FP&A

“We don't do budgeting once in a while. We do budgeting every day. Every single day where we've got our numbers, that our plan is our plan, and where are we tracking versus the plan?”

“The FP&A people are really good at figuring out who's sandbagging, and who's exaggerated? By that, what I mean by that is you have some managers who just do their personalities or for whatever reason, or maybe they're playing games with their bonus. They want …”

“For every operators that owns a P&L, a profit and loss statement, they actually have an FP&A resource that is telling them what are the levers So where is, where are your metrics trending and what all the levers that you can pull to drive the outcomes? And are…”

“When we founded in the company in in in I honestly, I didn't even know what is FP&A. The solution or the concept or the technology that we developed. Well, nothing related to finance. It was related to business users that use Excel.”

“You are a CFO of a 200 employees company. You use Excel for 15 years to run your finance. You will never leave Excel. So all these web-based FP&A solution, FP&A web-based financial system, you will never Even think to move from Excel to the web.”

“Once we focus on the one use case or one vertical of the FP&A, that was the missing piece of creating a company and a revenue and customers and build the world data that we have today.”

“FP&A in general is in some ways a simulation of a business, and I think that's sort of not well understood, because most people think about finance as sort of bean counting, and that's like the accounting bit of finance, but the FP&A bit is strategic. It's abo…”

“And my perspective was at the time was that it felt like there were a lot of people selling products for, you know, forecasting for the sort of more like forward leaning FP&A functions, but there wasn't a whole lot that was really compelling in the accounting …”

“Even layer one has taken me with certain companies I work with quarters. And I walk in every time I have this kind of entrepreneurial blind spot going, this is going to be easy. Me, head of FP&A, CFO, we'll get this nailed in 30 days, 60 days. Every time I do …”

“The change management is hard. It may require staff upgrades, particularly key analytics roles like RevOps, FP&A. Sometimes those people are not that strategic. They're not that fast, right? That they're good at making a budget and they're good at getting comp…”

“I think you can stretch here, especially if you get somebody who has, like, an FP&A type background of financial planning and analysis background, or somebody who worked in private equity and was like an analyst or a VP and is looking for a change. Those peopl…”