Dear colleagues,

Mastering FP&A Storytelling is both an art and a science, which requires a blend of the following building blocks: data and technology, narrative, and visuals.

Data Visualisation is one of the best ways to smooth the jump from numbers to words. This digest contains our recent insights paper on the winning formula for FP&A Storytelling, articles with tips and tricks on how visualisation brings data to life.

I hope this digest issue will guide you from the realm of numbers to compelling storytelling, enabling you to craft FP&A visuals that convey profound insights with the power of a thousand words!

We continue to explore the challenges and developments of the modern FP&A and I am inviting you to participate in the 8th annual 2024 FP&A Trends Survey. It will take approximately 10-12 minutes, and in return, we will share the final report with you in July 2024. At the bottom of the digest, you will find the details.

Kind regards,

Larysa Melnychuk, CEO and Founder
FP&A Trends Group & International FP&A Board

Data visualisation is an essential part of a compelling business story. Good visuals should support your narrative and be backed up by relevant data to drive actions among your stakeholders.

To help you understand the key principles of making informative visuals and delivering great stories, FP&A Trends Group has created an insights paper focusing on the specifics of storytelling with data. We welcome you to explore the winning formula of FP&A Storytelling and Data Visualisation Maturity Model.

Read this paper to understand where you are on the scale and how to make your data visualisation even better.

By Mohamed El-Rouby

Visuals are processed 60,000 times faster than text, and people retain visual information over three times better than text alone. As a trusted business advisor, FP&A should transform data into charts, graphs, and maps to enhance stakeholder communication. But how can FP&A professionals deliver a memorable story?

In this article, Mohamed El-Rouby, CFO Middle East Africa and Global Commercial Finance Lead at Pharmanovia, discover six types of visuals to add powerful and effective context to data stories.

By Carl Seidman

What is the purpose of the data visualisation? What are the business questions we seek to answer? Who is the data visualisation for? When we have answers to these questions, we should ask how to present the information best. Data visualisation platforms can help.

Read this article by Carl Seidman, Principal at Seidman Financial, to learn best practices in data visualisation that resonate with financial and non-financial people alike.

By John Sanchez

Quickly processing visual data is crucial, not just for speed but because we are dealing with larger and larger amounts of data. We need to convey a lot of information with minimal effort. That is why more and more companies are leveraging data visualisation for making better decisions and improving performance.

In this article, John Sanchez, Keynote Speaker, Corporate Trainer and Author, describes how data visualisation transforms the way information is communicated, understood, and retained.

FP&A Trends digital events are vendor-agnostic and complimentary. If you are not able to join the live session, you can register to receive the recording later.

6 March 2024

AI/ML in Strategic FP&A is changing the game in decision-making. Using smart algorithms and Predictive Analytics, organisations get insights, fine-tune financial strategies, and make better decisions. This collaboration boosts efficiency, spots trends, and reduces risks, opening the way for a fresh era of reliable business strategies.

How can your organisation leverage these transformative technologies for strategic success?

Join this webinar which promises to not only broaden your perspective on finance but also equip you with actionable strategies.

 

FP&A Trends Group is launching the 8th Survey to analyse up-to-date issues affecting the performance of FP&A departments and deep dives into the evolving role of Financial Planning & Analysis.

Your contribution will help us understand the most crucial challenges within modern FP&A and define what needs to be overcome. In return, we will share the final report with you in July 2024. Therefore, I cordially invite you to spend 10-12 minutes completing the FP&A Trends Survey 2024. Sharing this questionnaire with your network is highly appreciated.

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