A financial plan is a product used for guiding people’s actions toward the accumulation of wealth. As a product a financial plan is created from a variety of sources. One source used for creating a financial plan is finance.
FP&A Insights
FP&A Insights is a collection of useful case studies from leading international companies and thought leadership insights from FP&A experts. We aim to help you keep track of the best practices in modern FP&A, recognise changes in the ever-evolving world of financial planning and analysis and be well equipped to deal with them.
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Recently, I have encountered a lot of discussions within the finance (FP&A) professionals community about business partnering. The challenge in such discussions is to move from theoretical reasoning into practical execution. In this article, I would like to talk about one possible area where cooperation between FP&A and Data management professionals can deliver mutually beneficial results.
Many commercial finance or FP&A professionals focus on getting the model right and not enough time considering the how people are going to react to the outcome. This blog sets out a few tips to navigate the politics. In the words of Oscar Wilde ‘The truth is rarely pure and never simple’.
There are several key components in the FP&A role. The way profitability is analysed and used to improve the business results is one of them.
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