A core aspect of financial planning & analysis (FP&A) is forecasting and budgeting. In this article, exposed are some of the more common myths so frequently accepted as truth within FP&A groups around the globe.
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.
Stay tuned for more blogs and articles from great authors.
In this issue, we would like to look at key performance indicators (KPIs) from the perspective of a CFO. We will also discover which five important things will improve the effectiveness of a company's planning processes and look into how the analytics of FP&A are connected to the Simpson’s paradox. We will explain why data visualisation is considered to be a game changer for FP&A and then explain the 4 steps necessary to become a more valued FP&A professional.
The challenges of running a modern business get tougher and tougher. Mainly externally driven challenges including regulation, increases in business complexity for example in the level of competition, the nature of competition, a more complex global supply chain, increases in the speed of change, in no small measure driven by the acceleration in computing and digital technologies. All this leads to a more uncertain and more volatile business environment.
The 7th meeting of the Brussels FP&A Board took place on 13 February 2020 at the Robert Half Offices in Groot-Bijgaarden. Hans Gobin, International FP&A Board Ambassador, facilitated the meeting for the first time in Brussels. The meeting was sponsored by SAP and Robert Half.