In this digest, we will focus on FP&A transformation and what is required for its successful implementation. We will look into what financial modelling is and what it is not. Additionally, we have shared a brief video about FP&A short-term priorities that might be worth your attention.

The FP&A Trends Webinar will be held on April 20 from 4:00 PM to 5:00 PM CEST (3 PM - 4 PM GMT) to discuss the key steps to Embrace FP&A Transformation.

Using P&L as a map for the journey (see image 1 below), the first three articles explored three initial steps focusing on the pre-P&L analysis and price management. In this article, we will move via net sales to marginality and look at how finance can take initiative and lead the effort to increase both sales and business profitability.

As was famously proclaimed by Pericles, the powerful politician of ancient Greece: "The key is not to predict the future but to be prepared for it". Agile FP&A can help organisations to move through uncertainty and come up with a plan of action.

In this article, I will share several challenges and dilemmas in building a strong FP&A department and also describe how they can be overcome. I‘ve gone through this process in 3 different companies as a Head of FP&A, so I can give my observation and say what are the crucial conditions to make the FP&A department successful and to minimise the ambiguity. 

The FP&A Trends Webinar will be held online on April 28 from 11:00 AM to 12:00 PM PST to listen to case studies of two of the world's leading companies: Microsoft and Emirates Airline.

When an organisation decides to invest in an FP&A software, there are three things to look for which will help ensure that the software selected will benefit the organisation as a whole, not just the FP&A function.

Gartner forecasted that by 2024, 70% of new financial planning and analysis projects (FP&A) will become extended planning and analysis (xP&A) projects, expanding their scope beyond the finance domain into other areas of enterprise planning and analysis.

The Coca-Cola Company’s recent global digital transformation initiative within their McDonald’s Division (TMD) has increased the company’s confidence in their data and enabled them to make better decisions faster.

For many organisations, the Strategy Gap is a major obstacle that systematically prevents businesses from truly maximizing their Strategic Planning efforts and sustainably creating value for their organization. 

Why do companies systematically fail to set meaningful and achievable targets that can help close the strategy gap? What should be the role of the FP&A in Strategic Planning and in closing the Strategy Execution Gap?

Join the Digital London FP&A Circle online on April 22 from 4:30 PM to 6:00 PM BST to find out the answers with our leading professional panel.