Dear colleagues,

The way we work has undergone a profound transformation in recent years, and hybrid working is now the norm for many. A recent LinkedIn poll shows that 73% of finance teams operate in a hybrid model, blending both in-office and virtual work.

This shift is not just about where we work — it’s fundamentally changing how we collaborate, manage and lead teams, and build corporate culture in new and evolving ways. As we navigate this era, our business partnering models should also adapt — leveraging AI, embracing remote collaboration and adopting fresh skills, techniques and technologies to thrive.

In this issue, I am excited to share our just produced Insights Paper, “FP&A Business Partnering in the Age of AI”, which explores the impact of these changes and provides actionable strategies to strengthen business partnerships. Additionally, you’ll find articles focused on distributed teamwork, building effective partnerships, and creating synergy within your teams.

While hybrid work offers flexibility, there are moments when in-person collaboration is essential, and having access to inspiring, well-equipped spaces becomes key. For our International FP&A Board meetings, we are fortunate to enjoy the beautiful premises provided by our partners, creating the perfect environment for productive discussions. A warm thank you to the IWG teams for their ongoing collaboration worldwide, offering us the ideal settings for our events. As a special benefit, all members of our FP&A community are now eligible for a 10% discount at any of IWG’s 4,000 locations worldwide, offering flexible and convenient solutions for your professional needs.

I hope this issue inspires you to enhance your team’s collaboration and performance.

Best regards,

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

Artificial Intelligence is poised to revolutionise the global workforce, making work faster and more efficient. Automations around many FP&A tasks, including data loading, validation and report generation are already available and used by organisations today. Yet, AI cannot fully replace human capabilities. By blending vital human qualities with AI-driven technology, FP&A can evolve into a more strategic and trusted business partner.

This paper explores AI’s transformative impact, its benefits, how to implement it, and examins what the future holds. Click here to read.

By Daniele Martins, Founder of the DM Brasil Training and Advisory

As the modern workforce becomes increasingly global, organisations are exploring distributed FP&A models to harness talent and expertise from all corners of the world. But with new opportunities come complexities — particularly in terms of communication, collaboration and maintaining a consistent financial strategy across dispersed teams. The question is, are businesses truly prepared for the operational and strategic demands of a distributed FP&A structure?

Read this article to uncover the benefits and challenges of adopting a distributed FP&A model, and explore how to best manage your team’s shift to a more flexible, global approach.

By Garrett Dennie, CFO at Knix

How can FP&A add value to an organisation? We have been faced with this question for quite a while, but the answer lies in establishing a Partnership Model. Moving beyond traditional reporting roles, FP&A teams must embed themselves at the heart of decision-making to become true strategic partners. The challenge is transforming the function from a support role into one that actively influences business outcomes through collaboration and insight.

Read this article to discover how you can create an effective FP&A partnership that drives meaningful value.

By Irena Pavunkovic, VP, Accounting and Project Management at Bayer

An FP&A team is like a symphony—each member plays a unique role, but the real magic happens when they come together in perfect harmony. Building this synergy requires not only great talent but also the right leadership to unlock collective potential. So, how do you turn your team into a well-oiled, high-performing unit?

Read this article to explore how to foster collaboration and trust within your FP&A 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.

6 November 2024

For FP&A professionals, the ability to interpret data quickly and turn it into strategic decisions can make all the difference. In an increasingly data-heavy environment, the challenge is not just in analysing the data but in making it understandable and actionable for all stakeholders. This is where data visualisation becomes a powerful tool.

Register for this webinar to learn cutting-edge data visualisation strategies that enhance FP&A effectiveness.

19 November 2024

One of the key responsibilities of FP&A professionals is to help manage and enhance the value of the company. This role is becoming increasingly strategic and influential, with many exciting developments shaping the future of the profession.

Register for this webinar to hear the practical insights on emerging trends and advancements, drawing from over 250 meetings worldwide and insights gathered from our 8-year FP&A Trends survey. The experienced panel of senior practitioners will explore the trends and strategies that are transforming FP&A.

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