Correct decisions are important because they contribute in moving forward, while wrong decisions cost money, careers and reputation of the decision maker.

At the recent FP&A Trends webinar on July 12th, we explored the latest trends and developments in FP&A based on the 2023 FP&A Trends Survey and the key findings from this comprehensive global survey.

Our research paper explores the combination of PA with xP&A and how organisations are using this combination to transform their planning and forecasting processes to create a more analytical and harmonised approach.

The findings from this research provide insights in explaining the Strategy-Execution Gap and, more importantly, how to close the gap using modern FP&A techniques, processes, and technology.

Businesses need to adopt and integrate the right technologies while also ensuring senior finance leaders are directing and evolving the Office of Finance to be an essential function of the enterprise. We can refer to this idea as FP&A Maturity.

Installing a planning tool early, regardless of the company's situation, is a good idea despite the investment required. Prioritising the proper criteria based on organisational needs using a checklist of standards will help compare all the different tools on the market to identify what suits the organisation best.