For companies, it is essential to manage and execute comprehensive financial planning and analysis in order to maintain financial success. This process is called corporate financial planning and analysis (FP&A). Corporate FP&A is utilized to establish and reach short- and long-term financial objectives for the company. Explore Financial Planning further with our blog posts below.
Committing to a new business practice such as implementing new software, like Workday Adaptive Planning, can be a daunting task. Time spent honing and implementing a new tool can often feel like time wasted at a surface level. Although this…
Ready to leverage healthcare financial and strategic planning methodologies but unsure where to begin? Have you been exploring ways to help your organization achieve its goals while simultaneously enhancing the patient experience? Want to learn more about the importance of…
The yearly business budgeting process is something every company goes through. Used to establish how much will be spent during the upcoming year, business budgeting and forecasting can help companies realize when their spending has become out of line. A…
When people say “customer attrition”, “customer churn,” “customer turnover,” “customer cancellation,” or “customer defection,” they mean the same thing every time: Customers who have already provided revenue to your business and could have provided more in the future but who…
When you think of finance teams in the context of a company, you might tend to imagine groups of people devoted to budgeting, forecasting, and providing guidance to senior leadership for overall monetary management. The finance team is ultimately responsible…
In recent years, corporate America has indeed seen its share of highs and lows, revealing the importance of using financial planning data to adapt to changing circumstances. The 2020 pandemic and 2021’s “Great Resignation” have shaken up the way companies…
Microsoft Excel has become a beloved tool by many, especially by those in finance, however the program that revolutionized accounting in 1980 has not kept up with the evolution of this industry. Today, most CFOs are urging their staff to…
What is Workday Adaptive Planning? In today’s ever-changing business environment, it has become difficult to successfully model, forecast, and analyze your business if you haven’t automated how data moves between your transactional systems and your planning systems. The old norm…
What is financial planning software? At the most basic level, a financial planning software program is any system that can conduct financial calculations across multiple accounts. However, with the rapid increase in advanced technology, it is reasonable to expect your…
What is Corporate Financial Planning and Analysis? For businesses, it is critical to manage and execute comprehensive budgeting and forecasting in order to maintain financial prosperity. This process is known as corporate financial planning and analysis, or FP&A. Corporate FP&A…
