FP&A Trends Digest: Issue #2
What makes a world-class FP&A professional? Are self-service analytics important for FP&A? And can machine learning improve forecast accuracy?
Read the new issue of the FP&A Trends Digest to discover the answers to these questions and more.
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by Khaled Chowdhury, Global FP&A Leader
What makes someone a great FP&A practitioner? To work in FP&A and create value, through business partnering and technology, a finance professional should possess several characteristics. This informative article can help you figure out whether you already have what it takes or if there is a skill you are missing.
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by Mohammed Hussain, Senior FP&A Analyst at BCA Logistics Limited
What is an effective business financial model? It is one that helps people make informed decisions. This article highlights the best practice in financial modelling. Mohammed Hussain also explains what needs to be considered when designing and building a model.
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by Santosh Kudva, Vice President, Data and Analytics at GE Power
There is a strong connection between FP&A and data management. It is critical for FP&A professionals to be able to manage and work with data without depending on IT. This is why self-service data analysis plays an increasingly important role in FP&A.
by Takeshi Murakami, Business Manager at Microsoft
In the video, Takeshi Muramaki explains how the Microsoft finance department enhanced forecast accuracy by using machine learning instead of a traditional bottom-up process. With more data, which was also more complex than in previous years, Microsoft managed to improve the accuracy of forecasting by 0.2%.
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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At the webinar, senior finance professionals from Siemens Healthcare, NNIT and CGI Group will share their insights about the purpose of finance analytics and the importance of FP&A’s analytical transformation. What is advanced analytics for FP&A? What should an FP&A analytics maturity model look like? What challenges stand in the way of an analytical transformation for FP&A? Join this interactive webinar to find out.
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