How mature is your FP&A function?
Assess the maturity of your FP&A function across planning, budgeting, forecasting, analytics, management reporting, performance management and decision support.
The FPANDA CLUB FP&A Maturity Assessment is an Excel-based tool designed to help FP&A professionals and finance leaders understand the current state of their FP&A function and identify opportunities for improvement.
Why assess FP&A maturity?
FP&A teams are increasingly expected to move beyond data gathering, reporting and process administration and play a more active role in supporting business decisions and creating value.
But before deciding what needs to change — whether processes, systems, tools or team capabilities — FP&A maturity assessment helps to understand where your FP&A function stands today.
A maturity assessment provides a structured way to evaluate the current state of the function, identify strengths and gaps, and determine where further development could have the greatest impact.
What does the assessment cover?
The FPANDA CLUB maturity assessment evaluates six core areas of FP&A:
Strategic planning and budgeting
Forecasting
Analytics
Management reporting
Performance management
Decision support
Each area is assessed across three key dimensions:
Processes
How FP&A activities are structured, managed and performed.
Tools and systems
The systems, technology and analytical tools supporting the function.
People
The skills, capabilities and organization of the FP&A team.
The FP&A maturity model
The assessment uses five maturity levels, ranging from 1 – Lagging to 5 – Visionary.
The model helps you understand how your FP&A function currently operates and provides a framework for thinking about how it could evolve as business requirements and stakeholder expectations change.
Below we demonstrate the results of the FP&A maturity assessment using our tool. The example is based on hypothetical data.
What can you use the assessment for?
The assessment can help you:
Evaluate the current maturity of your FP&A function
Identify strengths and areas that need improvement
Understand differences in maturity across FP&A activities
Structure discussions with finance and business stakeholders
Identify potential priorities for FP&A transformation
Establish a starting point for a longer-term FP&A development roadmap
The assessment is designed as a practical starting point, rather than a definitive benchmark. The right level of maturity will depend on your company's size, complexity, business model and specific needs.
Get the FP&A Maturity Assessment
Download the Excel-based assessment and evaluate your FP&A function across the six core areas and three dimensions of the model.