Financial planning and analysis (FP&A) professionals are continually handling more and more data. As a result, financial analysts have to select the right information. They must also present it correctly to senior management.
This information is not worth much unless it is presented in a manner that makes sense to the nonfinancial audience. The information must tell a story rather than merely showing numbers. The data must help its consumers arrive at conclusions,make decisions, and take action.
One tool that every FP&A professional values is the financial dashboard – a quick one-page capture of crucial information and key performance indicators (KPIs). This guide discusses the financial dashboard and its relevance to business today.
What You’ll Learn:
- Why FP&A play a crucial role in a company’s profitability
- Why dashboards are so important
- Tips for building an effective financial dashboard