This video discusses using Epicor’s Financial Planning & Analysis (FP&A) tool to proactively monitor key indicators and adjust financial plans. It highlights the ability to see how current spending compares to the budget, prompting investigation into discrepancies, and also emphasizes incorporating external factors like commodity price projections (specifically for freight and fuel) to understand their potential impact on revenue or cost of goods sold.
This helps businesses stay agile by forecasting and responding to changing market conditions.
