Dear colleagues,

According to the latest FP&A Trends Survey, the demand for FP&A Business Partnering has more than doubled in just two years, rising from 16% in 2021 to 41% in 2023.

But what exactly does FP&A Business Partnering entail? Is it merely a role, or is it a transformative mindset? The significant increase in statistics highlights the growing recognition of FP&A Business Partnering's ability to provide valuable insights and foresight that shape strategic decision-making. At its core, FP&A Business Partnering is about challenging the status quo, pushing boundaries, and driving innovation.

In this digest issue, you will find articles and a video where seasoned practitioners share their insights on how FP&A Business Partners can catalyse real change within an organisation and propel it towards success.

Kind regards,

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

By Luis Parra

During our recent webinars, we have discussed new challenges that FP&A faces and how to confront them in the short and long term.

In this video, Luis Parra, Financial Executive - CFO (most recently with Scotiabank), speaks about what involves being a true Finance Business Partner and using external benchmarks and business drivers in the planning process. Luis outlines the circumstances needed to create a partnership between FP&A and the rest of the business. Also, he speaks about the significance of external benchmarking in achieving business success.

By Gemma Davie

Fostering a Business Partnering culture in your organisation is an art and science. It requires a constant development of different skills. But the question remains: how to become a better Business Partner and earn a seat with decision-makers?

Read this article by Gemma Davie, Head of Finance Business Partnering of Anglian Water Services, to find out the answer and more. The author shares her suggestions for becoming a more impactful Business Partner by mastering the art of listening, exemplifying it with her learnings.

By Christine Fromont

The current business landscape can be likened to a captivating rollercoaster ride – unpredictable and exhilarating, with soaring highs and occasional dips. Amidst this turbulence, businesses must make fast and well-informed decisions. How can we ensure that we steer businesses towards a triumph?

Read this article, where Christine Fromont, CFO of the Hôpital de La Tour, shares strategies for transforming finance teams into strategic Business Partners, navigating the evolving business landscape, and mastering the art of financial collaboration.

By Larysa Melnychuk and Kedar Kale

The current business environment highlights the need for agility in Financial Planning & Analysis due to increased volatility. Digitised FP&A Business Partnering can become a winning solution for companies. Adopting this approach can help boost organisational efficiency by leveraging technologies like AI/ML and RPA.

In this article, co-written by Kedar Kale, MENA FP&A at Amazon, we share three practical steps for creating a digitised FP&A Business Partners team.

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.

8 May 2024

Discover the transformative power of human and AI collaboration in FP&A.

Register for this webinar to delve into how integrating AI with human insights leads to more accurate forecasting and innovative strategies. A panel of senior practitioners and thought leaders will share their experiences and vision, illuminating the path forward for finance professionals.

15 May 2024

To meet challenges, companies are adopting Predictive Planning and Forecasting (PPF), which uses AI/ML technologies. This helps businesses make smarter decisions based on data, staying ahead of the competition.

Register for this webinar to delve into how AI/ML revolutionises the Predictive Planning and Forecasting processes.

19 June 2024

Nowadays, digitised FP&A Business Partnering is the latest trend that is going well beyond just Finance, involving the entire organisation to move FP&A to the next level.

Register for this webinar to delve deep into the art of digitised FP&A Business Partnering and unlock its potential to drive impactful change with a panel of senior practitioners and thought leaders.

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