xP&A is extended planning and analysis, a term coined by Gartner to explain the technology that allows distributed inputs from the business units, algorithms and edge systems directly into the planning function. Information is dispersed, requiring a different set of skills to integrate the information. Here are five ways you can apply the structure of integrative intelligence to your xP&A process.
At a time when the FP&A framework is being extended to the entire organisation (into Extended Planning & Analysis (xP&A)), FP&A Business Partnering need to keep up with this new model to stay relevant and cutting edge. xP&A Business Partnering is now the latest trend that is going well beyond just Finance involving the entire organisation to move FP&A and planning to the next level.
Although FP&A professionals are good at analyzing past events, past performance does not predict the future. How can we make forecasts more influential?
An xP&A Business Partner needs to be equipped with defined skills and competencies that bridge technical acumen, technology, and influence. The latest technological advances have enhanced and transformed FP&A frameworks. xP&A Business Partnering is the latest trend that is going well beyond just Finance and involves the entire organisation.
Decisions make or break a business. Planning is the decision-making process that defines your future business performance.
Financial Planning & Analysis (FP&A) is increasing its scope and complexity in the current uncertain business environment. The Digital Nordic-Benelux FP&A Board brought together senior finance professionals across different industries to discuss how to move from Traditional Business Controlling to Extended Planning and Analysis (xP&A).