5 Key Factors for Effective eXtended Planning & Analysis (xP&A)

Gartner¹ predicts that, by 2024, 70% of all new FP&A projects will have an extended scope beyond the Finance department. What are the implications of such an evolution? Here are just a few important considerations:

• The “lines” between operational planning and financial planning no longer exist.

• Finance teams are now serving as strategic business partners and help drive Merchandising plans, Sales and Marketing plans and Operations plans (see figure 2).

Finance must intelligently align these granular operational plans with consolidated financial plans. And do it seamlessly at speed and at scale.