Financial planning and analysis (FP&A) solutions support the office of finance’s budgeting, planning and forecasting efforts. Many FP&A solutions also supplement the office’s budgeting and planning process support. They do so via modeling, collaboration, analytics, and performance reporting capabilities, all of which enhance finance’s ability to manage performance by linking corporate strategy and execution.

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The FP&A market has shifted from mature on-premises offerings to cloud solutions. Finance application leaders are seeking SaaS solutions to reduce application support costs, increase application flexibility, and shorten time to value. New solutions built or architected as cloud services are typically easier to use and maintain than the previous generation of on-premises offerings.