FP&A Trends Digest: Issue #6
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Issue #6 - 19 October 2019
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Dear colleagues,
It has already been one month since our last newsletter but so many things have happened. The main news – we opened two new chapters of the International FP&A Board in Houston and Washington, D.C. We are now in 27 cities, 16 countries and 4 continents!
To celebrate, we have prepared a present for you. You can now download our free e-book on the rolling forecast. This is our first e-book and we hope that you like it.
This edition of our digest brings you articles covering the soft skills of an FP&A professional, methods to improve your P&L statements and the reality behind an FP&A department’s role in problem solving and risk management. We will also share with you an amazing case study about FP&A transformation in Nielsen.
More insights will be shared in the coming months. For now, enjoy your 6th issue of the FP&A Trends digest and stay in touch.
Best regards,
Larysa Melnychuk
CEO and Founder
FP&A Trends Group
International FP&A Board
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We would like to give you a present. It has been our pleasure to work on this project for some time and we are excited to share the results with you. We are launching an educational series of free FP&A Trends e-books. Each issue will be devoted to a particular hot topic in FP&A and will include insights from finance leaders around the globe. The first e-book is available only to FP&A Trends subscribers and we hope that you enjoy the content.
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By Amrish Shah
Although technical skills are really important for anyone who wants to build a career in FP&A, we should also pay closer attention to the necessary soft skills. There are several must have characteristics for a quality FP&A professional. This article looks at eight of them in more detail.
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By Alexander Antonov
In this comprehensive article, Alexander Antonov shares his insights on how to improve a P&L statement. He suggests an approach based on his professional experience in the FMCG and pharmaceutical industries. The article explains how to apply commonly known tools in a systematic way to proactively handle any challenges in company performance.
By Carl Seidman
The FP&A department should be able to help the company with problem-solving, risk management and growth planning. However, this is not always the case. This article explores three reasons why business leaders do not use FP&A to its full potential and then suggests methods to overcome this challenge.
By Fredrik Hedlund
Have you already watched this video about Nielsen’s FP&A Transformation? There are some great lessons which can be learnt from their journey. Fredrik Hedlund, CFO at Nielsen and responsible for more than 105 countries explains how he transformed the company's FP&A function into a centralised structure.
For more Insights from FP&A Trends, please click here.
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If you want to keep on top of the latest trends in modern FP&A and learn from recognised experts in the field no matter where you are, you are welcome to watch our previous webinars and join our upcoming ones. FP&A Trends Webinars 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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How can a finance department add true value to the business? How can you use technology to automate and free up time for value add business partnering? What does the future look for finance business partners? Join our next webinar to find answers to these and other questions. The webinar is complimentary and vendor-agnostic.
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