Driver-based planning (DBP) is an essential part of the financial planning and analysis (FP&A) armoury, enabling organisations – ranging from the smallest non-profit to a multinational – to become quicker, more dynamic and agile in their planning and in responding to internal and external changes in the business environment.
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Rolling Forecasts are an essential tool for financial planning and analysis (FP&A), with a potential to radically transform corporates’ traditional budgeting process. The London FP&A Board of senior practitioners’ most recent meeting focused on why Rolling Forecasts are ideal for financial planning and analysis (FP&A) professionals.
In this recent interview with GTNews, Larysa Melnychuk sets out the fundamentals of FP&A, its vital role within the organisation, its international aspects and future FP&A trends to watch.
They say a picture is worth a thousand words… “Telling the story” is one of the most important tasks facing the FP&A professional, and data visualization is a powerful tool to reveal this story. Data visualisation is vital for FP&A analytics: it can help to reveal hidden trends and patterns, to filter out the noise and to generate valuable business insights. In other words, there are two types of data visualisation: