FP&A Trends

Is your FP&A Team Busy with the Right Things?

By Daria Huszar, Founder at 25H DAY, Amsterdam

Less than a quarter of a Financial Analyst’s time is spent with high value-add analysis - this is a finding of a survey run by SAP*. Although the survey is 5 years old, it’s still relevant, the percentage may even have shrunk further as the amount of data to be analysed and reported on keeps increasing.

It’s not to discredit Financial Analysts – in fact, they are among the hardest working people I’ve ever met in my career so far, including being a Financial Analyst myself. It’s just that the odds are stacked against them.

FP&A Data Visualization: Don’t Skip ANY of These Questions!

Randall Bolten, longtime Silicon Valley CFO, author of "Painting with Numbers: Presenting Financials and Other Numbers So People Will Understand You” and adjunct professor at U.C. Berkeley Extension

Data visualization – or graphing, to use a more plebeian synonym – is one of the hottest buzzwords in FP&A today… right up there with “big data” and “predictive analytics”. It can certainly be an immensely powerful tool for helping your audience grasp your most important points. And it’s getting more powerful – in addition to good old Excel’s already-lengthy list of graphing capabilities, there’s an increasing number of excellent data visualization software products.

Swiss Post Case Study: How Beyond Budgeting Pushes Cultural Change towards Entrepreneurship

By Stefan Spiegel, CFO SBB Cargo AG, former Head Controlling of Retail Division of Swiss Post 2017

In the period from 2001 to 2006, the Retail division of Swiss Post transformed itself from a public service company into a business-driven sales organization. Crucial drivers of change were, on the one hand, the adaptation of the steering systems up to the final implementation of a "Beyond Budgeting" philosophy and, on the other hand, a humanistic attitude of management and finance department against all employees. The success was amazing: The division succeeded in increasing the sales of new retail products from 0 to over 400 million CHF, optimizing the bottom line by more than 100 million CHF or more than 5 percentage points and becoming the first state-owned company in Switzerland to win the EFQM- Award for Business Excellence.

Retaining and Building a Dream FP&A Team! #WeAreTheChampions

By Chris Ortega, MBA, Sr. Finance Manager at Emarsys, USA

So, you are a C-suite executive, Vice President, Director, Manager, Senior, or Staff financial professional and you just had a high potential and high-performance team member or members move on to greener pastures.  Or you aspire to be a high potential and high-performance employee and looking for success factors to take your game to the next level.  Well, look no further than this post.  

The goal of this post is to provide my top 5 success factors for retaining and building a FP&A dream team from the perspective of a high potential and high performer (Top Player) and millennial.  Before, I continue let's get this out from tip-off. 

Malaysia and Singapore on the right track to FP&A Transformation

By Larysa Melnychuk, Managing Director at FP&A Trends group

In July 2017, I facilitated 5 meetings of the International FP&A Board in Asia and Australia. It was an amazing journey to 3 countries, 5 cities, and two continents. I was on the road for one month and met so many passionate FP&A professionals in Kuala Lumpur, Singapore, Perth, Melbourne and Sydney. Every meeting was a great success. Every meeting was so different: full of interesting stories, debates, questions, answers, case studies, and discoveries. FP&A trends are global, but each country and city tackle the challenges and create opportunities in its own manner. The demand for the first hand FP&A knowledge and experience is very high globally. It is no wonder, as our profession is undergoing an amazing transformation and demand for the FP&A talent and thought leadership is very high. In summer, The International FP&A Board added three strong Australian chapters to its portfolio. On the 19th of September 2017  we will be celebrating our fourth birthday with pride: now International FP&A Board is a collection of professional passion and experiences from 11 countries, 14 cities and four continents. This article describes our two Asian meetings: in Kuala Lumpur and Singapore.