FP&A analytical transformation has been dominating headlines for some time. In the last decade, finance, and FP&A in particular, embarked on a journey from descriptive to prescriptive analytics. True digital transformation integrates technology, data, and new processes across the entire corporation.

The First Digital North America FP&A Board meeting took place on September 17, 2020 to discuss the digital transformation and how FP&A is moving from a traditional to a leading stage.

To unite the firm on a single planning foundation, FP&A must adopt the planning frame that drives value for its customers. That platform is the Operational Budget (OB) and it brings many benefits to the firm.

This article explores overcoming our own misconceptions of barriers to partnering, identifying the true cause in any specific situation, and establishing financial planning and analysis (FP&A) as indispensable partners to the business leaders we serve. 

How can we plan and forecast in the uncertain environment? One of the current challenges for FP&A professionals is that traditional planning methods are no longer sufficient for this turbulent period. This is where FP&A Scenario Planning comes into play.

Building a good FP&A team is essential to the success of the finance function and even for the whole organisation. In today’s business world, FP&A teams need to build a strong foundation before they can take advantage of the new technology trends.

We know that you are probably already deep into the chaos of the budget season. So, we would like to keep this digest both short and entertaining.

The Global FP&A Trends Webinar will be held on  October 22 from 3:00 PM to 4:00 PM BST. The professional debate will be devoted to the subject of The Key Success Factors for Connected and Collaborative FP&A

In this 6-minute video, Tanbir Jasimuddin, Director of Finance at Vardags, explains key concepts and definitions of the Integrated FP&A concept. Tanbir presentation is based on his experience of leading a number of transformational projects both in the UK and internationally.

To shine in the digital era and to be truly successful, financial planning and analysis (FP&A) and accounting professionals need to work on their human skills, like creativity and resilience.