Although the world remains locked in battle with Covid-19, we are starting to emerge from survival mode and to consider our post-pandemic future. This means figuring out what's here to stay from the past 18 months, and what needs to change. One thing is certain, though: we are not going to continue where we left off in 2019 and 2020. 

In this uncertain business environment, organisations must strive to become more agile and data-driven. Developed by the International FP&A Board, the FP&A Maturity Model provides a roadmap for just such a transformation.

At the webinar on December 9th at 11:00 AM PST, you will hear from practitioners and thought leaders on rethinking traditional approaches to Cash Flow Management.

Watch the recording of the FP&A Trends Webinar to learn about the latest trends and developments in FP&A based on the global survey results.

It is unrealistic to link every activity. In some cases, you may only be able to present the work that has been done with no obvious mathematical link to the outcome or the performance measure it supports. However, there is still value in presenting a goal and the supporting work being done along with its cost, so at least management can make an informed judgment as to whether they are linked.

As technology keeps advancing, digitalising the FP&A function and integrating it across the organisation is not out of the reach for any company. The successful companies of tomorrow will thrive by implementing data-driven and digital planning processes.

Join the Digital Central European FP&A Board on the 7th of December to discuss Key Skills and Capabilities in FP&A for the Next Decade.

This is an exciting time to be in Financial Planning and Analysis (FP&A). Because of Brexit, COVID-19 and ongoing digital transformation, organisations are demanding more than ever from the FP&A function. This culture of expectation encourages FP&A professionals to go above and beyond what has been achieved before.

The American economist and politician, Phil Gramm once said: “Balancing the budget is like going to heaven. Everybody wants to do it, but nobody wants to do what you have to do to get there.”

If these words ring true for you, this digest should help to point you in the right direction. With budgeting season upon us, we have decided to make this the theme of the issue.

While profitability is an easy concept to grasp, it is notoriously difficult to manage, especially in rapidly changing market conditions. How can we manage profitability in times of uncertainty? One answer is by using the profitability analysis framework.