How FPA tools help Finance Professionals run the company?
Asked by Shiksha User
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1 Answer
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FP&A tool help finance professionals in:
- Givingbusiness executives prompt, accurate financial analysis and guidance.
- Estimating how prospective decisions might affect profitability and cash flow.
- Evaluating and keep an eye on the company's investments and overall financial situation.
- Creating and keep up-to-date comprehensive financial forecasts and models.
- Making flexible, comprehensive financial plans that take into consideration various scenarios.
- Working together across departments to create and compile budgets.
- Syncing corporate strategy with implementation, and monitor outcomes
- Determining and evaluate potential new sources of income
...more
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