Scenario Analysis is a tool to assist in making decisions under uncertainty. It provides a structured way to identify a range of potential outcomes, likely estimate impact and then identify and evaluate possible responsive actions. The author considers its benefits in the article.
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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As the finance co-pilot of your company, you won't get to call the shots on strategy, sales tactics, marketing campaigns, or HR policies. But you can be a finance business partner, providing data-driven insights to make sure your co-pilots are maximising their potential.
The International FP&A Board in Paris met to bring together the latest financial trends. FP&A professionals discussed the lessons learned from the Pandemic. Scenario management is the planning model that can help mitigate uncertainty.
In this blog series, the author looks at the areas FP&A departments must address to add value in this technology-driven age. In this blog, he considers the applications that can be developed using the latest database technologies.