What is FP&A software?

FP&A software improves and accelerates the processes associated with FP&A and uplevel finance teams to more in-depth and practical financial planning and analysis. FP&A software helps teams manage the financial planning, budgeting, forecasting, scenario modeling, reporting, and analysis in a company…all in one platform.

Can I use FP&A software and keep my Excel models?

Some FP&A software, like Cube, work with your existing spreadsheets (either Excel or Google Sheets), while others don't have that functionality. Spreadsheet-native software is the best option to use your existing spreadsheet while getting more robust analyses.

What's the typical implementation timeline for FP&A software?

FP&A software implementation timelines vary greatly depending on the product. Spreadsheet-native software can be implemented in as little as two weeks with a short learning curve, while other solutions require teams to completely rip and replace their FP&A processes. In that case, implementation can take months and come with a steep learning curve, often requiring paid consultants to overcome.

What should I look for in FP&A software?

There are many things to consider when evaluating FP&A software. It's essential to consider lead time, learning curve, implementation timeline, price tag, integrations and security, documentation quality, support resources, and scalability.

Financial Planning and Analysis Software Evaluation

The Finance Fix

Need your finance & FP&A fix? Sign up for our bi-weekly newsletter from former serial CFO turned CEO of Cube, Christina Ross.

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Software Evaluation

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