FP&A software stands for financial planning and analysis software and is used by businesses to streamline their financial planning, budgeting, forecasting, and reporting processes.
The software collects data from various sources, analyzes it, and provides insights into a company’s financial performance, allowing decision-makers to make informed decisions based on accurate and up-to-date information.
FP&A software typically includes real-time collaboration, scenario planning, and data visualization to help organizations achieve their financial goals.