12 Key FP&A Reports for Improved Business Visibility and Impact
Meet the Experts
Key Takeaways
⇨ FP&A teams are increasingly looking to leverage data and analytics to in reports and dashboards derive insights and make decisions.
⇨ The FP&A process is a continuous cycle of data collection, analysis, and decision making.
⇨ There are 12 standard or commonly used performance reports in the measurement continuum the FP&A team can leverage to measure and improve business performance.
Financial planning and analysis (FP&A) is a vital component of any organization’s overall economic well-being and success. FP&A is, at its core, a cycle of collecting data, analyzing that information, and making decisions based off of that analysis. Because of this, FP&A teams must be able to provide specific and actionable business insights to empower their organizations to increase revenue, reduce costs, and mitigate business risks.
In this article, SAPinsider expert Dr. Prashanth H Southekal will highlight the key reports organizations should utilize in their FP&A practices. There are 12 standard or commonly used performance reports in the measurement continuum the FP&A team can leverage to measure and improve business performance. You will learn about each of these, find helpful examples of how to put them into place, and the best point to use each report type.
