What is the role of FP&A in a company?

Financial Planning and Analysis (FP&A) is a crucial function in a company as it is responsible for forecasting, budgeting, and analyzing financial performance to support strategic decision-making. FP&A professionals play a key role in providing insights into the company's financial health, identifying trends, and recommending corrective actions to achieve financial objectives. By collaborating with various departments, FP&A helps drive the company's profitability and growth by providing accurate and timely financial information for informed decision-making. Ultimately, FP&A serves as a strategic partner to senior management in achieving the company's financial goals and objectives.

This mind map was published on 19 September 2024 and has been viewed 3 times.