There are three key building blocks for modern Financial Planning and Analysis: Digital, Data and Analytics. What are these building blocks, and why do they matter from the  FP&A perspectives?

In this environment of ‘unknown unknowns’, the future is becoming more and more difficult to predict. Traditional management accounting methods based on historical data alone are no longer sufficient for planning and forecasting. Scenario Planning can help us overcome this challenge. 

Rolling Forecasting is an essential tool in this radical transformation. An effective Rolling Forecast expands planning horizons, reduces FP&A cycles, and helps in the execution of organisational strategies. But Rolling Forecasting must be implemented carefully, otherwise it risks becoming just another non-value added activity.

Traditional management accounting methods are no longer sufficient in the environment of “Unknown Unknowns”. To help navigate this challenge, we must turn to Scenario Planning to guide us.

The COVID-19 pandemic has forced many companies to revise their strategies and budgets in preparation for the "new normal". In times of such unprecedented uncertainty, complexity and risk, Scenario Planning and Predictive Planning processes came to the forefront of the management teams and FP&A professionals. 

Traditional management accounting methods are no longer sufficient in the environment of “Unknown Unknowns”. To help navigate this challenge, we must turn to Scenario Planning to guide us.

The Digital UK & Ireland FP&A Board is proudly sponsored by:

There are probably a lot of tips and learnings you have picked up as you went on your journey as a finance business partner, but you may still be up for some surprises from the list here.

The Digital Middle Eastern FP&A Board will be held on the 15th of November at 5:00 PM GST to discuss how to successfully implement ZBB.

Digital North American FP&A Board will take place on 16 November 2021 to explore Integrated FP&A: Strategy, Steps and Examples.