Financial Planning and Analysis (FP&A) software helps finance teams to plan business operations, generate budgets, and forecast growth in a single, easy-to-use software platform. Finance teams use these tools to automate those time intensive and manual process involved in business forecasting, and easily create accurate budgets and forecasts for better business outcomes.
Most FP&A solutions offer automated analysis of your financial data and operations. They help to reduce manual data input and reconciliations to improve accuracy and reduce management overheads. They can also help finance teams to more easily collaborate and share financial forecasts across the organization. Key features to look for include budgeting and forecasting, financial modelling, revenue planning, and expensing, delivered in a single admin dashboard.
CFOs and finance teams need to ensure they have invested in a FP&A solution that can meet the specific needs of their organization. Our analyst team has put together a list of our top picks for FP&A software, based on our own independent market research. We will consider their unique selling points, pricing models, and track record in assisting businesses to manage and leverage their financial data.