FP&A Trends Digest: Issue #35
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Issue #35 - 10 April 2021
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Dear colleagues,
Did you know that 42% of FP&A time is spent on low-value activities? Moreover only 56% of organizations base all, or a large portion of their decisions, on data.
Each year we conduct a global survey to identify trends that are changing the FP&A profession. In this digest, we would like to share with you past results and invite you to take part in the latest survey. Your responses will help us analyse the evolving role of FP&A and produce statistics that will inform the whole FP&A community.
We would be very grateful if you could complete the survey (approx. 12 minutes) and share the link with your colleagues. We will send the results to all participants in June of this year. In the final report, you will be able see how your FP&A team compares to others using the interactive BI function. This may help you deliver additional value to your organisation.
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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Last year, we focused our attention on FP&A’s evolution towards more of a strategic partner and the technology that can support this change. The survey draws insights from 338 participants who are engaged in the finance function across a diverse set of industries around the globe.
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If you would like to see how FP&A has changed in the long-term, check out the 2019 FP&A Trends Survey which focused on the way FP&A teams were leveraging technology for planning and analysis. For example, in 2019 46% of organisations had no plans to leverage artificial intelligence (AI) within a year, yet in 2020 this percentage has decreased to 40%.
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Help us define the future of FP&A and share your thoughts here!
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