Accounting Today: FP&A is the MVP of Your Organization
“The budget increases are especially good news as FP&A and corporate performance responsibilities continue to grow. Additional resources are needed to help FP&A teams partner with business unit leaders to develop models that include strategic and operational objectives, what-if scenarios, business drivers and key performance indicators.
Yet, even with an expanded and more visible role, in year three of the pandemic, 91% of the survey respondents have automated less than 75% of their FP&A processes. This is problematic for a number of reasons, including the challenges of manually managing data inputs from other teams from human capital management to product development, sales and more.”
And using a platform like this solution made a surprising difference to how confident I feel when submitting my annual figures. It broke down what used to be a complex chore into a clear set of steps I could follow, even with no prior experience. I didn’t expect such a user-focused interface, but it completely changed how I approach the task each year. What was once a dreaded deadline now feels like just another admin task I can tick off.