The Austin FP&A Board was launched on the 18^th of October, 2022 and has become a recent addition to the International FP&A Board chapters.

Senior FP&A leaders from the University of Texas Center for Analytics, Evo Entertainment Group, Chuy's Restaurants, Babylon, and other companies attended the events to guide the development and promotion of better practices in global FP&A, identify, and support new trends, skillsets and innovations.

The speakers from Chuy's Holdings and Millicom presented their insights and case studies.

The traditional budgeting process is short-term focused, causes unnecessary control and bureaucracy and results in a conflict of interest. For most present-day organisations, Traditional Budgeting is no longer fit for the task.

Join the Digital UK & Ireland FP&A Circle on the 23rd of November at 4:30 PM GMT to learn how to successfully implement ZBB from senior practitioners and thought leaders. 

The key to developing a best-in-class FP&A organisation is reaching level 5 maturity is getting the basics right. In addition to having the right people on your team, you'll want to ensure they understand the basics properly and have prepared the environment for growth.

In this issue, you will find: our research on emerging FP&A skills; a crash course in one of the most important capabilities, data storytelling; an article on the new role of the FP&A Architect; a compelling analogy between gardening and FP&A; and a video on the changing FP&A skillset.

One of the largest privately owned companies in the world, Cargill’s FP&A journey started around 6 years ago. But, as the company’s Global Finance Director – Cocoa and Chocolate emphasises in a short video, this journey never really ends.

Join us for the webinar on October 19 to learn more about FP&A Integration: Harmonising Strategic and Operational Planning Processes. We promise actionable insights from our senior panel of experienced professionals.

The inaugural Miami FP&A Board will gather in person on the 25th of October 2022 to debate the popular subject of global trends in modern Financial Planning and Analysis (FP&A). 

Why is so much time being spent on non-value add activities? How can we overcome this problem? What is the role of the modern FP&A Business Partner in Creating Value for the organisation? The Digital UK & Ireland FP&A Circle met on the 25th of May to explore how FP&A can “Create Value through better Business Partnering”.

In this uncertain environment, FP&A professionals need to reconsider their approaches to forecasting and revenue management. It is very important to incorporate Machine Learning into these finance processes.