article thumbnail

How to Create a Flexible, Agile FP&A Function

Centage

Just as content is king in the world of marketing, when it comes to financial decision-making, data is everything. If you want to outsell the competition, then upgrading your financial planning and analysis (FP&A) efforts is of the utmost importance.

article thumbnail

How forecast error analysis improves your FP&A process

Centage

The goal is not perfection, but a continuous improvement that aligns your financial planning with the always-changing realities of your business environment. Such errors are an inherent aspect of any FP&A forecasting process: your actuals will almost never precisely match your projections. More on this below.)

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

3 FP&A Trends Shaping Our Digital Economy

Planful

By staying on top of current FP&A trends. In 2021, that means examining how agility, cloud technology, and microplanning are redefining FP&A. Agile financial planning can help during times like these. Many finance leaders understand the importance of agile planning. JPMorgan Chase lost $3.1

article thumbnail

Efficiency First: Tech Trends for Finance Teams in 2023

The Finance Weekly

The humble spreadsheet remains an essential, if not critical, component of many financial operations. Although CFOs are optimistic about organizational growth in 2023, they see “cost control as their most urgent imperative” in the face of economic uncertainty, according to the , Grant Thorton 2022 Q3 CFO Survey.

article thumbnail

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.