The role of the FP&A team is meant to be strategic, forward-looking, and influential. However, the team is often relegated to manually generating and iterating on reports for individual business units, which takes up too much of their time.
In this paper, we will discuss how companies can transition FP&A from a reactive role to a more proactive business partner through 4 best practices for financial reporting.
- Leverage a “Single Source of Truth”
- Group Audiences by Roles or by Report Types
- Automate Standard Reports
- Allow Business User to Self-Serve Data and Reports
Download the white paper to learn the best practices to allow FP&A teams to focus on higher-impact work to optimize future results.