Summary
This document is a guide for evaluating FP&A software and vendors using a structured scoring framework. It outlines specific evaluation criteria across various areas such as strategic fit, business fit, finance ownership, modeling flexibility, reporting, integration, governance and security, automation, implementation, scalability, and total cost of ownership. Each area includes a description of what to assess, allowing users to score platforms on a scale from 1 to 5, where 1 indicates that the platform does not meet requirements and 5 signifies an excellent fit. The scoring process aims to create an objective comparison among different software options by assessing how well each platform meets the specified requirements and identifying areas where compromises may exist. This structured approach assists organizations in determining which FP&A software solution aligns best with their operational needs and strategic goals.
