On 3 December, we had an interesting debate on why extended planning and analysis (xP&A) is playing an increasingly important role in finance. Senior finance professionals from Deutsche Bahn, Jedox and Microsoft shared their views on the subject.
On October 22nd, 2020 the Global FP&A Trends group hosted another of its insightful webinars, putting in the spotlight the theme of Connected and Collaborative FP&A with its multiple facets – predictive planning, analytics supported by artificial intelligence and machine learning algorithms.
FP&A departments are able to track and manage financial plans. But can FP&A help manage the execution of a strategic plan? Is there value in integrating these two processes?
The first ever digital European FP&A Board meeting took place on September 24, 2020. Even though it was different than the face-to-face meetings, the interest and participation only seemed to have grown.
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.