High uncertainty was the other name for 2020, and FP&A's have been going through massive challenges and transformations to adjust to the New Normal. What are the top 10 Financial Planning and Analysis trends to watch in 2021 and beyond?
The Digital North American FP&A Board identified the top 10 trends shaping FP&A in 2021 and beyond. The discussion was led by an experienced panel of senior FP&A professionals from across multiple industries. This article summarizes all featured presentations.
On November 18, 2020, the International FP&A Board welcomed two FP&A thought leaders - Mike Huthwaite from the USA and Michel Haesendonckx from Belgium - to discuss the important subject of Empowering FP&A to bridge the Strategy Gap.
Scenario planning came to the forefront and even these had to be quick, flexible, and adaptable. Our six panel members took us through how they had to adapt and change system and processes for the “New Normal”.
2020 has been a turbulent year and few departments have felt this as much as FP&A. We have been looked to as saviours of the company, guardians of cash, and stewards of planning, re-planning, and some more planning. It should also give cause to reflections on how we can improve and be ready for what comes next.
On 17 November 2020, FP&A Trends Group gathered senior FP&A professionals from Electrolux, Jedox, Michael Page, Business Partnering Institute, and FP&A Trends Group who shared their insights on the five facets of the “New Normal” FP&A.