With self-service dashboards and AI-powered features, FP&A tools allow finance teams to streamline budgets, forecasts, and reporting, freeing up time for higher-value work that truly impacts business growth.
Contrast this with Excel spreadsheets. While it’s a useful tool for basic tasks, it wasn’t built for multi-user collaboration or frequent updates. The confusion caused by mismanaged siloed spreadsheets can lead to frustration and, worse, distrust in the numbers.