This quote sums up what we often hear when we ask CFO’s “what would be better if data clean up wasn’t so manual, gory with a still uncertain result?”
Essentially… higher, better use for our limited FP&A resources.
As another CFO noted, “when all is said and done, you visited every department and you dipped into 5, 6, 7 different data sets to tie the story together as an FP&A person.”
It’s also why, when people sometimes ask us if we’re trying to outsource FP&A, we answer that it’s pretty much the opposite. We see a big part of our platform’s job to be making it possible for FP&A folks to insource more of their highest value work - planning and analyzing.
But FP&A folks, you tell us, does less time on data collection and cleansing feel like giving up something you’d miss?