The Top 7 FP&A Trends for 2022

10/01/2022  Jedox

• Automation of financial processes will take center stage.
• Cross-departmental collaboration will increase in importance.
• Data unification, AI and Machine Learning and cloud adoption will take precedence for enterprise-wide digital transformation.
• Business performance will hinge on companies’ willingness to streamline financial planning and analysis through innovative, easy-to-use technology.

According to Gartner, 70% of new financial planning and analysis (FP&A) projects are slated to become extended planning and analysis (xP&A) projects by 2024. In other words, the Office of Finance will increase its collaboration with rest of the enterprise through new tools and more efficient processes that allow for better cross-departmental data management. Historically, financial planning & analysis has centered around tasks such as planning, budgeting, forecasting, and performance management. The challenges of the past two years have illustrated the importance of embracing what digital transformation offers as well as cross-functional planning and analysis for more efficient collaboration beyond the traditional role of Finance.

The world is still in recovery mode after a debilitating pandemic. But as we look to the future, there is reason for hope. With this forward-thinking mindset, we would like to present the top 7 FP&A trends for 2022. For more on these trends, go here.

Print this article

For more information, please contact:
Jedox
Bismarckallee 11
79098 Freiburg im Breisgau
Germany
Tel: +49 761 151 47 0
Email: info@jedox.com
Web:  www.jedox.com 

Visit company profile page

Share article:

Next Article

---

Exhibition stands from recycled energy chains!

Process and Control Today are not responsible for the content of submitted or externally produced articles and images. Click here to email us about any errors or omissions contained within this article.