Do you really need the Financial Planning & Analytics Rolls Royce?

I have seen a lot of change in the Financial Planning & Analytics (FP&A) space over the last 20 year but one thing was constant: it’s not cheap.

I just came back from a conference where I got first hand proof when asking about the required investment for specialized FP&A software. The answers I got from some of the now listed vendors (or backed by heavy VC investments – investors that likely want to see quick returns…) were in the range of $80k+ for software and then typically twice that