Most FP&A departments are on a journey to a place where they can cope with today’s ‘new normal’. From our experience, organisations that are in the Leading state of the FP&A Analytics Maturity Model exhibit several characteristics.
Today’s finance department is a weaved together mix of shared service centres, centres of excellence, outsourcing arrangements and the retained business partnering functions such as FP&A.
On the 6th of October, I had the pleasure of hosting the Second Digital Pan-Asian FP&A Board. We had six insightful presentations that are summarized in this article.
What are the skills needed for a successful career in FP&A? The business environment is changing fast, and we need to keep up with this pace.
In FP&A there are plenty of tools, technologies and fancy options at your disposal. However, these eye-catching technologies won’t take your team to the next level without 3 key people processes that your team should be leveraging.
How can FP&A enable a quick, integrated and multidimensional scenario planning process? What are the building blocks for an effective FP&A team? Where does the journey towards leading analytical stage begin?