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Everything You Wanted to Know about FP&A Best Practices

Fpanda Club

Benchmarking is an extremely powerful tool, but unfortunately, this kind of data, accumulated by consulting firms and professional associations conducting surveys and research on various adjacent topics, is not easily available or is highly fragmented. CFO Innovation, Oct 12, 2016 5. APQC, AFP Next level of FP&A study, 2019 2.

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How to Reduce the Pain of Board Reporting

Planful

According to a recent benchmark survey by APQC, the bottom performers take 12 days or more to close the books and report their results to management. In terms of contributors, this can include staff from Accounting, FP&A, Legal, Tax, and Audit, as well as the CFO, reviewing results and creating and editing the textual commentary.