CFO Central

Top 9 Scenario Planning Software in 2025: Navigating Uncertainty with Agility

Written by Jade Cole | Jul 28, 2025 7:31:31 AM

BCG’s 2025 report, Navigating the Future with Strategic Foresight, highlights that scenario planning, combined with advanced analytics, enables more risk-informed, resilient, forward-looking strategies. The report states that organizations embracing these scenario planning tools can anticipate and plan for the future more effectively than competitors, turning uncertainty into a source of competitive advantage.

Laura Juliano, a managing director and senior partner at BCG, emphasizes how scenario planning could help businesses prepare for today’s three major uncertainties: geopolitical conflicts and tariffs, generational shifts in the workforce, and emerging technologies like AI and automation. With the right tools, companies can map potential impacts and proactively plan for the most effective responses.

BCG’s Most Innovative Companies 2023 report also found that top performers rely on agile teaming. Scenario planning fuels this agility by integrating cross-functional insights—from supply chain to sales—into a unified view of risks and opportunities.

In this article, we review the top nine scenario planning software to consider in 2025. You’ll get a breakdown of key features, pros and cons, and the critical factors to evaluate when choosing the right solution for your business.

What to Look for in Scenario Planning Software 

Selecting scenario planning software is a pivotal decision that enhances your organization’s agility and foresight. To ensure you're investing in the right tool, here are five essential considerations:

1. Prioritize key features 

Look for multi-scenario modeling that enables side-by-side comparisons of base, best, and worst cases. This helps you plan for volatility without losing control. Real-time data sync is critical, ensuring decisions are based on current financial and operational data, not outdated snapshots. Platforms like Limelight also offer seamless integrations with ERP, CRM, and business intelligence systems, streamlining workflows and eliminating manual entry to reduce errors and delays.

2. Ensure ease of use for all teams

Great scenario planning is collaborative. The scenario planning software must be intuitive enough for operations leaders to contribute without a steep learning curve, while still offering the depth and rigor financial analysis needs. Tools like Limelight offer customizable dashboards, collaboration features, and role-based access to support cross-functional engagement.

3. Plan for future scalability

Your needs will evolve. Choose a solution that can handle increased data volume, users, and complexity as your business grows. Tools like Limelight’s scalable architecture and flexible pricing make it easy to expand functionality as your business grows.

4. Look for flexible, transparent pricing

Avoid one-size-fits-all pricing models. Look for tiered or usage-based pricing that aligns with your current size and future plans. Transparent pricing helps eliminate surprises at renewal time and ensures long-term value.

Top 9 Scenario Planning Software in 2025

Here's a comparison of top 9 scenario planning software in terms of their core features, integrations offered, forecasting capabilities, and pricing.

Scenario planning software 

Key features 

Integrations

Forecasting 

Pricing tiers

Limelight 

Multi-dimensional modeling, driver-based planning, real-time data sync, variance analysis, workforce planning, AI-generated analysis, pre-built templates

Seamless ERP, CRM, HR integrations

Predictive forecasting, rolling forecasts

Starts from $1,400 per month

Workday Adaptive Planning 

Unlimited what-ifs, driver-based planning, integrated headcount scenarios

ERP, CRM, HR integrations 

Predictive, real-time re-forecasting

Custom pricing 

Anaplan 

Multi-dimensional scenarios, Hyperblock engine, AI insights

Finance, marketing, sales, and HR integrations 

Predictive optimization

Custom pricing

Vena

What-ifs, driver-based modeling, scenario comparisons, pre-built templates 

Microsoft ecosystem integrations

Rolling forecasts 

Custom pricing

Planful 

Dynamic what-ifs, driver-based scenarios

ERP and CRM integrations

Rolling, predictive forecasts 

Custom pricing 

Pigment 

Multi-dimensional scenario modeling, real-time updates to models and data

Native connectors, including for Snowflake, and supports integration with various business applications and ERPs via APIs

Rolling forecasts 

Custom pricing 

Datarails 

Excel-native FP&A solution, what-if analysis, scenario comparisons, variance analysis

200+ ERP & CRM integrations (source)

Rolling, scenario-adjusted forecasts

Custom pricing 

Cube

What-if analysis, Excel & Google Sheets-based modeling, scenario planning with unlimited dimensions 

ERP, CRM, Power BI integrations 

Rolling forecasts 

Custom pricing 

Board International 

What-if analysis, scenario assessment and visualization 

Multiple ERP integrations 

Predictive simulations

Custom pricing 

 

1. Limelight 

Limelight scenario planning software overview

Limelight’s scenario planning capabilities enable finance teams to model complex what-if scenarios with real-time data integration. Its cloud-native analytical engine lets users build custom models tailored to specific business needs, supporting rapid scenario iteration without relying on Excel.

The platform’s collaborative features facilitate simultaneous multi-user scenario modeling, ensuring alignment across teams. Its strength lies in enterprise-wide collaboration, linking finance, HR, and sales data for holistic scenario planning. This makes it a top choice for large enterprises seeking scalable, agile planning to navigate complex market conditions. It also stands out for its seamless ERP integration and intuitive interface.

Limelight key features

1. Multi-scenario modeling

Limelight scenario planning software overview

Limelight allows users to create and manage multiple what-if scenarios side-by-side, each with its assumptions, drivers, and outcomes. This helps finance leaders compare the impact of different market conditions, such as a drop in sales, supply chain disruptions, or changes in hiring plans.

2. Driver-based planning 

Limelight driver-based planning tool overview

The platform supports customizable driver-based models, letting users define operational or financial levers (like headcount, unit cost, or price per SKU) that automatically ripple through the forecast. This transforms scenario building from manual spreadsheet work into intelligent modeling that updates in real-time with minimal input.

3. Real-time data integration

Limelight real-time integration overview

Limelight pulls actuals and source data from ERPs, CRMs, and HRIS systems directly into scenario models. This ensures your team always has current and consistent data across departments to model accurate scenarios.

4. Version control and scenario snapshots

Finance teams can save, lock, and compare different versions of a plan to assess how assumptions evolve. This offers transparency and accountability in planning discussions and supports auditability in regulated industries.

5. AI-powered report insights

Limelight AI-generated analysis overview

Identify opportunities as they emerge and detect anomalies across your data with AI-generated analysis. Extract actionable insights from reports to model more precise scenarios. Reduce time spent on manual analysis and focus more on strategic tasks.

6. Workforce planning

Limelight workforce planning tools overview

Limelight allows detailed workforce planning by role, department, location, or cost center. You can model headcount changes, hiring delays, compensation adjustments, or attrition rates within your broader financial scenarios. Understand how labor decisions affect P&L, cash flow, and productivity for smooth staffing through market fluctuations or growth phases.

7. Collaboration-ready templates

 Limelight pre-built templates overview

Limelight provides pre-built templates tailored to various scenarios, such as revenue shortfall, budget reallocation, and workforce reduction, with built-in workflows for cross-functional input. This enables company-wide involvement in planning without compromising on structure or accuracy.

Limelight pros and cons 

Pros

Cons

Easy to use with quick implementation (source, source)

The workforce planning tool could be challenging to set up initially (source)

Excellent customer support (source)

 

Improved efficiency due to streamlined planning and forecasting (source)

 

 

Limelight best for

Limelight is best suited for mid-market to large-sized organizations across industries like technology, healthcare, non-profits, and manufacturing, where financial agility and collaborative, real-time scenario planning across functions is important.

How Limelight’s scenario planning software delivers real business impact

The challenge

Triple Crown Sports, an event services company, was struggling with a lack of timely insights and slow, manual reporting. The finance team spent excessive time pulling financial data from ERPs, entering it into spreadsheets, and fixing broken formulas. This tedious workflow left little capacity for accurate analysis or strategic support. Reports were often inconsistent, and collaboration between management and event directors was limited, making it difficult to deliver reliable, detailed financial information to the board.

How Limelight helped

After implementing Limelight, Triple Crown Sports transformed its financial planning and analysis process:

  • Automated scenario planning enabled the finance team to quickly map out different financial scenarios and analyze potential business impacts. This allowed them to forecast and adjust for various event outcomes with greater agility.
  • Report preparation time dropped from a full day to just 15 minutes per report, resulting in 98% time savings in reporting. The team could now focus on deeper analysis and strategic initiatives instead of manual tasks.
  • Event directors and management worked more closely, combining on-the-ground insights with executive oversight to drive better decisions.

2. Workday Adaptive Planning

Workday Adaptive Planning scenario planning software overview

Workday Adaptive Planning offers unlimited what-if scenarios and driver-based modeling. Users can create, share, and compare multiple scenarios instantly. It also allows the incorporation of real-time actuals to recalibrate forecasts dynamically.

Workday Adaptive Planning key features

  • Link business drivers (e.g., headcount, pricing, sales volume) to financial outcomes and base scenario models on dynamic inputs
  • Automatically import actuals into scenario models to recalibrate forecasts 
  • Reporting with dashboards and OfficeConnect for comparing scenario outcomes and tracking KPIs

Workday Adaptive Planning pros and cons

Pros

Cons

Flexible multiple scenario modeling with unified reporting (source, source)

Performance gets slow while handling complex data (source)

Real-time scenario modeling and analysis make planning responsive to changing conditions (source)

The lack of file structure in the menu bar makes navigating models a bit difficult.  (source)

 

Setting up, customizations and handling large datasets are challenging (source)

 

Workday Adaptive Planning best for

It’s ideal for mid to large-sized organizations with high-volume data, who need integrated, cross-functional planning with real-time collaboration.

3. Anaplan

Anaplan scenario planning software overview

Anaplan’s scenario planning leverages its Hyperblock engine to handle complex, multi-dimensional what-if analysis across large datasets, enabling real-time calculations. It supports dynamic scenario modeling and comparison using internal and external drivers, with instant updates when variables change. The platform’s conversational AI allows users to generate scenarios through context-aware, chat-style queries, improving accessibility. 

One of the leading scenario planning software in the market, Anaplan facilitates collaborative scenario planning with real-time multi-user editing and commenting. While it offers robust integrations with ERP, CRM, and HRIS systems through prebuilt connectors, these may require configuration effort.

Anaplan key features

  • Multi-dimensional scenario modeling that supports any combination of dimensions like time, location, product, customer, and currency
  • Built-in calculation engine (Hyperblock) for modeling, recalculations, and scenario adjustments
  • Real-time connected planning with a centralized data hub

Anaplan pros and cons  

Pros

Cons 

Collaborative and dynamic scenario planning 

Source 

Pricing is confusing and non-transparent (source)

Allows real-time simulations of various complex scenarios (source)

Lack of drill-down functionality limits users from gaining insights for accurate scenario modeling (source)

Learning to build models is easy (source)

Working with a calculation engine is challenging (source)

 

Anaplan best for

Anaplan is best suited for large enterprises, especially those with complex planning needs and who require connected scenario modeling across vast datasets and departments.

4. Vena Solutions

Vena scenario planning tool overview

Vena Solutions’s scenario planning software supports multidimensional what-if analysis. It automates driver-based models, allowing users to assess revenue, expense, and cash flow impacts with minimal manual effort. Vena Solutions’s native Excel integration offers a familiar interface. Its centralized database pulls live data from CRM, HRIS, and ERP systems to support accurate, real-time scenario planning.

Vena Solutions key features 

  • Unlimited what-if scenario modeling with flexible drivers, allowing top-down or bottom-up adjustments directly in Excel
  • Predictive analytics to enhance scenario accuracy and depth
  • Pre-built templates for top-down P&L, rolling forecasts, and OpEx planning

Vena Solutions pros and cons

Pros

Cons

Allows customization of models as per the company's needs


Source

Inaccurate models with occasional  formula differences and discrepancies 


Source 

Excel integration makes data gathering easy and pulls error-free data for planning 


Source

Complex user interface 


Source 

Pre-built templates reduce the effort on setup and planning


Source

It is expensive than other tools offering the same range of features


Source

 

Vena Solutions best for

Vena Solutions is best suited for mid-market to enterprise companies, particularly those using Microsoft ecosystems and seeking scalable, Excel-based FP&A solutions.

5. Planful

Planful scenario planning software overview

Planful’s scenario planning capabilities focus on enabling multiple financial scenarios using pre-built templates and built-in financial intelligence. Its platform supports what-if modeling for cash flow, budgeting, and strategic planning. It has tools to compare scenarios and assess decision impacts across departments.

Planful key features

  • Creation of multiple what-if scenarios by allowing users to adjust both financial and non-financial drivers, supporting scenario analysis and dynamic planning
  • Multidimensional ad hoc analysis, providing users with the ability to explore data at a granular level and generate custom reports
  • Automated anomaly detection and pattern recognition, surfacing outliers and potential risks to enhance accuracy and provide actionable insights

Planful pros and cons 

Pros

Cons

Works well with a large amount of data (source)

Creating templates for modeling is time-consuming (source)

Capable of planning complex dimensions and scenarios (source)

Working with planning modules is complicated, and implementation is hard (source, source, source

Good customer support (source)

Workforce planning lacks support for custom formulas, limiting users to predefined logic. This makes it difficult to handle complex calculations. (source)

 

Planful best for

Planful is best suited for mid-sized to large enterprises that require complex, multi-scenario planning with the ability to zoom into the deeper data.

6. Pigment

Pigment scenario planning software overview

Pigment’s scenario planning software features what-if modeling and visualizations such as tornado and waterfall charts. Its prompted modeling capabilities suggest new scenarios for users to explore. The platform’s real-time data integration from ERP and CRM systems enhances cross-team collaboration.

Pigment key features

  • Model multiple what-if scenarios by adjusting assumptions and formulas
  • Visualization of scenario impacts through intuitive dashboards and reports
  • Collaboration across teams with shared scenarios, inputs, and review

Pigment pros and cons 

Pros

Cons

Making changes to the dimensional structure is easy (source)

The user interface can be complex and rigid to use (source, source)

Supports collaborative planning (source)

The system gets slow while processing large datasets (source)

Offers flexibility by allowing various data input types and building formulas (source, source)

Understanding formulas and implementing them during modeling is hard (source)

 

Pigment best for

Pigment is best suited for mid-sized to large enterprises needing agile, collaborative, and data-driven scenario planning.

7. Datarails

Datarails scenario planning tool overview

Datarails enhances scenario planning with predictive analytics within an Excel-native environment. It automates what-if analyses for budgeting, forecasting, and cash flow, pulling live data from ERP, CRM, and HRIS systems into centralized models. Users can iterate scenarios without leaving familiar spreadsheets.

Datarails key features

  • Create and compare multiple what-if scenarios directly within Excel by adjusting financial models and assumptions, supporting best-case, worst-case, and intermediate outcome planning
  • An AI-powered chatbot (FP&A Genius) that allows users to instantly query and analyze scenario outcomes using conversational language
  • Generate dynamic, customizable reports and dashboards that update in real-time, enabling stakeholders to visualize and drill down into the latest financial data

Datarails pros and cons

Pros

Cons

Integration helps sync data from multiple sources without hassles (source)

Incapable of handling large datasets and complex calculations (source)

Enhances visibility and automation with Excel models (source)

Implementation is difficult and confusing (source, source)

The ability to drill down into data saves time during analysis (source)

Collaboration isn't seamless, making it difficult to share insights or stay updated across teams (source)

 

Datarails best for

Datarails is best suited for small to mid-sized businesses that rely heavily on Excel, seeking automation and enhanced scenario modeling for strategic financial planning.

8. Cube

 Cube scenario planning tool overview

Cube excels in scenario planning by integrating spreadsheet-native functionality with automated forecasting. The platform supports multi-scenario modeling, enabling finance teams to analyze hiring, budgeting, and cash flow scenarios within Excel or Google Sheets. Cube’s real-time data mapping from ERP, CRM, and HRIS systems allows unified scenario inputs. 

Cube key features

  • Flexible, multi-dimensional planning with custom hierarchies for departments, regions, product lines, customer segments, or other metrics
  • What-if modeling, rolling forecasts, and assumption adjustments within a familiar spreadsheet interface
  • Allows users to drill into variances, comment on shared scenarios, and submit forecasts or headcount plans, supporting collaborative planning and real-time analysis

Cube pros and cons

Pros

Cons 

Dimensions are easy to use and customize (source

Building models within Excel is challenging due to limited functionality (source)

Responsive customer support (source)

Unable to handle complex calculations and a large number of dimensions (source)

 

Data import is complex and takes longer time (source, source, source)

 

Cube best for

Cube is best suited for small to mid-sized companies that have outgrown spreadsheets but don’t need the complexity of enterprise-grade tools. It’s ideal for lean FP&A teams seeking quick deployment, Excel-native workflows.

9. Board International

 

Board International scenario planning software overview

Board International’s scenario planning software combines tech-powered planning and forecasting to model complex what-if scenarios. It supports driver-based planning across finance, supply chain, and sales, with real-time data integration and multidimensional analysis.

Board International key features 

  • Generate and compare multiple scenario-based forecasts in real-time
  • Modify data models during planning cycles by adding new business units or products to simulate scenarios.
  • Export scenario comparisons to Excel and Word-based reports

Board International pros and cons

Pros

Cons

Ability to handle multiple dimensions (source)

Setup is complex, and some features are hard to learn (source)

Cross-functional collaboration (source)

Limited third-party integrations (source)

Offers great flexibility and customizations (source, source)

The tool gets slow while working with large datasets and multiple categories (source, source

 

Board International best for

Board International is best suited for mid-sized to large enterprises, particularly those needing integrated, complex planning solutions to unify finance and operations for data-informed decision-making.

Use Cases: How Teams Use Scenario Planning Software

Scenario planning brings clarity to uncertainty across departments. It empowers every team to plan smarter, act faster, and stay aligned.

Here's how different teams use these scenario planning software in practice:

1. Finance and FP&A

FP&A teams use scenario planning to model financial outcomes under different market conditions. These could be revenue drops, cost inflation, or shifts in capital structure. Building best-case, base-case, and worst-case scenarios helps finance leaders stress-test budgets, manage liquidity, and back decisions with data.

2. Sales & revenue planning

Sales leaders use scenario planning software to forecast revenue based on pipeline changes, win rates, pricing strategies, or regional disruptions. For example, if a key product launch is delayed or a competitor enters the market, teams can instantly see how that affects revenue, margins, and quotas. This helps align go-to-market teams with realistic and agile plans.

3. Workforce planning

HR and operations teams use scenario planning to align headcount needs with business goals. For instance, if sales accelerates or a new region opens, what’s the staffing impact? Conversely, if demand softens, how can labor costs be optimized without risking service levels? Scenario planning helps teams proactively manage hiring, retention, and productivity.

4. Strategic growth modeling

Strategy teams rely on scenario planning tools to model the impact of major initiatives like M&A, new product lines, or geographic expansion. They can explore investment returns, funding needs, and operational requirements under multiple trajectories. This helps finance leaders make bold moves with confidence.

How to Choose the Right Scenario Planning Software

Selecting the ideal scenario planning software is pivotal for robust financial planning and analysis. Here are three key factors to consider:

1. Alignment with company complexity and tech stack

Choose a tool that matches your organization’s size and complexity. Small businesses benefit from user-friendly, lightweight solutions, while large enterprises need advanced platforms with sophisticated modeling capabilities. Also, ensure compatibility with your existing tech stack, such as ERP systems (e.g., SAP, Netsuite) or BI tools, to streamline data flows and minimize integration challenges.

2. Onboarding and customer support 

Good vendor support is important for successful implementation and ongoing use. Look for providers offering comprehensive onboarding, responsive customer service, and continuous training resources to help your team maximize adoption and gain long-term value.

3. Access to demos and trials and stakeholder buy-in

Opt for software that offers demos or trial periods to test functionality, usability, and performance in real-world scenarios. Involve key stakeholders across finance, operations, and leadership early in the evaluation process to align the tool with cross-functional needs and secure buy-in. Trial sessions are also a good way to evaluate the ease-of-use of a particular tool.

Get Ahead with Robust Scenario Planning Software

For FP&A leaders, the message is clear: scenario planning isn’t optional. It’s existential. Invest in scenario planning software that supports real-time modeling. Build a culture of agility, where assumptions are challenged, and cross-functional collaboration drives smarter decisions.

Book your free personalized demo to see Limelight’s scenario modeling capabilities in action. The future is uncertain, but it’s not unknowable. Scenario planning is your compass. Use powerful tools to chart the uncharted, and turn uncertainty into a competitive edge.

FAQ's

1. What is scenario planning in finance?

Scenario planning is the process of modeling different financial outcomes based on variables like revenue, costs, or market changes. It helps businesses prepare for best-case, worst-case, and most-likely situations.

2. Why do finance teams need scenario planning software?

Manual scenario planning is time-consuming and error-prone. Scenario planning software allows teams to model outcomes quickly, adjust assumptions in real-time, and make data-driven decisions with more confidence.

3. How does scenario planning help with uncertainty?

By simulating multiple possible futures, finance leaders can understand risks, test decisions before acting, and stay agile when conditions change — whether it's market shifts, pricing changes, or operational disruptions.

4. What features should I look for in scenario planning software?

Key features include:

  • Easy model building and versioning

  • Integration with existing financial data

  • Real-time collaboration

Built-in reporting and dashboards
Tools like Limelight offer all these, helping finance teams plan faster and smarter.

5. Who benefits from scenario planning software?

CFOs, FP&A teams, and business leaders across departments. It’s especially valuable in high-growth, high-volatility industries where quick pivots and forward-looking insights are crucial.