The quality of a decision is a question about what data or lack of data the decisions are made on. So, let’s discuss what is a Data-Driven Decision and what is not, but also how do we make Fair Decisions.
Most FP&A professionals have excellent educational qualifications beyond their undergrad degrees. I have often been asked what the right education for FP&A is. This article tries to bring some clarity.
Financial models are crucial to the business but building them in Excel can be both complicated and frustrating. Setting up formulas and stipulating conditions takes time. And just when you think your model is water-tight, there is another error.
At this meeting, we reviewed the latest FP&A team roles that are not typical for traditional management accounting. Watch the recording to learn from senior professionals from Nielsen, Kruger Products, Solera, Robert Half and SAP.
How a finance function organises their teams will determine whether or not the teams can be successful. In recent years, an interesting phenomenon is emerging — companies are being more global, but at the same time centralising a lot of their functions.
As the appetite for detailed business insights is growing on data that is accumulating, we face the need for a stronger, true cooperation between FP&A and IT, to support faster, more accurate business decisions.
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