This case study helps understand why a driver-based analysis approach is one of the winning methods for the effective decision-making process.

Recently, I have encountered a lot of discussions within the finance (FP&A) professionals community about business partnering. The challenge in such discussions is to move from theoretical reasoning into practical execution.  In this article, I would like to talk about one possible area where cooperation between FP&A and Data management professionals can deliver mutually beneficial results.

Scenario planning is an important technique for a flexible and dynamic FP&A that enhances the decision-making process. In this webinar, Rhodri de Lloyd, FP&A Manager at GoCompare​.com, talks about his company journey towards on-demand scenario planning and also shares some lessons learnt.

Mature driver-based planning models are an essential component of effective rolling forecast processes in complex, global organizations.  They provide the foundation for profitable growth by enabling strategy and cost structures to quickly self adjust to changing business objectives and market conditions.

Usually I am fairly rational and do not let my personal emotions interfere with how I interact with others. However, as the readers of my blogs and articles may have detected, my more recent writings increasingly reflect my frustrations with old school accountants.

The corporate planning process is a controversial subject on which opinions differ widely. But experience has shown that an effectively implemented planning process brings companies a clear added value in many respects. Enterprises are helped to achieve their set targets or to take corrective action if unforeseen changes occur in the background conditions.