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.

The first ever digital European FP&A Board meeting took place on September 24, 2020. Even though it was different than the face-to-face meetings, the interest and participation only seemed to have grown.

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.

The First Digital Swiss FP&A Board took place on September 8th, 2020. About 400 finance practitioners from over 30 countries registered for this online event where senior professional panelists provided their views on 5 facets of the “New Normal” FP&A.

The current COVID-19 disruption has led to a historical change requiring adaptability and increased visibility for CFO and the executive team. At the First Pan-Australian Digital FP&A Board, the panel of 7 high-profile speakers discussed how financial planning and analysis (FP&A) can adapt to the "New Normal".

In this article, I would like to summarise this insightful meeting filled with practical presentations, interactive polling questions and compelling discussions around the six facets of the “New Normal” FP&A.