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Home > ai-and-automation-in-mortgage > faqs > How can automation help with financial planning and analysis (FP&A)? - Capacity

How can automation help with financial planning and analysis (FP&A)?

by | Apr 29, 2021

Forecasting, budgeting, and management reporting are essential functions facilitating data-driven business decisions based on timely and accurate mortgage information. The FP&A department usually spends a large amount of time on sourcing, storing, and formatting data instead of on much-needed financial analysis and strategic planning.

Mortgage technology automates these manual data-related activities, enabling lenders to shift their focus to higher-cognitive work. FP&A processes are improved and so is the employee experience.