The Tokyo FP&A Board will meet on the 27th June 2019 for the second time. The professional debate will be devoted to the subject of FP&A Analytical Transformation. 

Business partnering is something everyone is talking about right now. The premise is that the more low-value finance tasks are automated, the more time finance practitioners have to work with their “customers” in the business. The only problem is that many business leaders are far from satisfied with finance’s performance to date as a valued business partner.

The ever-increasing pace of change in the Financial  Planning & Analytics (FP&A) industry can, at times, seem overwhelming to practitioners. This has fuelled a growing demand for thought-leadership and the establishment and discussion of best practices. In response to many requests from the UK professional community, the London FP&A Circle was established in July 2016.

FP&A in a small sized business is different than in a large, corporate firm. While one can argue that we all face a lack of time and resources, there often is no dedicated FP&A function in a smaller enterprise. FP&A team members in a smaller firm are wearing many more hats than FP&A. Again, we don’t have too many people that report to us (if any) that are analysts. 

The fourth meeting of the Boston FP&A Board was held on March 26, 2019.  The meeting was held at the offices of Robert Half and was sponsored by not only Robert Half but also SAP. The purpose of the meeting was to discuss Integrated FP&A.

In April 2019, the International FP&A Board held the 6th Frankfurt meeting where more than 30 senior finance practitioners shared their ideas about what is a new age of Zero Based Budgeting (ZBB).

Scenario planning is an important technique for a flexible and dynamic FP&A that enhances the decision-making process. In the analytically mature organisation, the standard approach of “three scenarios” (best, average and worst) is replaced with multiple on-demand scenarios that could be played in real time.

Business schools tend to divide their curriculum between hard quantitative-oriented courses, such as operations management and finance; and soft behavioral courses, such as change management, ethics and leadership. This separation of the curriculum is like chambers in a mansion.

The San Francisco FP&A Board met for the third time. In March 2019, the professional debate was devoted to the subject of FP&A Business Partnering. More than 30 senior finance professionals, representing companies such as Autodesk, BioMarin, Gensler, Google, HP, etc., shared their experience with each other.