Why is so much time being spent on non-value add activities? How can we overcome this problem? What is the role of the modern FP&A Business Partner in Creating Value for the organisation? The Digital UK & Ireland FP&A Circle met on the 25th of May to explore how FP&A can “Create Value through better 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.
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The promise of global dashboards is simplicity — one version of the truth. But truth without context can quickly become noise. Local teams operate in different realities, with different pressures, and one rigid view often fails to serve them.
Cash flow seems to be generally ignored by larger companies as the focus lies in growing and optimising profit and loss (P&L) in the general course of business.
It is very important to have well-established mechanisms for planning and budget control. So, managers can quickly correct the unit's tactical plan based on present market conditions, and faster it rolls up into the corporate's strategic plan.
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