FP&A Trends Digest: Issue #7
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Issue #7 - 16 November 2019
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Dear colleagues,
It has been another busy month and we are excited to share with you the 7th issue of the FP&A Trends digest.
This edition brings you articles covering the transformative impact of the FP&A function, the necessary skills of an FP&A professional, the main difference between Integrated Financial Planning (IFP) and Integrated Business Planning (IBP) and finally a case study on the replacement of a classical cost-accounting system through artificial intelligence. We will also look into why delivering an effective FP&A function can both be exciting and challenging.
More insights will be shared in the coming months – stay in touch!
Best regards,
Larysa Melnychuk
CEO and Founder
FP&A Trends Group
International FP&A Board
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By Karl Kern
If you have been considering a career in FP&A for a long time but you are not sure where to start, this article may be a great start. It explains where you can acquire skills which are necessary for a successful career in FP&A.
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As the FP&A function is being asked to play a larger role in the strategy and success of the enterprise, Unit4 Prevero released this whitepaper to show you how delivering an effective FP&A function can both be exciting and challenging. Exciting because of the transformative impact and the tools that can radically improve the service you offer to management. Challenging because old business habits are hard to break.
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By Siva Raj Jeyarajah
The world around us is constantly changing. FP&A is no exception. They say “a good FP&A practitioner should wear many hats” – this has never been more true. This article looks at what is expected from modern FP&A practitioners and how to deal with the rise in expectations that are placed on them.
By Dean Sorensen
What’s the difference between Integrated Financial Planning (IFP) and Integrated Business Planning (IBP) and why is this important? This article presents insights which can help you start either in the right direction.
By Stefan Spiegel
In this video, Stefan Spiegel, CFO at Swiss Railway Freight Logistics (SBB Cargo AG), explains how the company shifted from a classical cost-accounting system to an intelligent business simulation engine. Stefan explains how they managed to do this and what the results were.
For more Insights from FP&A Trends, please click here.
If you want to keep on top of the latest trends in modern FP&A and learn from recognised experts in the field, you are welcome to join the FP&A Club LinkedIn group which has more than 8,800 members. It is a global platform for finance practitioners to come together and shape the future of FP&A. We would be glad to see you as one of the active participants at our weekly discussions. You can also find us on YouTube and Twitter.
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