Without a digital FP&A process supported by modern technology, finance leaders may find it nearly impossible to deliver on strategic goals. Digitizing FP&A speeds up data access and insights and fosters collaborative partnership between finance and operational leaders to respond to disruptions and deliver on overall business objectives.

The International FP&A Board now restarts face-to-face events, continuing our mission of learning the latest trends in FP&A through discussion and collaboration. The meeting of the Zurich FP&A Board will discuss what lessons the pandemic has taught us. 

The International FP&A Board now restarts face-to-face events, continuing our mission of learning the latest trends in FP&A through discussion and collaboration. The meeting of the Geneva FP&A Board will discuss what lessons the pandemic has taught us. 

In this issue, we explore whether Bogsnes’ words ring true. We have collected two insightful video case studies from KPMG and Danone; an article on the advantages of Beyond Budgeting over traditional approaches; and an article explaining how BB can turn one of the most despised business processes into one we can look forward to.

Danone is one of the largest multinationals in the world.

How does a company of this size and reach transform its approach to a core business process?

What lessons can we learn from Danone’s implementation of Rolling Forecast?

In this series of blogs, I will be looking at a number of areas that FP&A departments must address if they are to add value to the organisations they serve in this technology-driven age.  In this blog I’ll cover the reasons why change is essential.

In this incredible business environment of high uncertainty and risk, many organisations have found themselves in the realm of “Unknown Unknowns".

So how we can plan for Unknown? How can we achieve flexible and dynamic Financial Planning and Analysis (FP&A) processes that support decision-making under uncertainty?

There is a lot of hype these days about the concept of FP&A Business Partnering. At a time when the FP&A framework is being extended to the entire organization, FP&A Business Partnering needs to keep up with this new model to stay relevant and cutting edge.

This article provides an overview of the topics and cases presented and discussed by the experts at the webinar “Cash Flow Planning - Why the Traditional Profit-Driven Mindset Needs to Be Rethought”, as well as the results of our polling questions. 

Cash Flow Management is both an art and a science. It is also difficult to master. Traditionally, FP&A teams have been more focused on Profit and Loss account. However, in high uncertainty, FP&A's need to develop a "Cash Flow" Mindset. So what does this involve?