FP&A Trends Digest: Issue #16
Dear colleagues,
It is true that time flies fast. It is already July, and we are happy to share a new issue of the FP&A Trends Digest with you.
This time, we have prepared a mixture of different topics including predictive analytics, machine learning, FP&A leadership, soft skills, business partnering, design thinking and effective collaboration across the organisation.
If you would like to learn more about the power of predictive analytics and driver-based planning, I encourage you to check out the information at the bottom of this digest. You will find an invitation to an upcoming webinar on leveraging predictive planning for better decision-making. Feel free to join us and participate in the Q&A session with our three experienced panellists.
Enjoy this issue!
Best regards,
Larysa Melnychuk
CEO and Founder
FP&A Trends Group &
International FP&A Board
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By Stéphanie Didier and Tina Vermeyen
How can organisations successfully use predictive analytics and machine learning for improving their forecasting process? This is one of the questions we discussed at the fourth FP&A Board Connect where two representatives from Janssen shared their company’s journey with the FP&A Trends community.
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By Ron Monteiro
Are FP&A professional bean counters? We don’t think so. There are a lot of finance professional stereotypes but FP&A can eradicate these misbeliefs. So how do we change the views that are prevalent in various stakeholders across the business? Find out the answer in Ron’s article.
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By Christopher Andrew Heathcote
A truly effective finance business partner must be able to utilise both a design thinking method and a purely analytical approach. Mapping techniques can empower finance business partners and help them facilitate analysis and synthesis. This article examines 3 mapping tools that you can find useful in your work.
By Jens Berthol Hansen
What is collaboration? What makes it effective? How can it be fostered in your organisation? In this article, Jens analyses a definition of collaboration and provides guidance on what it means for leaders and team members.
For more Insights from FP&A Trends, please click here.
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If you want to keep on top of the latest trends in modern FP&A and learn from recognised experts in the field no matter where you are, you are welcome to watch our previous webinars and join our upcoming ones. FP&A Trends Webinars are vendor-agnostic and complimentary. If you are not able to join the live session, you can register to receive the recording later.
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An agile decision-making process may sound like a dream, but it should become a reality for companies that would like to be successful in the current business environment. How can FP&A enhance business decisions by leveraging predictive analytic methods? What is the basis for an effective rolling forecast or a flexible, dynamic scenario planning model? Let’s find out together.
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