This article presents a business case for a good investment in management accounting systems and emphasises the need to improve them. The author outlines seven practical steps for managing the investment in accounting.
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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In this series of articles, we delve deeper into the importance of finding the right balance between growth and profitability and consider the importance of strategic financial planning. We will also explore two proven frameworks organisations can leverage to drive effective decision-making: the Balanced Scorecard (BSC) and the Zone to Win (ZTW).
This article provides a comprehensive guide to cultivating strategic Finance Business Partnering within your organisation. Ensure that you steer your businesses towards a business triumph by following simple and actionable tips the author outlines in an article.
Scenario Planning becomes necessary rather than optional in such a complex and uncertain environment. In this article, the author elaborates on the challenges associated with this approach. He also outlines the difference between Strategic and Scenario Planning.