point as the company’s operations scaled, and workbooks did not provide visibility into where approvals stood in the workflow process for compensation, causing confusion.
A Robust Compensation Planning Solution with Anaplan
The company tasked Anaplan and Spaulding Ridge to support several internal planning functions and help facilitate a more robust means of comparing new plans to historical data. The solution we developed allows the company’s executive team to execute quickly and effectively during fast-paced planning cycles intra-year and beyond.