Scenario Analysis is a tool to assist in making decisions under uncertainty. It provides a structured way to identify a range of potential outcomes, likely estimate impact and then identify and evaluate possible responsive actions. The author considers its benefits in the article.

As the finance co-pilot of your company, you won't get to call the shots on strategy, sales tactics, marketing campaigns, or HR policies. But you can be a finance business partner, providing data-driven insights to make sure your co-pilots are maximising their potential.

In this video, Michael Huthwaite, Corporate Finance Director at Walmart, explains how you can change the playbook and create real value for your business.

Based on the previous survey, we observe that Scenario Planning has become one of the most rapidly-evolving trends in FP&A. So, in this digest, we collected several insights and practical examples to be ready to plan for uncertainty.

In this short video, Marat Lomakov, Finance Director, Europe Supply Chain at Ecolab, shares his insights on effective strategies such as the adoption of xP&A and Scenario Planning to help you learn how to address an enormous number of disruptions in a changing business world.

The International FP&A Board in Paris met to bring together the latest financial trends. FP&A professionals discussed the lessons learned from the Pandemic. Scenario management is the planning model that can help mitigate uncertainty.

Fortunately, modern techniques let businesses create an open-ended dynamic process of continuous planning. It should not be confused with the Rolling Forecast, as these are two different notions. Hashim Ahmed, CFO at Jaguar Mining Inc., explains the key advantages of continuous planning based on their corporate approach.

In this blog series, the author looks at the areas FP&A departments must address to add value in this technology-driven age. In this blog, he considers the applications that can be developed using the latest database technologies.

Each scenario has several different pathways and many different outcomes. How do you choose? What do you choose? How many iterations of good, better and best are acceptable? The discussion on organizational challenges and Scenario Planning processes was a nice segue to introduce the day’s topic, “Moving from FP&A to Extended Planning and Analysis (xP&A)”.

Watch this video from Philip Galvan, Senior Manager at EY, to find out how the connective power of FP&A can transform your business.