The role of FP&A is evolving with advancements in people, process, and planning technology.
The evolution is characterized by three phases:
Today, most companies exist in phase 1.0 or 2.0. They should prioritise the move to Phase 3.0 because the competitive benefits are critical.
The purpose of this paper is on planning technology, as Planful believes it drives the enablement of people and process, and amplifies finance’s ability to drive growth, innovation, and strategic partnering in the organisation.