Financial planning and analysis

Financial Planning and Analysis (FP&A) is the process by which organizations assess their financial health and make plans for the future. It involves analyzing past financial performance, forecasting future revenues and expenses, and creating budgets to guide spending. In the context of financial operations, FP&A helps companies allocate resources effectively, identify trends, and make informed decisions to improve profitability and manage risks. Essentially, it ensures that an organization has a clear financial roadmap and can adapt to changing circumstances while pursuing its strategic goals.