Why is so much time being spent on non-value add activities? How can we overcome this problem? What is the role of the modern FP&A Business Partner in Creating Value for the organisation? The Digital UK & Ireland FP&A Circle met on the 25th of May to explore how FP&A can “Create Value through better Business Partnering”.

Cash flow seems to be generally ignored by larger companies as the focus lies in growing and optimising profit and loss (P&L) in the general course of business.

The FP&A maturity journey requires the organisation to develop across all the facets: Leadership, Functional Skills, Business Partnership and Collaboration, Process, Data and Analytics, and Technology.

Statistics demonstrate the stark truth: that only 30% of change programs are successful, a proportion that has hardly changed since 1995. What can FP&A do to ensure we reverse this?

For the modern FP&A professional, Excel is an invaluable and versatile tool, but to provide best-in-class business partnering support, FP&A professionals must find ways to evolve Excel-based tools into more integrated solutions.

Is planning a routine annual exercise or a flexible and dynamic FP&A process that drives value and supports decision-making under uncertainty? How to achieve the latter?