FP&A Trends Digest: Issue #44
Issue #44 - 14 August 2021
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Dear colleagues,
Greetings from charming Santorini!
Although we have successfully adopted digital meetings as a new-age opportunity, it is not an exaggeration to say that global travel has slowly resumed and brought joy to people all over the world.
We are continuing to update you on the latest trends and developments in the modern FP&A. This time we have taken a closer look into the following hot topics:
• key advantages of AI-based intelligent reporting automation,
• typical barriers and breakthroughs for successful business partnering, and
• crucial conditions required for synergistic and strong FP&A department.
At the bottom of the digest, we have added invitation links to our upcoming webinars. I invite you to join us and explore the trending FP&A topics, as well as perhaps sharing the findings with your peers.
If you have any suggestions, innovations or case studies, please do not hesitate to reach out.
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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Despite some predictably, annual and quarterly financial reporting can still keep FP&A professionals working around the clock and testing the true potential of the most analytical minds. Read this article to discover how AI-based intelligent reporting systems can help the finance team find more space at reporting time.
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By David Wittenberg
Why are business teams not always open to collaboration with the FP&A team? Understanding this reason behind this resistance is vital. In his article, David explains how FP&A can spot the barriers to successful business partnering and overcome them. Do you want to become an indispensable partner to your business leaders? Check out this helpful approach and see if it works in real life.
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By Alex Kotler
It is quite a challenging task to build a successful FP&A department. The transformation process fueled by the recent COVID-19 crisis revealed that companies really rely on a well-functioning FP&A department. In fact, the FP&A department is like a compass that sets the direction for a business. Alex Kotler discusses overcoming dilemmas while building a strong FP&A department. In this article, he draws on his professional experience as a Head of FP&A where he completed the process at 3 different companies.
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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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.
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.
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