The modern FP&A takes an exciting path of transformation to meet the demands of modern business operating in a highly uncertain environment. Changes in the FP&A framework are mainly driven by an increasing amount of data, innovations in technology and analytical methods. What will it involve getting to the leading stage of FP&A Maturity?
On the 27th of January 2021, I had the pleasure of facilitating the second Digital Benelux FP&A board meeting. The subject under discussion was “The Art and Science of Digitised FP&A Business partnering”, delivered by a truly international board panel of 5 members based in Canada, the UK, the Netherlands and Germany.
To manage business complexity, we need to focus on improving our processes. In this video, Saurabh Jain, explains how analytical journeys at different organisations usually look like.
Most FP&A departments are on a journey to a place where they can cope with today’s ‘new normal’. From our experience, organisations that are in the Leading state of the FP&A Analytics Maturity Model exhibit several characteristics.
FP&A analytical transformation has been dominating headlines for some time. In the last decade, finance, and FP&A in particular, embarked on a journey from descriptive to prescriptive analytics. True digital transformation integrates technology, data, and new processes across the entire corporation.
The First Digital North America FP&A Board meeting took place on September 17, 2020 to discuss the digital transformation and how FP&A is moving from a traditional to a leading stage.