Remove Benchmarking Remove Leverage Remove Numbers Remove Value-Added Analysis
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Everything You Wanted to Know about FP&A Best Practices

Fpanda Club

The finance function now plays a crucial role in many organizations supporting and driving effective business decisions, and this is exactly the responsibility of FP&A standing at the crossroads of finance, strategy and technology to leverage data and generate insights. Only 25% of FP&A teams ’ time is devoted to value-added analysis.

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Moving Financial Consolidation and Reporting to the Cloud – Webinar Recap

Planful

If the latter is the case, Planful recently held a webinar focused on how you can automate and accelerate the financial close, consolidation, and reporting process and free up more Finance time for value-added analysis. Consolidating financial results might sound easy on the surface, but it’s more than just adding up numbers.

GAAP 40
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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. Then when a last-minute change is made to a number or comment, it must be manually updated in multiple places. The best performers are able to get this done in 5 days or less.