Financial Planning & Analysis (FP&A) is the practice of combining data and analysis to set goals and make sound business decisions. In essence, it’s all about using past performance, as well as historical and current trends, to anticipate what will happen in the future. FP&A is a critical tool for budgeting, forecasting, and strategic planning, which help businesses optimize financial resources, reduce risk exposure, and maximize profits. In other words, FP&A helps ensure that the right moves are made at the right time, where they’re most effective and impactful.