With technology developing at breakneck speed, it is no wonder that FP&A teams around the world are beginning to capitalise on innovative modern tools. In particular, planning processes have been transformed by the implementation of Artificial Intelligence (AI), Machine Learning (ML) and Predictive Analytics.

Today, the FP&A Business Partner is a Change Agent that knows the business and challenges the status quo to improve. That is why, for this issue, we have chosen to share content delving further into FP&A Business Partnering. As the supply chain is one of the key functions for FP&A Business Partners to collaborate with, you will also find a guide to managing supply chain variability.

According to the FP&A Trends Survey 2021, only 12.5% of organisations spend more than 40% of their time on high-value activities. How can we overcome this problem? What is the role of modern FP&A Business Partner?

When I am asked to explain why Cash is so important, I use the analogy of building your dream home. In order to build that dream home and give it the best chance of standing there for years, it needs solid foundations. Likewise, an organisation needs cash to survive and grow, it needs cash to survive day to day, and without it, an organisation has no foundations and eventually collapses.

Unstable times are putting pressure on our planning process: we need to re-forecast more often to make timely and informed decisions, while at the same time we need to expand our forecasting horizons and look ahead. How can we achieve this?

In May 2022, the International FP&A Board restarted its face-to-face meetings in Geneva and Zurich. 

In this series of blogs, we are looking at the changes that need to occur within an FP&A department in order to cope with the impact of today’s analytic technologies. This blog covers the role of the FP&A Architect.

Dashboards can be an incredibly useful tool for organisations, but only if they are presented effectively. All too often, dashboards contain too many colours and patterns – and every dashboard uses these features differently. This makes them harder to understand and compromises their potential.

To deal with the resulting uncertainty, FP&A teams have had to demonstrate agility and analytical rigour, as well as flexibility. The organisational disruption, impact on business performance and changing supply chain demands have required FP&A teams to respond with rapidly changing forecasts, budgets and investment plans. 

The webinar is proudly sponsored by: