Strengthening Governance and Controls in Group Financial Planning
Challenge
The Group Planning & IFRS Modelling team faced growing complexity in coordinating planning activities across multiple Business Units and Group Functions. Manual sign-offs, fragmented controls, and limited visibility into submission discrepancies hampered governance. Aligning timelines across underwriting, cost planning, and macroeconomic shifts added further pressure. A more automated, transparent, and consistent planning framework was urgently needed.
Solution
- A governance framework was built within the Group Planning Tool (GPT) using Palantir Foundry to digitize and automate key control processes.
- Manual confirmations were replaced with structured workflows, and real-time data consistency checks were introduced across BU submissions and central repositories.
- Tailored quality validations provided instant feedback to contributors.
- A unified data model consolidated all upstream inputs into a single source for group-wide alignment.
Impact
Strong Governance
Governance across the Group Plan was significantly strengthened with automated compliance and control processes.
Improved Data Integrity
Data integrity improved through real-time validation between GPT and the Enhanced Finance Repository.
Accelerated Planning
Planning cycles were accelerated, and transparency for stakeholders was enhanced. GPT now acts as the golden source for downstream systems, laying a scalable foundation for future planning complexity.