This article provides a working model for businesses eager to transform a typical volume-intensive, cost-focused Shared Service Centre into a value-oriented COE. It also provides the reader with a detailed overview of the differences between these notions, a practical example of such a project and critical factors to consider before driving this transformation.
In this article, we discuss how using Strategy Maps with AI-enabled analytics becomes an excellent technique for visually elucidating strategic objectives with the corresponding KPIs, forming financial and operational metrics, and highlighting their interdependences with the help of an Analytics Scorecard™.
The long-standing narrative of Enterprise Performance Management (EPM/CPM) has been squarely focused on the effort to steer organisations away from spreadsheets by embracing Enterprise Performance Management suites (i.e. platforms).
In this video, Roberto di Matteo, Country CFO at Takeda, shares his view on the latest analytics trends.
In this video, Arslan Hafiz, FP&A Director International at AstraZeneca Rare Disease, shares his insights on achieving FP&A Analytics Maturity.
Arslan shares key tips to achieve the transformation from "What" to "Why" and "How" culture to move beyond descriptive and diagnostic analytics, along with several collaboration lessons to get the most out of data analysis results.
FP&A transformation can make the overall finance function more efficient whilst adding more value through analytical insights. The time for transformation is now!