Budgeting formalizes and quantifies management’s financial plans regarding all aspects of operations. The planning aspect of budgeting provides guidance and coordination on how to meet the budget with respect to resource allocation and available funding. The forecasting process is used to estimate financial statement projections that reflect management’s goals for the period. Budget expectations are then set by formalizing the financial statement projections. MORE.
AFP FP&A Benchmarking Survey Report: People Strategies and Development
The 2024 AFP® FP&A Benchmarking Survey Report, underwritten by Workday, focuses on understanding the state of FP&A, people strategies and development. Findings indicate that FP&A professionals are optimistic that advances in technology, automation and artificial intelligence will benefit their working lives.
Recent Articles
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Apr 21, 2025
All Aboard! Gaining Alignment Through the Strategic Investing Process
A prominent financial institution’s two-category approach to technology investments provided a framework for ensuring stable operations while allowing it to pursue targeted advancements. However, the company saw it had room to improve its strategic investment planning process in areas of alignment, planning, prioritization, resource allocation and execution.Learn More -
Feb 21, 2025
How to Decide Whether to Lease or Buy Capital Assets
Whether you’re expanding operations, upgrading technology or managing your real estate footprint, knowing when to lease and when to buy can significantly impact your company's financial flexibility and bottom line.Learn More -
Feb 19, 2025
How a Fintech Used Machine Learning-Based Forecasting and Business Partnering to Improve Cost Optimization
This case study reveals how a finance organization can become a key driver of strategic execution by leveraging machine learning (ML)-based forecasting and embedded business partners.Learn More
Featured Content
Quick Study Tools for Finance
These short videos walk you through how to Build a Rolling Forecast in Excel, Use Excel's Solver, Apply Power Query, Power Pivot and Pivot Tables to Your Analysis.
FP&A Case Study Library
The AFP FP&A Case Study series is designed to help you build up key FP&A capabilities and skills by sharing examples of how leading practitioners have tackled challenges in their work and the lessons learned.