This articles looks into the activities that took place during 10 months during one of my assignments and include several recommendations for anyone who is about to set up a brand-new FP&A department in a company in transition.
FP&A challenges around leveraging better technology have been well documented but relatively little has been written about the environment that FP&A works within. How that can help FP&A have more impact?
By Steve Benham, Co-Founder and Director at Profit& Ltd
Anyone working in the FP&A space knows intermittent disruptions such as the COVID-19 epidemic are the just tip of the iceberg because, at some level or another, every business day is a ‘VUCA’ day and if you invest in building FP&A processes that prove their worth every working day then you’ll be better able to weather a crisis.
In this video, we dive deeper into a case study featured by Alex Beired, Global Director of FP&A at Guardian Industries, where Alex covers several questions about driver-based planning and FP&A transformation.
FP&A is going to thrive and evolve if it continues to enhance the decision-making process in an uncertain business environment. This is why we need to see a huge shift in the FP&A skill set.
The sixth FP&A Board Connect was delivered from Kuala Lumpur. It was dedicated to the subject of "FP&A Analytical Transformation: AXA Group (India) Case Study".