Free Resources from Transaction Processing by Upgrading FP&A Capabilities



A growing number of businesses are learning to leverage Big Data to better understand customer needs, desires, and influences, but finance has been late to step up and join the effort. It is easy to imagine the potential for plan-execution failure when finance is not at the decision-making table explaining the economic impact of several options. However, nearly two-thirds of survey respondents said they are too buried in basic financial management duties to improve FP&A. This article explains recent survey results and gives insight into other advanced financial planning and analysis techniques.

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