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How to Create a Flexible, Agile FP&A Function

Centage

If you want to outsell the competition, then upgrading your financial planning and analysis (FP&A) efforts is of the utmost importance. Data Isn’t Enough Clearly, data is an essential tool for businesses looking to navigate everything from the continuing COVID-19 pandemic to evolving economic conditions and setbacks.

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How forecast error analysis improves your FP&A process

Centage

Forecasting errors are an inevitable part of the budgeting process. Understanding and addressing these errors is crucial for effective budget management. Quickly identifying forecast errors in your budget is not a sign of failure, but an opportunity for improvement. There’s no such thing as a flawless budget.

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3 FP&A Trends Shaping Our Digital Economy

Planful

Agile financial planning can help during times like these. Many finance leaders understand the importance of agile planning. And CFOs expect the “ability to rapidly model the implications of business decisions,” to be one of the biggest challenges to plan for in the future. Organizations Need Micro—Not Just Annual—Planning.

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The Importance of Agility in FP&A To Manage Uncertainty

Jedox Finance

While times of crisis do eventually pass, history shows that the measurable economic impact can linger. The importance of real time data. Proper planning is essential to achieve this, and regularly updated data is imperative in this process. Planning and performance management. Better agility increases resiliency.

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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. Finance teams need to answer specific questions, such as: What will the business look like given the economic climate? Data-Driven Planning Process.