Join us in defining the future of FP&A!

FP&A Trends Group is launching the 7th Survey to analyse up-to-date issues affecting the performance of FP&A departments and deep dives into the evolving role of Financial Planning & Analysis.

Your contribution will help us understand the most crucial challenges within modern FP&A and define what needs to be overcome. In return, we will share the final report with you in July 2023. Therefore, I cordially invite you to spend 10-12 minutes completing the FP&A Trends Survey 2023. Sharing this questionnaire with your network is highly appreciated.

FP&A Trends Survey 2022: How Technology Advances FP&A to the Role of Strategic Advisor

In our previous FP&A Trends Survey, we emphasised the need for FP&A to shift into the strategic advisor role to influence decision-making and discovered how FP&A departments can operate and thrive in the “brave new world” of business. We conducted this survey when organisations were looking to recover from the pandemic. This paper has gathered insights from 375 participants engaged in the finance function across a diverse set of industries around the globe.

The Evolution of Scenario Planning

By Michael J. Huthwaite

Uncertainty does not have to be perceived as a threat. Organisations capable of executing a winning plan should view it as an opportunity. In this case, Scenario Planning can help us navigate the waters. Yet, despite all the technological advancements, we are still stuck in the past regarding the evolution of Scenario Planning. In this article, the Director of Product Management, Intelligent Reporting at Walmart, investigates where we are in the functional evolution of Scenario Planning and where we need to go to make this approach a mighty force for mitigating uncertainty.

Modern FP&A and The Power of Scenario Planning

By Larysa Melnychuk

In the modern business environment, Scenario Planning is the approach that allows us to make decisions based on accurate data quickly. Clearly, this is not a new method, as Scenario Planning has been used widely for years in many strategic planning processes. However, now Scenario Planning is changing and becoming more critical to effective modern FP&A. In this article, I explore the evolution of Scenario Planning and how businesses can move from traditional forecasting to scenario-based planning with practical examples from leading companies such as GoCompare.com and Microsoft.

Video: Ecolab Case Study on Scenario Modelling in a Disrupted Environment

By Marat Lomakov

Remaining agile in disruptive and inflationary circumstances is a must for success. That is why it is important to anticipate the possible impact of future events on a business in an environment where everything can alter in a week. In this short video, Finance Director, Europe Supply Chain at Ecolab, shares his insights on effective strategies such as the adoption of xP&A and Scenario Planning to help you learn how to address an enormous number of disruptions in a changing business world.

For more resources on Scenario Planning, please click here.

Inside the Crystal Ball: Top 10 Trends Shaping FP&A in 2023 and Beyond

2022 has been the year of high uncertainty and "Black Swans", perhaps more than ever. FP&A teams have been going through massive challenges and transformations. That's why we must understand the top Financial Planning and Analysis trends to watch in 2023 and beyond. Register for this webinar to get the answer to this question from the global panel of senior practitioners and thought leaders.