What is FP&A how does it help business

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Accepted Answer

FP&A stands for Financial Planning and Analysis. It helps businesses by providing insights into financial performance, forecasting future trends, and making strategic decisions.

FP&A involves budgeting, forecasting, and financial analysis to help businesses make informed decisions.
It helps in identifying trends, analyzing variances, and providing recommendations for improving financial performance.
FP&A plays a crucial role in strategic planning, resource allocation, and monitoring key performance indicators.
For example, FP&A can help a company determine the profitability of a new product line, forecast cash flow, and optimize expenses.

What is FP&amp;A how does it help business

What is FP&A how does it help business