How does Integrated Business Planning (IBP) sync with SAP CO in S/4HANA?

Integrated Business Planning is a cumbersome process for organizations as it typically involves a high volume of data across different departments that needs to utilize to provide planning data that is very reliable. IBP in SAP S/4HANA is a unified planning tool that has several areas that support different business areas (finance, operations, sales , marketing etc). It supports the CO module with features such as internal order planning, cost center planning and functional area planning.