This paper covers the findings of our sixth annual FP&A Trends Survey, where we share the trends and challenges facing FP&A departments around the world. The survey was performed at a time where organisations were looking to recover from the pandemic when many were trying to figure out how to operate in a changed business world.

Scenario management offers solutions to many of the disadvantages of traditional planning practices. It allows organisations to assess what lies beyond the ‘span of predictability’ and account for multiple possible futures.

As per Accenture research, 94% of Fortune 1000 companies are facing major supply chain disruptions caused by the COVID-19 crisis. That is why agile and dynamic Supply Chain Planning has become critical for many organisations around the globe.  

FP&A as a profession changed dramatically during the Covid-19 pandemic. The Chicago FP&A Board met in person to discuss how FP&A practice evolved and optimised based on the opportunities and challenges the pandemic created.

2020 and 2021 have been challenging years for everyone. Two years after the arrival of Covid -19, business and lives are still very much disrupted. 

So, what did we learn from the pandemic that we can now put in place so as to help with future black swans?

After an absence of almost two years, I was looking forward to joining the London FP&A Board meeting, where a group of senior finance professionals met in person, many experiencing their first face-to-face industry event since the initial lockdown in the UK back in March 2020.