FP&A people should develop a good understanding of competitiveness. It is not just about the general concept but the specifics of the company. Financial Planning and Analysis (FP&A) is not the only function concerned, so we should be at least on par with the others and, hopefully, become a vector to improve the common understanding.

 

In this article, the author outlines how customer returns can profoundly impact financial forecasting and reveals nine factors that influence these returns.

In this article, the author explains how FP&A teams can impact pricing strategies for companies to help them grow organisational profitability. He also exemplifies how to achieve maximum profit with the right pricing.

In this video, Bram Lybaert, FP&A Director Europe at Ecolab, shares his company's strategy for enhancing sales and profitability through effective Financial Planning & Analysis.

Bram features case studies on translating sales data into P&L impacts and adapting pricing in fluctuating energy markets. He also shares what he has learned when accelerating business growth.

Watch the video to learn more.

Implementing cost accounting efficiently and with limited resources requires a strategic and streamlined approach. In this article, the author outlines a step-by-step action plan to achieve it.

In the second part of our blog series on Demystifying Cost Accounting, the author focuses on the practical aspects of cost control in manufacturing.