Victor Barnes, Global CFO, The McDonald’s Division at The Coca-Cola Company, shared their recent global digital transformation initiative toward one source of truth to improve their processes.

In this digest, we will also look at financial modelling in more details. We will cover several questions. What is the difference between sensitivity, scenario and what-if analysis? How can you use a cost volume profit analysis? We will also discuss strategic cost control and the common pitfalls found during robotic process automation within FP&A.

I have previously written about 8 qualities which I believe characterize good FP&A performers. The article will explore what 2 of these – Curiosity and Creativity - can mean for Business Finance and FP&A in particular.

At the third FP&A Board Connect, Lukas Herbert shared a business case study on Zero-Based Budgeting (ZBB).

Developing predictive models, forecasts and scenarios to assess risk and assist decision making is one of a finance department’s most important activities. If finance managers neglect this activity, the company may encounter serious problems.

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Taking into account the current pandemic situation, what can FP&A do to establish the organization’s long-term financial and operational resilience? In this article, you will find a framework that could help you transform challenges into opportunities.

What can FP&A do to help business outlive the crisis? Intelligent FP&A can be a solution. It is one of the ways to leverage technology and bring value to the organisation. 

At the second FP&A Boar Connect, Paul Harris, Experienced Commercial Finance Director and a member of the London FP&A Board, shared his extensive Zero-Based Budgeting (ZBB) experience with us.

As FP&A Professionals we spend a lot of time in meetings. A quick review of your Outlook - and you will barely find a day that is not filled with at least one meeting. In this article, you will find 3 rules that can help to ensure an effective meeting and allow the relevant decisions to be made and actions to be taken.