This article explores overcoming our own misconceptions of barriers to partnering, identifying the true cause in any specific situation, and establishing financial planning and analysis (FP&A) as indispensable partners to the business leaders we serve.
Building a good FP&A team is essential to the success of the finance function and even for the whole organisation. In today’s business world, FP&A teams need to build a strong foundation before they can take advantage of the new technology trends.
Working in FP&A during a crisis is extremely challenging but it is also an opportunity to mature processes, reach a stage where FP&A can conduct organizational changes and become a real Business Partner. This article highlights three main areas for FP&A improvement.
This articles looks into the activities that took place during 10 months during one of my assignments and include several recommendations for anyone who is about to set up a brand-new FP&A department in a company in transition.
True Business Partnering starts when the FP&A community fully owns the numbers, completely agrees with them, and publicly endorses them.
The second FP&A Trends E-Book is devoted to FP&A business partnering and contains articles from 10 practitioners and thought leaders.