Expanding Budgeting, Planning & Forecasting with Predictive Analytics

For many FP&A teams, there’s nothing more exciting than jumping into the trenches with business partners.  Why?  Well, like our friends in Sales, Marketing and Operations, FP&A folks love the action too.  Some enjoy helping drive strategic initiatives like new product innovations, acquisitions and evaluating capital investment decisions.  Other FP&A folks like the budgeting, planning & forecasting processes that transform “big picture” goals into tactical plans. 

What’s the common thread?  In short, most FP&A teams want nothing more than to help to deliver value to their organizations.  And to help them get there, many FP&A teams would jump at the chance to leverage predictive analytics to help their business partners improve decision-making. 

Re-posted with permission from Source