On the 6th of October, I had the pleasure of hosting the Second Digital Pan-Asian FP&A Board. We had six insightful presentations that are summarized in this article.

The Third Digital Pan-Asian FP&A Board will be held online on the 24 November from 4:30 PM to 6:00 PM SGT to learn about FP&A Digital Transformation: Moving to the Leading Stage.

This article focuses on why there is a risk of too much focus on the profit and loss (P&L) or income statement and too little focus on the Balance Sheet among FP&A practitioners.

On November 18 from 4:00 PM to 5:00 PM GMT we will discuss Empowering FP&A to Bridge the Strategy Gap Once and for All.

What are the skills needed for a successful career in FP&A? The business environment is changing fast, and we need to keep up with this pace.

FP&A departments are able to track and manage financial plans. But can FP&A help manage the execution of a strategic plan? Is there value in integrating these two processes?

In FP&A there are plenty of tools, technologies and fancy options at your disposal. However, these eye-catching technologies won’t take your team to the next level without 3 key people processes that your team should be leveraging.

How can FP&A enable a quick, integrated and multidimensional scenario planning process? What are the building blocks for an effective FP&A team? Where does the journey towards leading analytical stage begin?

As usual, this digest will cover several FP&A-related topics. To make it interesting for everyone, we tried to mix them up so that you can find the topic that resonates with you most.

The First Digital European (Germany and Benelux) FP&A Board discussed FP&A Digital Transformation: Moving from Traditional to Leading Stage. The speakers talked about FP&A transformation, driver-based planning, predictive and prescriptive analytics and the use of modern technology. During this digital event, we also discussed what skills are now required from FP&A professionals in the digital era.