What is FP&A Today?

In this video, we explore the meaning and significance of financial planning and analysis (FP&A) in the modern business landscape. FP&A is a set of connected processes aimed at maximizing profitability. It encompasses planning, forecasting, scenario modeling, budgeting, performance reporting, and more. As the business world evolves, so does the practice of FP&A. Intense competition, economic volatility, and the need for speed have reshaped the day-to-day operations. Market demand has become volatile, requiring accelerated planning cycles that align with the "whenever needed" approach instead of fixed schedules. Today, CFOs and their teams seek real-time insights, which spreadsheets or stand-alone systems can no longer provide. They turn to sophisticated FP&A solutions that integrate financial, operational, and external data (such as market trends) into a single source of truth. Powerful, integrated FP&A solutions from SAP help organizations to analyze information in real time, uncover in-depth insights, and make informed decisions to address today's challenges while anticipating tomorrow's needs. Unlock the potential of financial planning and analysis (FP&A) today. Learn more about FP&A solutions from SAP: https://sap.to/6056fzVlj Read the article “What is FP&A?” for more in-depth info on FP&A https://sap.to/6057fzVld