Organisations are increasingly adopting data-driven approaches to decision-making. This is natural, given the amount of data we now have on hand. All-in-all, data-driven is now perceived as the right way to do business. If you're doing "data-driven decision making," you're doing it right. But are you really?
In this 7-minute presentation, Stefan Spiegel, CFO at Swiss Railway Freight Logistics (SBB Cargo AG), explains his company's journey towards merging finance and operations.
This article details the main benefits and drawbacks of predictive planning. It provides recommendations on where to start your journey and how to avoid the most common mistakes.
FP&A takes an exciting path of transformation to meet the demands of modern business. Driver-based and predictive analytics are fundamental approaches for FP&A to adopt in order to move to the Leading Analytical Stage.
The modern Financial Planning and Analysis (FP&A) function has an important role to play in enhancing decisions through the power of predictive analytics and driver-based modelling.
The fourth FP&A Board Connect was dedicated to the subject "How to Use Predictive Analytics and Machine Learning for Better Quality Forecast (Janssen Case Study)".