In this article, we will stay with the price and look at another example how it could be successfully controlled. Price management is a very sensitive and complicated topic touching multiple business aspects including ethics.
This article explores how financial services businesses can guide investments in Financial Planning and Analysis (FP&A) design. It also provides recommendations on how to do so wisely and thoughtfully, and not rush through projects, which may necessitate re-investment later and consume valuable resources at a critical time.
Price is a strong lever of the company performance, which is often underestimated. Having mastered price management skills, the company gets a strong boost not only on top but also and mainly on the bottom line.
Building a good FP&A team is essential to the success of the finance function and even for the whole organisation. In today’s business world, FP&A teams need to build a strong foundation before they can take advantage of the new technology trends.
This article is about a basic understanding of main value creation concepts and how those impact the work of FP&A. We take a look at value creation from a financial lens – the DuPont analysis framework for calculating return on investment (ROI).