Integrated Business Planning is a practice that links financial planning, operations and sales to create an automated and dynamic system for long-term business strategy. By understanding the interconnections between different areas of the business, this type of planning can help to improve decision making and increase efficiency. In practice, it encompasses a range of activities such as forecasting, scenario planning, resource management and portfolio optimization. Integrated Business Planning helps organizations to stay agile and responsive in the face of market uncertainties and changes by offering the kind of visibility that traditional processes lack.