Maintain Your Edge with Budgeting & Forecasting Solutions
Financial planning, budgeting and forecasting are key to outmaneuvering disruption. A Paro FP&A consultant turns data into insights with finance forecasts to help you understand the factors impacting business performance now and in the future.
Upgrade your budgeting and forecasting with a quick consultation. Book today.
Maintain Your Edge with Budgeting & Forecasting Solutions
Financial planning, budgeting and forecasting are key to outmaneuvering disruption. A Paro FP&A consultant turns data into insights with finance forecasts to help you understand the factors impacting business performance now and in the future.
Upgrade your budgeting and forecasting with a quick consultation. Book today.
What You’ll Learn
- The fundamentals of financial planning and analysis (FP&A)
- How financial, strategic and operational planning relate
- How to optimize your budget before putting it into action
- What forecasting looks like as you become more advanced
What You’ll Learn
- The fundamentals of financial planning and analysis (FP&A)
- How financial, strategic and operational planning relate
- How to optimize your budget before putting it into action
- What forecasting looks like as you become more advanced
FP&A Shines a Light on Performance to Unlock Agility
There are many internal and external elements that affect performance: processes, market
conditions and more. Financial planning, budgeting and forecasting bring these elements together
to analyze performance so you can plan accordingly. FP&A consulting can:
FP&A Shines a Light on Performance to Unlock Agility
There are many internal and external elements that affect performance: processes, market conditions and more. Financial planning, budgeting and forecasting bring these elements together to analyze and forecast performance so you can plan accordingly. FP&A consulting can:
- Bring data rigor to help match operational plans to business strategy.
- Help develop a budget, set granular targets and track performance against expectation.
- Distill external and departmental data into actionable insights and finance forecasts.
- Conduct modeling and scenario planning to create projections and pressure-test strategy.
- Introduce processes and tools to improve your financial reporting capability.
- Bring data rigor to help match operational plans to business strategy.
- Help develop a budget, set granular targets and track performance against expectation.
- Distill external and departmental data into actionable insights and finance forecasts.
- Conduct modeling and scenario planning to create projections and pressure-test strategy.
- Introduce processes and tools to improve your financial reporting capability.
“The tools let us analyze the P&L and business using many different data
points, including projects, customers, individual contributors and revenue per
employee. It gives us a lot of interesting KPIs to look at to help analyze
the business in a way that I’ve always wanted.”
– Steven Liebezeit, CEO
“The tools let us analyze the P&L and business using many different data points, including projects, customers, individual contributors and revenue per employee. It gives us a lot of interesting KPIs to look at to help analyze the business in a way that I’ve always wanted.”
– Steven Liebezeit, CEO
Steer Performance with Expert FP&A Consulting
Steer Performance with Expert FP&A Consulting
case studyStart Dynamic Operational Planning to Execute on Your Goals
Financial planning and analysis is the undercurrent of information for your strategic
and operational planning. It provides the key drivers, targets, milestones
and budgeted outline to execute your strategy.
Effective FP&A constantly generates learnings, enabling more dynamic operational planning that moves with your business. With our budgeting and forecasting solutions, your business will be able to:
- Break silos to integrate finance and operations.
- Bring ongoing visibility and tracking into operations.
- Make faster decisions or change course based on real-time insights.
Start Dynamic Operational Planning to Execute on Your Goals
Financial planning and analysis is the undercurrent of information for your strategic and operational planning. It provides the key drivers, targets, milestones
and budgeted outline to execute your strategy.
Effective FP&A constantly generates learnings, enabling more dynamic operational planning that moves with your business. With our budgeting and forecasting solutions, your business will be able to:
- Break silos to integrate finance and operations.
- Bring ongoing visibility and tracking into operations.
- Make faster decisions or change course based on real-time insights.
“Paro was a critical resource for Forager during our VC fundraise. By helping us leverage decades of industry experience to articulate the more intricate financial data we needed, we were able to improve our pitch deck and complete our diligence.”
– Matt S., CEO and Co-founder
Tell us about your goals.
Book a Consultation
“Paro was a critical resource for Forager during our VC fundraise. By helping us leverage decades of industry experience to articulate the more intricate financial data we needed, we were able to improve our pitch deck and complete our diligence.”
– Matt S., CEO and Co-founder
Tell us about your goals.
Book a Consultation
Optimize Your Budget Plan Before
Execution—And After
Bad budgets happen. When they do, they burn value. Without realistic and sustainable goals, a budget can’t stay relevant. Our experts help companies build the right templates and identify the right targets to create flexible budgets at the appropriate granular level, so you can plan with agility.
The art of budgeting starts with a smart budgeting process that combines insight and foresight. A Paro FP&A consultant will help:
- Select the right budgeting method for your business and industry, be it a top-down approach for ease or a zero-based budgeting approach for exactness.
- Track performance against projections through budget variance analysis to help you adjust assumptions or shift focus.
- Build the tools to gain real-time information for future financial planning and budgeting.
Optimize Your Budget Plan Before Execution —
And After
Bad budgets happen. When they do, they burn value. Without realistic and sustainable goals, a budget can’t stay relevant. Our experts help companies build the right templates and identify the right targets to create flexible budgets at the appropriate granular level, so you can plan with agility.
The art of budgeting starts with a smart budgeting process that combines insight and foresight. A Paro FP&A consultant will help:
- Select the right budgeting method for your business and industry, be it a top-down approach for ease or a zero-based budgeting approach for exactness.
- Track performance against projections through budget variance analysis to help you adjust assumptions or shift focus.
- Build the tools to gain real-time information for future financial planning and budgeting.
“I was a little shocked to see how out of sorts our finances were, and
am very grateful for the expert who cleaned things up so much
for us. Looking forward to using this as a solid foundation for our
business to build a forward-looking budget!”
– Dan L., COO
“I was a little shocked to see how out of sorts our finances were, and
am very grateful for the expert who cleaned things up so much
for us. Looking forward to using this as a solid foundation for our
business to build a forward-looking budget!”
– Dan L., COO
Financial Planning and Forecasting for Your Business Stage
Whether you’re in need of basic cash flow planning to determine if you can fund
your operations, or you’re in need of deeper financial analysis for a potential
transaction or market move, our experts can meet you at your specific data capabilities.
1. Runway
Start with simple cash flow forecasting to solve core challenges and clear the path forward.
2. Lift-off
Add scenario and sensitivity analysis to illustrate answers to investor questions and model the impacts of business decisions.
3. Cruising Altitude
Engage advanced forecasting techniques like AI forecasting to proactively maintain stability, predictability and progress.
Financial Planning and Forecasting for Your Business Stage
Whether you’re in need of basic cash flow planning to determine if you can fund
your operations, or you’re in need of deeper financial analysis for a potential
transaction or market move, our experts can meet you at your specific data capabilities.
1. Runway
Start with simple cash flow forecasting to solve core challenges and clear the path forward.
2. Lift-off
Add scenario and sensitivity analysis to illustrate answers to investor questions and model the impacts of business decisions.
3. Cruising Altitude
Engage advanced forecasting techniques like AI forecasting to proactively maintain stability, predictability and progress.
Outsource a Paro FP&A Consultant for Your Budgeting & Forecasting Needs
You can’t build financial planning, budgeting and forecasting capabilities overnight—but it’s faster and easier when you use fractional talent. When you bring on a Paro expert, you instantly gain:
- Up-to-date skills and expertise without paying a full-time salary.
- Knowledge of analytical tools and financial modeling packages proven to drive profitability.
- Access to the top 2% of finance and accounting experts, with verified experience spanning more than 55 industries.
Have you evaluated the health of your bookkeeping and accounting? The accuracy and accessibility of your financial data will determine the success of your budgeting and forecasting efforts.
Ensure your business has what it needs to build its FP&A capabilities with accounting and bookkeeping services.
Outsource a Paro FP&A Consultant for Your Budgeting & Forecasting Needs
You can’t build financial planning, budgeting and forecasting capabilities overnight—but it’s faster and easier when you use fractional talent. When you bring on a Paro expert, you instantly gain:
- Up-to-date skills and expertise without paying a full-time salary.
- Knowledge of analytical tools and financial modeling packages proven to drive profitability.
- Access to the top 2% of finance and accounting experts, with verified experience spanning more than 55 industries.
Have you evaluated the health of your bookkeeping and accounting? The accuracy and accessibility of your financial data will determine the success of your budgeting and forecasting efforts.
Ensure your business has what it needs to build its FP&A capabilities with accounting and bookkeeping services.
Budgeting & Forecasting FAQ
This varies depending on the size and capabilities of your business. In general, a financial analyst will use historical, competitor, departmental and other data to help establish assumptions to create a forecast and deeper financial model. From the forecast, finance teams then create a budget that aligns with expected performance and continuously monitor performance to determine if the original assumptions were correct. For the most realistic picture of how this process will look for your business, book a consultation.
Your sales are responsible for your company’s revenue, profits, and ultimately, its growth. By forecasting your future sales, you can understand what resources to allocate to hit sales targets and how to hit targets with the most cost-efficiency.
A finance forecast is an estimation of revenue over time based on a set of assumptions about the past, present and future. Example: “Assuming X event happens and Y condition continues as is, we estimate revenue to be Z.”
A budget is an outline of goals and expectations over a given period of time. Example: “We expect to spend X amount on R&D, with a goal to stay under Y amount.
You can use your forecasts to define your budget for a given period. Alternatively, you can forecast using the assumptions set forth in a given budget.
A budget forecast is not a budget, but rather a type of forecast that uses the budget for the next fiscal period to predict what will happen if that budget’s objectives are achieved.
A forecast describes what you expect to happen given things as they stand, while a projection describes the impacts of a specific or unexpected scenario. Forecasts are often used to build deeper, more detailed projections, but using both is crucial for a well-rounded understanding of your company’s future.
Successful financial analysts should have three core skills to deliver the insights you need in a way that makes sense to you:
- Data analysis: Can they make meaning from intricate sets of data and turn that into actionable steps?
- Software mastery: Do they know how to use and create value from common financial analysis and planning programs?
- Communication: Can they explain complex financial information simply and clearly to you and your stakeholders?
Budgeting & Forecasting FAQ
This varies depending on the size and capabilities of your business. In general, a financial analyst will use historical, competitor, departmental and other data to help establish assumptions to create a forecast and deeper financial model. From the forecast, finance teams then create a budget that aligns with expected performance and continuously monitor performance to determine if the original assumptions were correct. For the most realistic picture of how this process will look for your business, book a consultation.
Your sales are responsible for your company’s revenue, profits, and ultimately, its growth. By forecasting your future sales, you can understand what resources to allocate to hit sales targets and how to hit targets with the most cost-efficiency.
A finance forecast is an estimation of revenue over time based on a set of assumptions about the past, present and future. Example: “Assuming X event happens and Y condition continues as is, we estimate revenue to be Z.”
A budget is an outline of goals and expectations over a given period of time. Example: “We expect to spend X amount on R&D, with a goal to stay under Y amount.”
You can use your forecasts to define your budget for a given period. Alternatively, you can forecast using the assumptions set forth in a given budget.
A budget forecast is not a budget, but rather a type of forecast that uses the budget for the next fiscal period to predict what will happen if that budget’s objectives are achieved.
A forecast describes what you expect to happen given things as they stand, while a projection describes the impacts of a specific or unexpected scenario. Forecasts are often used to build deeper, more detailed projections, but using both is crucial for a well-rounded understanding of your company’s future.
Successful financial analysts should have three core skills to deliver the insights you need in a way that makes sense to you:
- Data analysis: Can they make meaning from intricate sets of data and turn that into actionable steps?
- Software mastery: Do they know how to use and create value from common financial analysis and planning programs?
- Communication: Can they explain complex financial information simply and clearly to you and your stakeholders?