Question 1

What audit-trail detail should an audit committee expect from FP&A software?

Accepted Answer

The review should connect the forecast version to its prior state, source import history, named approval actions, comments, and change summaries so the committee can follow what changed and why.

Question 2

How are forecast approvals recorded?

Accepted Answer

A reviewer can record an approval action against the forecast version under review, with the decision and surrounding comments kept beside the version rather than in a separate email thread.

Question 3

Can finance teams plan scenarios without overwriting the reviewed forecast?

Accepted Answer

Yes. Scenario branches stay connected to the forecast they came from, so finance can explore alternatives while preserving the baseline and its review context.

Question 4

How does the workflow help finance teams prepare guidance?

Accepted Answer

Once the forecast is reviewed, the team can carry it into a low / mid / high guidance range and a clear investor-facing statement without losing the evidence behind the decision.