For example, an FP&A analyst could run “what-if” scenarios to prepare for unexpected shifts, like a surge in demand or a market downturn. FP&A teams use variance analysis when actual financial results differ from the projected or budgeted numbers. Variance analysis helps them discover potential causes of and appropriate responses to surpluses or shortfalls in areas such as revenue, expenses and customer loyalty. Create reliable, accurate, integrated plans and forecasts that drive better decisions – without having to spend ever-increasing amounts of time wrangling spreadsheets. FP&A Functions Both activities involve analysing data to build insights that will help the company move towards long-term financial success. However, each one is unique […]