FP&A Trends Digest: Issue #72
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Issue #72 - 24 September 2022
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Dear colleagues,
I hope this newsletter finds you well.
Modern FP&A helps to manage a company’s value. In a current business environment, this requires great organisational agility.
But in reality, it is hard to achieve FP&A agility if we do not create an eco-system that supports it.
Today’s issue is all about Integrated FP&A, an increasingly crucial framework for planning and forecasting, which can help you to do just that.
Integrated FP&A involves harmonising all three planning processes – strategic, financial and operational – to ensure that uncertainty can be managed in the best possible way.
If that sounds complicated, in this digest we have collected a range of content to make sure you are up to speed with Integrated FP&A. Below you will find an article on aligning financial and supply chain teams; a guide to the steps involved in Integration; an article on closing complexity gaps; a summary of the PPE model; and two video case studies of how Integration can be achieved in practice.
At the bottom, you will find the usual invitations to our upcoming digital events, including one on FP&A Integration.
I hope that this digest can help you find the harmony within your organisation!
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While many believe that collaboration between financial teams and supply chain operations should be easy, it is not. The two groups have different lines of sight, speak different languages, and have very different perspectives on the definition of supply chain excellence. Download this report for practical advice for eliminating supply chain bottlenecks through better cross-functional planning.
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By Simone da Silva Collins
Just like Rome, which was not built in a day, Integrated FP&A is a partnership that needs time and effort to grow and bear fruit. But what is Integrated FP&A? How to achieve it? Read the article by the Senior Financial Controller at Sony to learn more about the winning formula of Integrated FP&A.
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By Dean Sorensen
Research consistently shows that managing complexity is a key concern for global CEOs. And for good reason! The cost of complexity can be significant: upwards of 5% of sales. So how can we leverage innovations in technology to manage complexity more optimally? Read this article to learn more.
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By Manasi Ramanna
There are several good models for strategic planning. In this article, Manasi Ramanna describes the Plan, Prioritize and Execute (PPE) model, which can be used by both large and small businesses. It is also an effective tool for an integrated strategic and financial planning exercise. Read this article to learn more about the three phases of the PPE model and how you can apply it.
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By Bruno Massera
Nowadays, organisational agility often faces a considerable barrier: unaligned top-down and bottom-up planning processes. Why does this gap exist, and how can we bridge it? Bruno Massera, CFO - Middle East at BRF, shares his company’s step by step integration process from 2018 to the present day in this video case study. Bruno walks us through their journey from traditional Excel-based budgeting to modern, technology-driven collaboration between Sales, Operations and Finance.
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By Durga Srinivas Perisetti
Transitioning from a Shared Service Centre to a Centre of Excellence (COE) can be a long and challenging journey. Thankfully, the Director FP&A and Operations Analytics at Juniper Networks talks us through a case study in this video. Durga shares his recipe for success, learned through challenging lessons along the way.
For more resources on Integrated FP&A, 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 the current business environment, surviving requires organisations to be agile. In the language of FP&A, it means that dynamic forecasting is a must. One of the leading companies that successfully evolved from static to dynamic forecasting is Dollar General Corporation. How did they manage to do so? Join us for this webinar to explore the case study on how the company embarked on their remarkable FP&A transformation journey.
How can we harmonise all essential planning processes by going beyond finance to Extended Planning and Analysis (xP&A)? The answer may be Integrated FP&A. A crucial framework for planning in the world of unknown unknowns, Integrated FP&A helps organisations to close the gap between unaligned vertical and horizontal planning processes. Register for this webinar to learn more about FP&A Integration and what is the winning formula of harmonising top-down and bottom-up planning processes.
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