So why are we as finance professionals so slow to adopt digital transformation when there are so many proven benefits to us and the companies we operate in? I believe this is due to three main fears.
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After an absence of almost two years, I was looking forward to joining the London FP&A Board meeting, where a group of senior finance professionals met in person, many experiencing their first face-to-face industry event since the initial lockdown in the UK back in March 2020.
The top 7 trends shaping FP&A today can be grouped into 3 key building blocks: Process, Technology, and People.
The building blocks are a 3-part recipe to create the perfect cake. Each part will help to curate a strong finance professional and a successful cross-functional FP&A team.
The cloud holds some exciting prospects for the development of cash flow planning. It will bring access to Machine Learning and Predictive Analytics on a scale previously only accessible to data scientists.
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