Following on from the success of the 21st London FP&A Board, we had the pleasure of attending the 8th London FP&A Circle which shares the latest professional trends and developments with the UK FP&A community, open exclusively by invitation to senior and mid-level finance practitioners.
The future is unpredictable, the current business environment is harsh, competition is fierce. In these times of change, modern FP&A is both exciting and challenging. It is exciting because it utilises better and more sophisticated tools than previously, can embrace automation and the incredible power of online collaboration. However, it is difficult because old finance management practices are still alive: they are inadequate for the modern world.
It’s the middle of the year and it’s time to take charge of your “data destiny” before the budgeting and planning season starts. What exactly is your data destiny? No, it’s not the new Netrunner card game where the objective is to control all the data in the Universe.
As promised in the previous article, let us go deeper into the relationship between FP&A and Data management (DM) and see how Data management enriches your FP&A role and successes.
We only need to look at the evolution of the mobile phone to understand why the role of the FP&A business partner has changed. In 2000, I began my career in FP&A as an analyst at Silicon Graphics, the same year that the iconic Nokia 6210 was launched. Back then the functionality of the mobile phone was limited to voice calls and simple text messages.
Rolling Forecasts are an essential tool for financial planning and analysis (FP&A), with a potential to radically transform corporates’ traditional budgeting process. The London FP&A Board of senior practitioners’ most recent meeting focused on why Rolling Forecasts are ideal for financial planning and analysis (FP&A) professionals.