In the article, I would like to give you a short overview of the main opinions on this subject proposed by 43 leaders of Finance of global companies that have been discussed during the latest Amsterdam FP&A Board meeting.
Irina Steenbeek
Irina Steenbeek is a data management practitioner and coach with more than 11 years of experience. She assists executive data management (DM) professionals in assessing data management's maturity and performance, implementing or optimizing data management frameworks, and developing a data lineage business case. For that, I offer a ready-for-use step-by-step methodology.
Author of " Data Lineage from Business Perspective," "The Orange Model of Data Management," "The Data Management Toolkit," and "The Data Management Cookbook," various white papers and a series of blogs on the topics of data management.
LinkedIn profile: https://www.linkedin.com/in/irina-steenbeek/
Author's Articles
Even if last six years I have been specialized in Data management, I still follow (thanks to FP&A club) developments in FP&A area. While reading some publications on FP&A trends I realized the strong connection between FP&A and Data management topics.
Nowadays a lot of concerns in business environment are focused around data. There are several drivers for that, such as regulations (e.g. GDPR), the growing amount of data, new technologies in data processing and analysis etc.
As an FP&A professional, you deal with data. Your data travels a long way from its source through applications to your reporting system.The data you deal with is the tip of the iceberg. The major part of data processing is the part that is hidden beneath the water. This article describes the four key actions that can help FP&A to become data-driven.