Although FP&A professionals are good at analyzing past events, past performance does not predict the future. How can we make forecasts more influential?
Decisions make or break a business. Planning is the decision-making process that defines your future business performance.
The new rules and uncertainties of business require leaders in FP&A to be far more adaptable and agile in their strategic Capital Planning process. When capital is not managed effectively, organisations can easily miss their growth opportunities and increase their risk exposure significantly.
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).
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.
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?