In this short video, the Head of FP&A and M&A at Lonza, Patric Somlo, shares how his organisation transformed its planning process by using Predictive Analytics.

In this uncertain environment, FP&A professionals need to reconsider their approaches to forecasting and revenue management. It is very important to incorporate Machine Learning into these finance processes.

Today, finance leaders must quickly synthesise information from across the enterprise including revenue drivers, supply chain issues, and workforce impacts. 

FP&A teams all over the world are undergoing a major transformation via the Integrated FP&A model. Data is the fundamental building block for this transformation.

For FP&A in today’s business climate, agile planning is basically the speed and flexibility with which organisations can make adjustments to what it wants to achieve.

Microsoft’s mission is to empower all people and organisations to achieve more. But the company has also been striving to achieve more itself, and xP&A has been instrumental in this pursuit.