Research for this paper focused on delving deeper into the most mature level – Level 5, Leading State. The purpose was to provide a road map for FP&A Intelligent Transformation that guides departments in how best they can serve their organisations.

Learn from Jim Boswell, VP of Finance at FullSpeed Automotive about the best practices in building Driver-Based Financial models.

Understanding new KPIs and drivers, their impact and how we can influence them has been a key priority for leading organisations. This, however, requires good understanding and implementation of Driver Based Planning, coupled with key business strategies.

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.

So, the article described the methodology of creating a driver-based model on the example of an aviation company. It focused on the key steps and explained the different areas that need to be considered in order to successfully implement an automated, integrated driver-based model.
 

Driver-based planning is a key topic for any FP&A team today. But what is not always clear is just how driver-based planning is connected to requirements from stakeholders.