On 12 November 2019, I had the pleasure of facilitating, the 7th Frankfurt FP&A Board meeting. The meeting was sponsored by Apliqo and Robert Half and attended by over 30 FP&A professionals. The key subject of discussion was “FP&A Business Partnering”.
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 November, we had the 2nd Shanghai FP&A Board. FP&A Analytical Transformation was the focus of our discussion. It is amazing to observe that FP&A Analytical trends and challenges are global.
Scenario analysis, sensitivity analysis and what-if analysis are very similar concepts and are really only slight variations of the same thing. All are very important components of financial modelling – in fact, being able to run sensitivities, scenarios and what-if analysis is often the whole reason the model was built in the first place.
Among FP&A challenges understanding, explaining and forecasting revenues evolutions are one of the top items. It may be more or less difficult depending on the company business.