Financial Planning & Analysis (FP&A) is increasing its scope and complexity in the current uncertain business environment. The Digital Nordic-Benelux FP&A Board brought together senior finance professionals across different industries to discuss how to move from Traditional Business Controlling to Extended Planning and Analysis (xP&A).

There is a lot of hype these days about the concept of FP&A Business Partnering. At FP&A Trends Group, we introduced the concept of xP&A Business Partner. Who is it and why is this role important?

Connected Planning is an effective way to unify data, people, and plans on a single platform. Implemented correctly, it can help accelerate better business performance in the modern dynamic market conditions.

As was famously proclaimed by Pericles, the powerful politician of ancient Greece: "The key is not to predict the future but to be prepared for it". Agile FP&A can help organisations to move through uncertainty and come up with a plan of action.

When an organisation decides to invest in an FP&A software, there are three things to look for which will help ensure that the software selected will benefit the organisation as a whole, not just the FP&A function.

Gartner forecasted that by 2024, 70% of new financial planning and analysis projects (FP&A) will become extended planning and analysis (xP&A) projects, expanding their scope beyond the finance domain into other areas of enterprise planning and analysis.