This is the summary article in a series of eight articles about the Operational Budget (OB) and its associated Operational Income Statement (OIS). These articles have described the significant enhancements the OB and OIS provide to the traditional budget and related financial processes and techniques.
This article summarises the presentations and discussions during the recent Digital FP&A Circle on how artificial intelligence (AI) and machine learning (ML) has reduced the process burden, increased the speed to insights, and ultimately supported improved decision-making at Konica Minolta and Amazon.
In this video, we dive deeper into a case study featured by Alex Beired, Global Director of FP&A at Guardian Industries, where Alex covers several questions about driver-based planning and FP&A transformation.
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".
The modern Financial Planning and Analysis (FP&A) function has an important role to play in enhancing decisions through the power of predictive analytics and driver-based modelling.
Drivers are the catalysts to initiatives. But which ones are the most important? And how to deal with challenges that come with driver based planning?