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.
By Ronald Huamán Hilario, Co-Founder and Director at Start Skills
To shine in the digital era and to be truly successful, financial planning and analysis (FP&A) and accounting professionals need to work on their human skills, like creativity and resilience.
There are purpose-built software tools for nearly any need you may have, but there are a few questions you’ll want to ask yourself before you start using any of these tools.
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.
Knowing your numbers is a good starting point for an FP&A professional. But it is also required to know how to present the findings to others.
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.