FP&A analytical transformation has been dominating headlines for some time. In the last decade, finance, and FP&A in particular, embarked on a journey from descriptive to prescriptive analytics. True digital transformation integrates technology, data, and new processes across the entire corporation.
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 panellists provided their views on 5 facets of the “New Normal” FP&A.
There are purpose-built software tools for nearly any need you may have, but there are a few questions you’ll want to ask yourself before you start using any of these tools.
Today’s finance and accounting professionals face ever-growing challenges when it comes to data. The simplest analyses can be complicated by the wrong data or bad data and too much data can even be a problem. Effectively sourcing, managing, and using data are key skills.
As a finance professional implementing an FP&A / CPM / EPM platform, you might face several challenges including end-user resistance. If your end-users are not adopting the software, you’re not getting full value from your investment.
The first Pan-Australian FP&A Board was held digitally as a response to the pandemic outbreak. This digital meeting was devoted to 6 facets of the New Normal FP&A including Scenario Planning, Cash Flow Planning, FP&A Team Building, Technology, Driver Based & Predictive Planning and FP&A Skills and Roles.