Valuable FP&A Requires the Right Tool
CFOs often worry about how much value their analytics are actually providing their company. AI and digitalization completely changed the way that finance leaders operate. Too many of them still rely on planning tools that aggregate budgets but provide little in terms of anything else, and many are still devoted to spreadsheets. These past-generation tools assist in one regard immensely: looking back and reflecting. However, these tools are no longer sufficient to completely base important business decisions on them. Finance needs to be able to act in the moment and not provide value after the fact, which is why a dynamic FP&A tool is necessary.