The 2^nd semi-annual FP&A board meeting in New York happened on October 4^th, 2022. This time, the topic of the discussion was “Moving from FP&A to Extended Planning and Analysis (xP&A)”.

Today, many companies are intrigued about what ML can do for their company and are waiting to know what it could mean for their finance function. Based on conversations held with many experts in the financial planning process, in this article Gizelda describes the top 5 desired outcomes that are cited as being necessary for ML to be perceived as adding value:

Watch the new video by Gary Cokins, Analytics Thought Leader and Author, to learn the eight forces of Data-Driven FP&A.

This digest issue aims to help you to understand financial models and the appropriate tools and ways to build them. I welcome you to investigate the following content: a free Excel template for a connected 3-Statement model; insights on types and designs of the different models; key steps for building dynamic models; and a video presentation on best practices in building Driver-Based financial models.

FP&A agility is the ability to reforecast on demand. But how can we implement it? Watch the recording to get the answer.

FP&A team should guide business leaders towards making informed decisions that ensure optimal performance during these difficult times. In doing so, we must harness the power of scenario-based planning. Below are the critical factors and steps in this process.

Join the face-to-face London FP&A Board on January 26 and discuss new trends in FP&A skills and capabilities.
 

Businesses need to adopt and integrate the right technologies while also ensuring senior finance leaders are directing and evolving the Office of Finance to be an essential function of the enterprise. We can refer to this idea as FP&A Maturity.

Learn from Jim Boswell, VP of Finance at FullSpeed Automotive about the best practices in building Driver-Based Financial models.

Monte Swain, Brigham Young University professor, shares a new model from the Profitability Analytics Centre of Excellence (PACE) that returns to these three core elements of the Dupont framework. Watch how it can help you track cost and revenue drivers effectively and build a successful, informative ROI strategy.