FP&A Storytelling has been one of the biggest trends in FP&A over the last few years as executives and C-level leaders want to know how their company is performing, what segments are performing well or not so well, and why so. 

In this series of blogs, I will be looking at a number of areas that FP&A departments must address if they are to add value to the organisations they serve in this technology-driven age.  In this blog I’ll cover the reasons why change is essential.

This article provides an overview of the topics and cases presented and discussed by the experts at the webinar “Cash Flow Planning - Why the Traditional Profit-Driven Mindset Needs to Be Rethought”, as well as the results of our polling questions. 

Budgeting and planning activities within companies are often time-consuming and quickly outdated in their significance. Methods like driver-based planning or even Beyond Budgeting represent attempts to increase efficiency, but the approach remains old-fashioned. However, the developments in the field of AI/ML are now opening up completely new possibilities. In the near future, it will be possible to calculate and compare a wide variety of planning scenarios within minutes.