On 17 November 2020, FP&A Trends Group gathered senior FP&A professionals from Electrolux, Jedox, Michael Page, Business Partnering Institute, and FP&A Trends Group who shared their insights on the five facets of the “New Normal” FP&A.

To manage business complexity, we need to focus on improving our processes. In this video, Saurabh Jain, explains how analytical journeys at different organisations usually look like.

FP&A takes an exciting path of transformation to meet the demands of modern business. Driver-based and predictive analytics are fundamental approaches for FP&A to adopt in order to move to the Leading Analytical Stage. 

Many organisations over the last few years have been drumming on the need to become more data-driven and more “digital”. This short article looks at what potential implications that has for the Finance and Business Finance / FP&A function in particular.

How can FP&A enable a quick, integrated and multidimensional scenario planning process? What are the building blocks for an effective FP&A team? Where does the journey towards leading analytical stage begin?

The First Digital European (Germany and Benelux) FP&A Board discussed FP&A Digital Transformation: Moving from Traditional to Leading Stage. The speakers talked about FP&A transformation, driver-based planning, predictive and prescriptive analytics and the use of modern technology. During this digital event, we also discussed what skills are now required from FP&A professionals in the digital era.