In this 7-minute presentation, Rodolphe Aubin argues that FP&A transformation should be seen as an opportunity to generate much more value for the business rather than a threat. What is the formula to successfully deploy intelligent FP&A?
Although there have been a large number of publications on the topic of strategy, only a small number of business leaders are confident that they can achieve 80% or more of their strategic goals. Why is this the case and how do we tackle this gap?
Companies nowadays are looking at using specialised FP&A solutions to help improve the accuracy and efficiency of the forecasting process. Depending on the maturity of the FP&A function, we can roughly divide companies into three levels of maturity in terms of their use of specialised FP&A solutions.
The modern FP&A takes an exciting path of transformation to meet the demands of modern business operating in a highly uncertain environment. Changes in the FP&A framework are mainly driven by an increasing amount of data, innovations in technology and analytical methods. What will it involve getting to the leading stage of FP&A Maturity?
It is commonly agreed that the traditional budgeting process is time-consuming and costly. It rarely focuses on strategy and adds little value. Although traditional budgets have evolved over the years, they can hardly meet the challenges of the modern economic and business environment.
On the 23rd of February, I had the pleasure of participating in a global webinar from Australia where the subject under discussion was Planning for Uncertainty: Building Blocks of Agile FP&A with speakers from the United States and Sweden.