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FP&A: What is financial planning and analysis

Financial planning and analysis involves performing budgeting, forecasting, and analysis to support senior management with decision-making. And by 'senior management,' we're … See more

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URL: https://www.financealliance.io/what-is-financial-planning-and-analysis/

Chief Revenue Officer vs Chief Financial Officer (CRO vs CFO)

WEBThe Chief Financial Officer (CFO) and Chief Revenue Officer (CRO) work to keep the business financially stable and profitable. Though their titles sound similar, the …

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Top 15 must-have Chief Financial Officer skills

WEBEmotional intelligence is often broken down into four core skills, grouped under two main competencies - personal and social. On the personal side, you have self …

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Operational finance: A CFO's guide to leadership styles

WEBCons of operational finance leadership. 1. Missing the future-focused outlook. While operation finance leadership excels at learning from the past and honing in on the …

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3 vital things to know about financial performance analysis

WEBGeneral ledger. 3. Compare financial metrics historically, and against your industry, to help gain valuable insights into your company’s financial performance. 4. …

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Your ultimate guide to FP&A Finance Alliance

WEBStep 6: Continuously monitor and improve. Finally, you need to continuously monitor and improve the FP&A function. This means regularly reviewing its performance …

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5 essential financial KPIs every FP&A manager should track

WEBGross margin. Gross margin is a critical KPI that measures the profitability of an organization's core operations. By monitoring gross margin, FP&A managers can …

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Infographic: 10 financial performance metrics & calculations

WEBWith so many different metrics to track for your financial performance analysis, we thought we’d lend you a helping hand with this useful infographic featuring …

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16 of the best financial charts and graphs

WEB6. Area chart. An area chart displays quantitative data similarly to a line chart, but the area below the line is colored to represent volume or magnitude. Best for: …

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FP&A Manager: What does an FP&A Manager do

WEBThe FP&A Manager has a variety of responsibilities related to indirect cost and rate management and financial analysis and reporting. Their responsibilities may …

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Why leading CFOs prioritize employees’ mental health at work

WEBTo be a truly great CFO and leader, you need empathy and an understanding of mental health. In this article, I talk about the importance of addressing …

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How technology improves planning budgeting and forecasting

WEBBlockchain. Benefits: More relevant and accurate data supports better planning, budgeting, and forecasting. More frequent updates. More flexible tools for data …

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15 best FP&A tools and software Finance Alliance

WEBFloat is one of the best FP&A tools for startups, focusing on cash flow forecasting and management. Its user-friendly interface allows for easy tracking and …

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ESG metrics: How to drive sustainable business success

WEBESG metrics serve as key performance indicators to measure a company's operations in relation to environmental, social, and governance criteria. They shed light …

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The Variance Analysis Cycle: Steps, formulas & tips

WEBThe variance analysis cycle is a framework for understanding why your financial results might differ from what you originally planned. Here are the key steps to …

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13 effective tips to allocate budget across departments

WEB13 tips to allocate budget across multiple departments. Here are 13 tips for effectively allocating budget across multiple departments. 1. Involve department heads …

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FP&A vs accounting: Key differences every finance pro should know

WEBFinancial planning and analysis (FP&A) and accounting are two instrumental pillars of effective financial management. In a typical business, approximately 23% of …

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14 dos and don’ts for an accurate financial forecast

WEB2. Involve key stakeholders. Why: Many hands make light work, as the saying goes. Forecasting is a team sport, and including different departments ensures all …

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Financial month-end close checklist Finance Alliance

WEBHere's a breakdown of each step and why it's a crucial part of the month-end close process: 1. Create a closing schedule. During the month-end close, 56% say they …

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