Price is a strong lever of the company performance, which is often underestimated. Having mastered price management skills, the company gets a strong boost not only on top but also and mainly on the bottom line.
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2020 has been a turbulent year and few departments have felt this as much as FP&A. We have been looked to as saviours of the company, guardians of cash, and stewards of planning, re-planning, and some more planning. It should also give cause to reflections on how we can improve and be ready for what comes next.
Agility has become an important initiative for many organisations as they struggle to cope with the ever-accelerating pace of change in the external environment whilst also being under the threat of new entrants unencumbered by legacy organisations and technology issues.
On 17 November 2020, FP&A Trends Group gathered senior FP&A professionals from Electrolux, Jedox, Michael Page, Business Partnering Institute, and FP&A Trends Group who shared their insights on the five facets of the “New Normal” FP&A.
To manage business complexity, we need to focus on improving our processes. In this video, Saurabh Jain, explains how analytical journeys at different organisations usually look like.
The quality of a decision is a question about what data or lack of data the decisions are made on. So, let’s discuss what is a Data-Driven Decision and what is not, but also how do we make Fair Decisions.
A Global FP&A Trends Webinar that was held on the 10th November 2020 focused on why predictive planning is so important, especially in the uncertain times that we are living in.
FP&A takes an exciting path of transformation to meet the demands of modern business. Driver-based and predictive analytics are fundamental approaches for FP&A to adopt in order to move to the Leading Analytical Stage.
Most FP&A professionals have excellent educational qualifications beyond their undergrad degrees. I have often been asked what the right education for FP&A is. This article tries to bring some clarity.
Artificial intelligence (AI) is no longer just a “buzzword”, it is a tool used by many organisations around the world. In this digest, I would like to share with you a report that details different cases of AI use in finance and a case study of AI use from Egencia.