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.
An Enterprise Risk Management (ERM) framework takes into account both risk management as well as internal controls. This article explores why a good understanding of Risk & Control is important for Business Finance / FP&A.
Strategic planning is mostly done with qualitative analysis. In this article, we will explore the use of quantitative tools, how to narrow down the number of variables to focus on and what tools can help with managing multiple scenarios.
FP&A departments are able to track and manage financial plans. But can FP&A help manage the execution of a strategic plan? Is there value in integrating these two processes?
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.
Organisations often struggle to find a balance between their long-term strategic objectives and short-term goals. Being a key player in an organization’s strategy setting and budgeting process, FP&A professionals also face this dilemma as a part of their roles.