FP&A and S&OP are the two most essential processes for every organization. In modern times both have developed successfully and have started to take part in managerial decision making processes. The advantage of FP&A is that it envisages the results of the decisions that the organizations undertake. It achieves this by scrutinizing both the past performances and present activities and hence it makes the data readily accessible wherever required. While S&OP being one of the integral components of supply chain management, reduces the inefficiencies of the supply chain. It helps the firms to alleviate risks. FP&A on the other hand, manages everything from budgets to predictions. Therefore, both are equally important to a business for running efficiently.

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