Several reasons your FP&A team may benefit from using a planning tool, such as Adaptive Insights or a similar solution. Here are five points to consider:

1. Improved accuracy and consistency: A planning tool can help your FP&A team create more accurate and consistent forecasts and budget plans by automating many manual tasks associated with these processes. This can reduce errors and improve your financial planning and analysis quality.

2. Increased efficiency: A planning tool can help your FP&A team save time and resources by automating many of the financial planning and analysis tasks. This can help your team focus on more critical tasks, such as analysis and decision-making, rather than spending time on manual data entry and calculations.

3. Better collaboration: A planning tool can help your FP&A team work more effectively by providing a central location for storing and accessing data and documents. This can help improve communication and collaboration within your team, leading to more efficient and effective decision-making.

4. Improved agility: A planning tool can help your FP&A team quickly and easily adapt to changing business conditions. By providing real-time visibility into financial performance and the ability to test different scenarios quickly, a planning tool can help your team respond more quickly and effectively to changing circumstances.

5. Enhanced reporting and analysis: A planning tool can provide a wide range of reporting and analysis capabilities, including advanced modeling and simulation capabilities. This can help your FP&A team make more informed decisions by providing deeper insights into your business's financial performance and potential outcomes.