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The Rapid Growth of Third-Gen FP&A Tools: The FP&A Guy, Paul Barnhurst

The Role Forward: A Strategic Finance Podcast

CHAPTER

The Importance of a Good Data Repository

If you're not careful, what you end up with is an expensive data repository. You know, the difference between like a kind of generic dashboarding tool versuslike a true FP&A platform that gets to take care of that planning side. And so I think that's another way really valuable because the average fp and a person spends 40 to 50% of their time cleaning data data normalization. That's a huge problem. The more people are going to appreciate the tool, especially when it does a good job of bringing in multiple different sources.

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