A proper financial model that provides quick answers to different changes will help you make your life in planning more successful.
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There have been not many details about how to get started with a machine learning (ML) project in FP&A. This article will cover the financial forecasting process in companies and how ML can help with it.
This article explores to what extent both Lean and Six Sigma can be applicable to FP&A work. Are such techniques still relevant today? The answer is yes.
It is true that time flies fast. It is already July, and we are happy to share a new issue of the FP&A Trends Digest with you.
How does an accountant move from being a compliant type bean counter to a value-add influential finance business partner? The article looks into three thoughts that can be a good start.
A study showed that organisations with high bonus payouts performed much better financially than those who did not pay high bonuses. This is why incentives can be seen as a financial tool to drive better performance.
Staying ahead of the competition requires FP&A to become a strategic business partner. Strategic finance business partnership primarily focuses on making the whole company stronger.
Drivers are the catalysts to initiatives. But which ones are the most important? And how to deal with challenges that come with driver based planning?
After spending 15 years in the corporate life holding various finance leadership roles within diversified range of industries and in organizations of different sizes and nature, I have realized that leadership is not about position, it’s all about perspective and our ability to create positive and strong influence within the organization.
In order for a company to exist, it must organize itself in a way that fulfills its value proposition because a value proposition has enormous power. So, how can a company organize itself? The answer is with a budget.