As an FP&A leader in your organisation be a gentle guide and rigid challenger. Question decisions made with you or just in your presence. Encourage reliance on financial data, not an exchange of opinions.
In times of uncertainty, we found out that traditional business planning does not work very quickly. Budget and forecast become irrelevant whereas multidimensional and integrated scenario planning is a must-have. This is where you see the importance of the concept of xP&A.
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.
Rolling Forecast is an essential tool for financial planning and analysis (FP&A), with the potential to radically transform corporates’ traditional budgeting process.
Gartner forecasted that by 2024, 70% of new FP&A projects will become extended planning and analysis (xP&A) projects, expanding their scope beyond the finance domain into other areas of enterprise planning and analysis. What will happen to our traditional Controlling function? How xP&A is enhancing Corporate Performance Management? How can you get ready for this transition?
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.