Paul Barnhurst on why FP&A teams get stuck choosing tools. Scale matters: multinationals need modeling and consolidation support, not Excel. Narrow your list by what you actually require, not what exists.
The biggest thing people have said that holds them back is knowing where to find the tool. They feel overwhelmed by the FPA market. The other three have varied every time. I know people are a little bit overwhelmed of how many options are out there doing some trusted research to narrow down the list in a realistic manner. Like James mentioned, I'm sure if you're dealing with a large global multinational company, you're not going to put them on a basic Excel based tool. But they may not always know that. Hey, I can eliminate those right off the top because I need to be in this large space where it has the modeling and the close consolidation and can meet my needs at stale.
Trust and Leadership Lessons for FP&A From 100+ Top Leaders with CFO Jon Laudie
