Improving Budgeting and Cash Flows with Financial Planning and Analysis | Quantzig Offers Best Practice Insights for CFOs and FP&A Professionals in Its Recent Release

Quantzig, a leader in delivering scalable analytics and data science services, announced the completion of its recent article that offers comprehensive insights into the Best Practices in Financial Planning and Analysis and examines its role in improving cash flows through business planning and budgeting.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210122005113/en/

Learn why financial planning and analysis important for businesses to thrive in today's uncertain economic environment. (Photo: Business Wire)

Understanding your cash flows and budgeting is essential for achieving your financial goals. Contact us to schedule a free consultation with a financial planning analytics expert.

“Technology has made it possible for enterprises to go beyond manual spreadsheet-based methods and define the methods for extending analytical models for financial planning and analysis,” says an analytics expert at Quantzig.

Financial planning analytics is gaining prominence across markets as businesses enter a new world of change induced by economic uncertainties and market dynamism. To ensure effective budget planning, reporting, and forecasting amid uncertainties, businesses are now turning to financial planning analytics to drive business performance through data-driven decisions. Moreover, the classic financial planning and analysis models cannot support the dynamic needs of businesses today and must grow beyond the traditional functions by integrating analytical and BI insights. Financial planning analytics aims to maximize the potential of business models by providing the business acumen and insights to drive decision-making across the organization. Partnering with Quantzig can help you adopt a progressive approach to innovation, with continuous guidance and support from financial analytics experts. Request a FREE proposal to get started.

Key highlights-

• 2021 will witness major changes in FP&A activities across industries, making data a powerful tool for business planning and budgeting.

• By investing in financial analytics, budgeting teams across industries can navigate economic uncertainties, analyze possible outcomes, and actively manage change to ensure success.

It's never too late to focus on business planning and budgeting. Reach out to our experts for more information on how financial planning analytics can help your business.

Financial Planning and Analysis Best Practices

1. Analyze what-if scenarios to understand the impact of technology on FP&A processes
2. Focus on mitigating business risks and economic uncertainties
3. Outsource financial planning and analysis activities to improve operational savings

As companies seek to drive additional savings and reduce costs, outsourcing FP&A activities has become an imperative for businesses on the leading edge. By investing in best practice processes and financial analytics, business planning and budgeting teams across industries can navigate economic uncertainties, analyze possible outcomes, and actively manage change to ensure success.

Quantzig’s team of 550+ seasoned analytics experts and data science professionals have the expertise and skill it takes to design and build systems tailored to the particular needs of your business and equip you with data-driven, actionable insights for prudent decision-making. Request a FREE pilot project to learn more about our proprietary analytics platforms and core capabilities.

Follow us on LinkedIn and Twitter to keep abreast of the upcoming trends in financial planning analytics.

About Quantzig

Quantzig is the world's foremost full-service advanced analytics and business intelligence solution provider, turning clients' complex, unstructured data into intelligent, actionable insights that enable them to solve complex business problems and inspire innovation, change, and growth.

Over the past 16 years, our insights have helped over 120 clients spanning across industries and sectors like Pharmaceutical and Life Sciences, Retail and CPG, Food and Beverage, and more. We have successfully delivered 1500 in-depth solutions in areas like Marketing Analytics, Customer Analytics, Supply Chain Analytics, and more. For more information on our engagement policies and pricing plans, visit: https://www.quantzig.com/request-for-proposal.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210122005113/en/