This FP&A Trends webinar covered the findings of our 6th annual FP&A Trends Survey, where we tried to discover the latest trends and challenges facing FP&A departments around the world.
“Telling the story” is one of the most important parts of the FP&A role, and data visualisation can help immensely. This makes the FP&A dashboard a very powerful tool, but 80% of dashboards are seldom or never used.
Providing decision support on product offerings in an online marketplaces environment requires digging deep on the granularity of the key business drivers to evaluate success. Using a method called “A/B testing” allows an FP&A leader to easily build a framework on key criteria to better understand the various behavioural impacts that consumers apply in different scenarios and to analyse their performance.
A key function of effective FP&A is to create a data-driven decision-making culture throughout the enterprise. Data management is, therefore, a crucial part of FP&A's agenda.
As technology keeps advancing, digitalising the FP&A function and integrating it across the organisation is not out of the reach for any company. The successful companies of tomorrow will thrive by implementing data-driven and digital planning processes.
There are three key building blocks for modern Financial Planning and Analysis: Digital, Data and Analytics. What are these building blocks, and why do they matter from the FP&A perspectives?
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