What is financial planning and analysis (FP&A)?

This episode of Techsplainers explores financial planning and analysis (FP&A), completing our week-long series on business planning after covering demand forecasting, integrated business planning, and business agility. We examine how FP&A teams collect and analyze financial data to inform business strategy and optimize decision-making. The podcast breaks down the four key components of FP&A: data collection and consolidation, planning and forecasting, budgeting, and performance monitoring and reporting. We also discuss the various tools and technologies that support FP&A functions, from traditional spreadsheets to cutting-edge AI and machine learning applications. Finally, we look at the future of FP&A, highlighting how the role is evolving to include more strategic partnerships across organizations and greater involvement in environmental, social, and governance (ESG) initiatives. Find out more about financial planning and analysis (FP&A) at https://www.ibm.com/think/topics/fpa-financial-planning-analysisFind more information at https://www.ibm.com/think/podcasts/techsplainersNarrated by Amanda Downie