FP&A Trends Digest: Issue #21
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Issue #21 - 12 September 2020
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Dear colleagues,
We know that you are probably already deep into the chaos of the budget season. So, we would like to keep this digest both short and entertaining.
This time we will address…
1) The strategies for solving the soft skill shortage in FP&A. You are welcome to take part in the interactive poll embedded in this article.
2) The differences between controllership and FP&A functions.
3) A few important considerations for any organisation looking to implement an artificial intelligence project in their finance department.
Also, I would like to invite you to the new global webinar on FP&A Storytelling. I hope you will be able to join us.
Enjoy this issue and stay safe!
Best regards,
Larysa Melnychuk
CEO and Founder
FP&A Trends Group &
International FP&A Board
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There are so many great stories to be told in finance, especially at the time of advanced analytics, dashboarding and data visualisation. We would like to invite you to the next Global FP&A Trends Webinar where senior finance practitioners from PepsiCo, Beckman Coulter, and SAP will look into the ways to apply analytics to FP&A Storytelling, to tailor communication to a specific audience and will also explain how FP&A can effectively deliver their key message. Register to join us in October or to receive the recording!
By Mohammed Hussain
What is more important, soft skills or hard skills? Or is it both? Follow the above link to cast your vote in the interactive poll and see how other members of the FP&A Trends community answered these questions.
If you agree that soft skills are important, check out the 4 high-level strategies detailed in Mohammed’s article. They might help you become better at communication!
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By Emmanuel Jibodu
Although FP&A has been a hot topic for some time, there is still confusion about this term and how it is different from other finance-related functions. In modern organisations, controllership and FP&A have different tasks and responsibilities but what are the main differences between the two? Find out the answer in this article.
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By Nilly Essaides
“It’s all talk but no action.” Is this how you feel about using artificial intelligence (AI) in your department? In this article, Nilly explores three main considerations for AI adoption within finance organisations. Check them out! They are all based on the findings of the exclusive Artificial Intelligence and Machine Learning FP&A Committee.
If you are working on an AI-related project in finance, please feel free to let us know about this! We are looking forward to welcoming new members to the Committee.
For more Insights from FP&A Trends, please click here.
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