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.
At this digital event, senior professionals from Citi, Motesque, Government of Ontario, SAP and Michael Page shared their insights and experience on how FP&A has been dealing with the new challenges.
Today’s finance department is a weaved together mix of shared service centres, centres of excellence, outsourcing arrangements and the retained business partnering functions such as FP&A.
What are the skills needed for a successful career in FP&A? The business environment is changing fast, and we need to keep up with this pace.
In FP&A there are plenty of tools, technologies and fancy options at your disposal. However, these eye-catching technologies won’t take your team to the next level without 3 key people processes that your team should be leveraging.