What is FP&A Today?

In this video, we explore the meaning and significance of financial planning and analysis (FP&A) in the modern business landscape. FP&A is a set of connected processes aimed at maximizing profitability. It encompasses planning, forecasting, scenario modeling, budgeting, performance reporting, and more.

As the business world evolves, so does the practice of FP&A. Intense competition, economic volatility, and the need for speed have reshaped the day-to-day operations. Market demand has become volatile, requiring accelerated planning cycles that align with the “whenever needed” approach instead of fixed schedules.

Today, CFOs and their teams seek real-time insights, something that spreadsheets or stand-alone systems can no longer provide. They now turn to sophisticated FP&A solutions that integrate financial data, operational data, and external data (such as market trends) into a single source of truth.

Powerful, integrated FP&A solutions from SAP help organizations to analyze information in real time, uncover in-depth insights, and make informed decisions to address today’s challenges while anticipating tomorrow’s needs.

Unlock the potential of financial planning and analysis (FP&A) today.

Learn more about FP&A solutions from SAP
https://sap.to/6057OFDmU

Read the article “What is FP&A?” for more in-depth info on FP&A
https://sap.to/6050OFDms

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