Moving to Scenario Management is not without its challenges. How to overcome them? What steps should be taken to ensure the successful transition to Scenario Management?
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In this article, we will explore the indispensable role FP&A professionals play in modelling and simulating not only Profit and Loss (P&L) scenarios but also working capital and cash generation scenarios.
This paper evaluates the transition process, and the challenges organisations may encounter when embracing the Scenario Management ecosystem, with a particular focus on the practical steps involved.
In this article, we will explore why and how Scenario Planning can significantly benefit financial forecasting. We will also discuss its advantages and shortcomings.
This year, responses were gathered from 385 finance practitioners, covering companies of all sizes, from all regions, and industries.
The author considers several prerequisites to successful Scenario Planning and financial modelling in this article. She also explains how to avoid pitfalls in financial modelling.
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