When your financial planning and analysis (FP&A) becomes data-driven using automation and an intuitive platform with the right tools, then there's a fundamental shift. The data flows freely, it's trustworthy, and it starts to work for you. In fact, it can lead to a transformation, especially with decision-making around your organisation's finances and business strategy. But how can you reach this point? 

Maintaining or increasing profit margins is key to the development of a company, but in many cases, it represents quite a challenge. I can see two main reasons for this: price pressure on the revenue side and inflation on the cost side. This blog explores 5 ways finance can support a company’s revenue maintenance.

Data today is being created and consumed at an unprecedented scale. Data science is progressing even faster, further speeding up the rate of data creation and consumption. The companies that are the first to adopt the best practices will gain a significant advantage. The rest might just perish. 

We are continuing to update you on the latest trends and developments in the modern FP&A. This time we have taken a closer look into the following hot topics:

• key advantages of AI-based intelligent reporting automation,

• typical barriers and breakthroughs for successful business partnering, and

• crucial conditions required for synergistic and strong FP&A department.