FP&A Trends Digest: Issue #29
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Issue #29 - 16 January 2021
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Dear colleagues,
I hope you had a wonderful holiday break and managed to recharge after a bumpy 2020. At FP&A Trends Group, we are looking forward to the new year and would like to continue sharing with you our high-quality content. We already have a busy schedule for January and February, with many events coming up. Please visit www.fpa-trends.com for more details. To register for two upcoming webinars in February, please follow the links at the bottom of this issue.
The first digest of 2021 provides a broad overview of FP&A-related topics that may help you start the new year off well. We will look at a 5-stage approach to improving the quality of FP&A work, a revolutionary example of FP&A integration demonstrated by Honda and a summary of all the skills a CFO should have at their level.
Enjoy the issue and stay safe!
Best regards,
Larysa Melnychuk
CEO and Founder
FP&A Trends Group &
International FP&A Board
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By Amrish Shah
This article focuses on how FP&A can effectively support the decision-making process. It outlines 5 stages, each containing several steps, that help move FP&A toward better business partnering and improved collaboration.
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By Ron Monteiro
To write this article, Ron interviewed several former chief financial officers (CFOs) who had worked for global organisations. These business leaders each spent several years in the world of FP&A and credit this time as a critical stage in their professional development. What advice can they offer future business leaders? And what 5 traits do they think make a great CFO? Find out the answers in this article.
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By William Howell
If implemented correctly, integrated FP&A can bring various benefits to an FP&A team such as speed, agility and accuracy. In this 30-minute video, William Howell, Senior FP&A Manager at Honda (UK Manufacturing), explains the integrated FP&A project implemented at their company and illustrates the results that they managed to achieve.
For more Insights from FP&A Trends, please click here.
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FP&A Trends Digital Events
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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.
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Agile FP&A can help organisations move through uncertainty and come up with a plan of action. To improve the decision-making process, FP&A needs to transform right now. At this webinar, senior finance professionals from Volvo Financial Services and Planful will share their experience on the topic. Register for this digital event to learn more about agile FP&A.
Zero-Based Budgeting (ZBB) is transforming into a wider framework of Zero-Based FP&A. This is a concept in which ZBB principles are applied to different FP&A areas. It encourages a culture of business partnering and value creation as well as rigorous evaluation of key business drivers. Register for this webinar to learn more about how to improve your analytical transformation journey.
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