- April 19, 2021
- Posted by: FLORES
- Categories: Accounting, Business Strategy
Now more than ever, there is a critical demand for businesses to glean insight into their operating numbers, with a special focus on KPIs. Most businesses are in recovery mode and trying to forecast post-pandemic recovery. The future of the economy is precarious, and it is crucial to be prepared for any scenario.
Luckily, FLORES is here to help you navigate this uncertainty. We have heard our clients’ needs for financial planning and analysis. We know you want to not only recover from pandemic business loss, but thrive going forward. We have added financial planning and analysis to our portfolio of services, and are excited to be able to help you.
Our FP&A (Financial Planning & Analysis) team is a vital resource for many of our customers, and it is a resource you should seriously consider for these benefits:
1. Planning
The FP&A team is crucial for helping owners navigate their financial activities through critical review, analysis, and evaluation. This process allows our team to map out a client’s financial future in alignment with their overall goals.
2. Forecasting
The FP&A team forecasts cash. Cash is the lifeline of a company, and having insight into cash forecasts and planning allows customers to produce quality plans and operate efficiently and with confidence.
3. Analysis
FP&A teams have the skill set to dig deep and analyze profit margins on certain product mixes, day parts, revenue streams or promotions. This critical analysis allows customers to know their actual results with details to support future planning.
4. Reporting
FP&A teams compile all the data to create valuable reports filled with insights and focused details. These reports help clients budget and plan for growth, margins, net profit and ROI.
The role of an FP&A team can be extremely beneficial for any business, and should not be overlooked in the value it will add to your company’s performance. If you want more information on how the FLORES FP&A team can help you, give us a call today at (619) 588-2411. We look forward to helping your business thrive!