In this video, Luis Parra, Financial Executive - CFO (most recently with Scotiabank), speaks about what involves being a true Finance Business Partner and using external benchmarks and business drivers in the planning process.
In this series of blogs, the author will be providing a comprehensive approach to the design, construction, roll-out and maintenance of a modern analytic driver-based model. He also outlines several necessary requirements for building this model successfully.
Driver-Based Planning can help us mitigate the current uncertainty. In this article, Massimo Garau describes the key factors that define your business drivers and benefits associated with Driver-Based Planning.
Enhanced Driver-Based Planning and Forecasting within the organisation is an essential part of the roadmap toward modern Financial Planning and Analysis (FP&A).
Learn from Jim Boswell, VP of Finance at FullSpeed Automotive about the best practices in building Driver-Based Financial models.
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.