The role of the CFO is changing: It’s moving away from compliance and optimization, towards a more strategic; customer facing disruptive role. How are FP&A teams delivering strategic value in today’s world?

In the current highly uncertain business environment, an xP&A business partner needs to be equipped with defined skills and competencies that bridge technical acumen, technology, and influence.

There are probably a lot of tips and learnings you have picked up as you went on your journey as a finance business partner, but you may still be up for some surprises from the list here.

To be successful business partners, FP&A professionals should capitalise on the latest technological advances. So how can we digitise FP&A Business Partnering effectively?

There are many factors that influence a significant promotion in finance - be it into a manager role or large P&L responsibility. These can be formal education and certification, past performance, experience, etc.

However, what I have seen in the past, is that many people despite checking all these boxes still couldn't get ahead in their careers

The power of Finance Business Partnering enables Finance to step outside of their traditional Performance Management roles (setting budgets and reviewing actuals) in order to contribute to real value creation initiatives.  

Simply put, spending more time working together is mutually beneficial for both Finance and the business.  
But what is the best way to structure that relationship?  Should Finance operate as an advisor, a consultant or perhaps even an investor?