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FP&A’s Scope: What Is In And What Is Out?

Fpanda Club

FP&A is an evolving function that falls into the intersection of finance, operations and strategy aimed at driving better decision-making trough insightful analysis, forecasting and goal setting. In this blog post I wont focus on the activities that fall into FP&As scope by default, such as budgeting, forecasting and regular analysis.

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Members’ Spotlight: Charles Westermeyer

CFO Talks

The challenge of analyzing data, identifying trends, and making informed decisions based on complex factors inspired me to learn more. Start with deepening your understanding of financial planning and analysis, budgeting, and forecasting to support data-driven decisions. ” – Sir John A.

CFO 52
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People, Processes & Technologies: Defining the Tools for Best-in-Class FP&A

Centage

Modern FP&A professionals are charged with providing strategic, data-driven advice that helps leadership make sound decisions in the near and long-term future. See how you can transform your planning, budgeting, forecasting, and reporting with Planning Maestro. The past 18 months have been difficult for finance teams.

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What Is Business Intelligence and How Does It Link to EPM?

Jedox Finance

It also needs to be based on insights from data. Effective decision-making must be based on data analysis, decisions (planning) and the execution and evaluation of the decisions and its impact (forecasting). Analyze: Using information and knowledge from the data the organization collected over time.

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How forecast error analysis improves your FP&A process

Centage

Forecasting errors are an inevitable part of the budgeting process. Quickly identifying forecast errors in your budget is not a sign of failure, but an opportunity for improvement. Forecast error: Definition and Types In the simplest terms, forecast errors are the difference between predicted values and actual outcomes.

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The Importance of Agility in FP&A To Manage Uncertainty

Jedox Finance

A modern enterprise performance management solution helps decision makers to prepare and analyze data and share insights. Achieving greater agility and efficiency supports continuous planning, budgeting and forecasting. What-if scenario analyses and simulations can also help to prepare for multiple eventualities.

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Reval’s Treasury Tools Find A Buyer

PYMNTS

“We will also be able to leverage Reval’s strong sales, marketing and customer success teams across the product portfolio under Jiro’s leadership.” ” Technology, the executive explained, is critical for aggregating and analyzing data for risk mitigation and forecasting.