There is no doubt that 2020 has been one of the most disruptive years for all of us in many aspects of our professional and personal lives. In this article, I would like to discuss the new challenges in FP&A and how we need to face the new circumstances in the short and long term.
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.