When an organisation decides to invest in an FP&A software, there are three things to look for which will help ensure that the software selected will benefit the organisation as a whole, not just the FP&A function.

Gartner forecasted that by 2024, 70% of new financial planning and analysis projects (FP&A) will become extended planning and analysis (xP&A) projects, expanding their scope beyond the finance domain into other areas of enterprise planning and analysis.

This article details the main benefits and drawbacks of predictive planning. It provides recommendations on where to start your journey and how to avoid the most common mistakes.

In the current changing environment, Zero-Based Budgeting (ZBB) transforms into a wider framework of Zero-Based FP&A. This is a concept in which ZBB principles are applied to not only expenses but also to other areas of the FP&A process.

Scenario Planning is one of the approaches that allow FP&A to make decisions quickly based on real data. It is the key to evaluating what is possible.

There is a lot of hype these days about the concept of FP&A Business Partnering. However, only 25% of FP&A’s time is spent on value-adding activities such as decisions support and business partnering (as per FP&A Trends Survey 2020).