Financial planning and analysis (FP&A)

Financial Planning and Analysis (FP&A) is the process businesses use to forecast future financial performance, manage budgets, and analyze financial data to support decision-making. It involves evaluating how much money a company might earn or spend, setting financial goals, and identifying strategies to improve profitability and efficiency. FP&A helps leadership understand the company’s financial health, anticipate challenges, and make informed choices to achieve long-term success. Essentially, it’s a strategic function that guides a company’s financial direction based on data, analysis, and careful planning.