Valsight in BARC The Planning Survey 23

Valsight Again Achieves Top Scores in BARC The Planning Survey 23

The voice of the financial planning software user community in the highly competitive market for financial planning products has been released in its ninth edition: BARC The Planning Survey 23. The Planning Survey 23 is based on the results of the world's largest and most comprehensive survey of financial planning software users, conducted from November 2022 to February 2023. A total of 1,321 people took part in the survey, of whom 1,046 answered detailed questions about their use of a particular product. A total of 19 products (or product groups) are analyzed in detail.

Valsight has once again achieved impressive results in this year's BARC The Planning Survey with 27 top rankings and 29 leading positions in three different peer groups. These results confirm Valsight's outstanding performance as an effective financial planning and simulation solution that provides significant value to customers.

The evaluations in numerous KPIs underline Valsight's strengths and demonstrate that companies benefit from increased transparency in financial planning, improved accuracy, and reduced complexity, resulting in higher quality planning outcomes overall. Notably, Valsight has established itself as a leading tool for Simulation in all three peer groups for five consecutive years, complemented by its leading position in Driver-Based Planning for the last four years.

Furthermore, all surveyed Valsight users indicated that they would "definitely" or "likely" recommend the tool as a financial planning solution. This speaks to the satisfaction of the users and confirms the effectiveness and benefits that Valsight provides to businesses.

The highlights of the survey

• In first place for simulation for five consecutive years in all peer groups
• Leading position in Driver-Based Planning for the last four years in all peer groups
• 100% willingness to recommend, an optimal result that has improved even more compared to the previous year (98%)
• 100% of users surveyed rated Valsight's coverage of planning-specific requirements as very good or good (compared to 88% for an average financial planning tool).
• Leadership position for Ease of Use in all three peer groups
• 95% customer satisfaction, based on "satisfied" and "somewhat satisfied" ratings
  

Valsight Received Top Ratings for Simulation and Driver-Based Planning

In addition to leading rankings in all of its peer groups in the KPIs Planning Functionality, Ease of Use, Implementer Support, Vendor Support, Sales Experience, and Competitive Win Rate, Valsight has again been recognized as the leading solution for Simulation and Driver-Based Planning.

Consistent Top Rating for Simulation and Driver-Based Planning for Years

It is particularly noteworthy that Valsight has established itself as a leading tool for Simulation in all its peer groups for five consecutive years, complemented by its leading position in the area of Driver-Based Planning for the past four years. With these impressive ratings, Valsight solidifies its position as a leading simulation tool that assists companies in achieving better planning outcomes and successfully executing their business strategies.

Furthermore, the results of BARC The Planning Survey 23 demonstrate that Valsight is perceived by finance and controlling teams as a leader in meeting specific requirements in the area of financial planning (KPI Planning Functionality). Moreover, the survey confirms that the software is easy to use, resulting in top rankings for user-friendliness (KPI Ease of Use) in all three peer groups.

What Customers Particularly Appreciate About Valsight

Quantitative evaluations are undoubtedly of great importance, but in order to get a comprehensive picture, qualitative personal feedback from our customers is just as valuable. Here is what customers value most about Valsight:

"The driver-based design, the ability to compare scenarios in real time and the corresponding visualisation"

Line of business employee, Manufacturing, >2,500 employees

"Usability, especially in modelling speed and flexibility in taking on and implementing new requirements for the software, quality and speed of manufacturer support"

Member of a cross-departmental BI team, Manufacturing, >2,500 employees

"The high degree of flexibility and the fast possible results. The individual competent accompaniment of the software through real application advice"

Head of business department, 100-2,500 employees

"Ability to model things on your own, support from the company steady development value for money"

Line of business employee, Banking and finance, >2,500 employees

"Fast learning curve, enables high transparency in planning, easy connection of data"

Project manager for departmental BI, Manufacturing, >2,500 employees

"Valsight is fun and moves us forward!"

Head of business department, 100-2,500 employees

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