FP&A Trends Digest: Issue #43
Dear colleagues,
There is no doubt that the COVID-19 crisis brought a huge challenge for any business but it also brought a unique opportunity. FP&A professionals continue to play an essential part in navigating through the uncertainties.
In this digest, you will learn the biggest advantages that the FP&A team have in a post-pandemic business world, why business acumen is a must-have for all finance professionals, and how to optimise your decision-making process.
Enjoy the issue and stay safe!
Kind regards,
Larysa Melnychuk
CEO and Founder
FP&A Trends Group &
International FP&A Board
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By Douglas Yeung
If FP&A professionals previously thought they had a tough job, the new reality of a different world after COVID-19 makes any past issues seem like a walk in the park. The pandemic certainly magnified these issues but also created much more significant uncertainties for businesses. So, where should we focus our efforts, and how best can we guide businesses to move forward? Check out Douglas Yeung's article to find out the answers.
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By Mohamed El-Rouby
Business acumen has become one of the essential competencies of FP&A business partners. Without this skill, they cannot contribute effectively to the value creation process and cannot understand the story behind the numbers. So how do finance professionals improve their business acumen? In his article, Mohamed El-Rouby describes nine recommendations for working on this skill.
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By Andrew Dinwiddie
Connected planning is an effective way to unify data, people, and plans on a single platform. Implemented correctly, it can help accelerate better business performance in the modern dynamic market conditions. In this 8-minute video, Andrew Dinwiddie, Group FP&A Director at Aviva, shares his practical experience using connected planning to optimise the decision-making process.
For more Insights from FP&A Trends, please click here.
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FP&A Trends Digital Events
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While profitability is an easy concept to grasp, it is notoriously difficult to manage. As market conditions change drastically, stable profits can no longer be guaranteed. So what is involved in managing profitability in times of uncertainty? How can organisations maximise both their short and long-term returns? Join this global webinar to find out the answers.
In a world of unknown unknowns, the traditional means of work are not fast enough. So the best-in-class FP&A is about agility. With a constant flow of urgent demands, finance teams need practical advice on the method of digitally transforming their FP&A department. Register for this webinar to learn more about the best-in-class FP&A teams and how they have achieved it. The webinar is based on the global 2021 FP&A Trends research that combed insights from over 1,000 finance professionals.
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