What process should be conducted to ensure reliable data for enterprise planning in SAP Analytics Cloud?

The process of collaborative planning is essential for ensuring reliable data for enterprise planning in SAP Analytics Cloud. This approach involves various stakeholders working together to develop and refine planning assumptions, share insights, and align on objectives. Collaborative planning emphasizes participation from different departments, ensuring that all relevant perspectives and information are incorporated into the planning process. This broad collaboration ultimately leads to more accurate and comprehensive plans because it integrates diverse expertise and perspectives, enhancing data reliability.

In the context of enterprise planning, reliability of data is critical. Collaborative planning facilitates this by establishing a transparent communication channel among all involved parties, encouraging continuous feedback, and making real-time adjustments based on the input received. This process not only improves trust in the data being used but also enhances alignment with organizational goals.

While data blending, predictive analytics, and data profiling are all valuable processes in data management and analytics, they do not directly address the collective planning efforts necessary for ensuring the reliability of data in an enterprise context. Data blending focuses on combining multiple data sources, predictive analytics emphasizes forecasting future trends based on existing data, and data profiling deals with understanding the quality and structure of data without the collaborative aspect that is essential for planning reliability.