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.
At the first Digital London FP&A Circle, the members discussed the latest FP&A team roles that are not typical for traditional management accounting.
As organisations continue to adapt to the world of "Unknown Unknowns", the FP&A role has become increasingly more important. FP&A teams are quickly adapting and developing their new "playbooks" to prepare for the future.
Today, the volume of data is so large and complex, and the environment is so quick that Traditional FP&A can hardly cope. This is where Intelligent FP&A comes in to enable the fast, flexible and dynamic reaction to constantly changing market conditions.
“Go to the cloud” has been a key building block in every global CIO’s digital strategy. However, as the CFO, do you find yourself getting into frequent arguments with them over the savings promised at the time of embarking on this journey?
This blog discusses the importance of improving your digital IQ, a term used by PWC for corporates but something that I believe should also be applied to individuals. Your digital IQ (your knowledge of technology and its impacts) is in effect a ‘gateway’ or an ‘enabler’ to the future role of any commercial finance/ FP&A individual.