While rolling forecasts have clear benefits, their successful implementation needs to consider several risk areas. The purpose of this article is to explore what consequences and costs a move to rolling forecasting has for the other actors involved in the process.

In this article, I would like to summarise this insightful meeting filled with practical presentations, interactive polling questions and compelling discussions around the six facets of the “New Normal” FP&A.

We are excited to share with you the results of the third annual FP&A Trends Survey! The research is based on insights from 338 finance professionals across a diverse set of industries around the globe. We focused our attention on the changing role of FP&A into a strategic partner and how technology can support this evolution.

By deploying integrated FP&A organisations see greater performance improvements compared with traditional FP&A processes. This is enabled by combining strategic planning, business planning and forecasting and operations planning and forecasting.

FP&A is going to thrive and evolve if it continues to enhance the decision-making process in an uncertain business environment. This is why we need to see a huge shift in the FP&A skill set. 

What is systems thinking and how can it be applied in a real-life finance business partnering scenario? A modern finance business partner requires a shift in mindset away from linear to more of interconnectedness.  

The modern Financial Planning and Analysis (FP&A) function has an important role to play in enhancing decisions through the power of predictive analytics and driver-based modelling.

Currently artificial intelligence (AI) and machine learning (ML) is havi. In terms of accounting and finance, is AI & ML a gift or curse for us?  The answer largely depends on two key variables.

How can we plan and forecast in the uncertain environment? One of the current challenges for FP&A professionals is that traditional planning methods are no longer sufficient for this turbulent period. This is where FP&A Scenario Planning comes into play.

With the help of modern technology, we will try to make this digital meeting as interactive as possible by incorporating panel discussion, polling questions, Q&A sessions, and a survey.