FP&A Trends Digest: Issue #8
Issue #8 - 14 December 2019
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Dear colleagues,
The 8th FP&A Trends Digest is already here! This time we will look into how FP&A can create value and what is needed to improve the budgeting process.
We are also excited to share with you a recording from the “Power of Driver Based and Predictive FP&A” webinar.
This is the last FP&A Trends Digest in 2019. It was our pleasure to keep you updated with the latest insights during this year. We wish you a happy and joyful new year and look forward to seeing you in 2020.
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 Andrew Jepson
There is a stereotype that the main goal of a finance department is to provide information rather than real insight and understanding. FP&A has a chance to eradicate this belief. The question is “how?” Andrew Jepson provides a step-by-step approach on creating value.
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By Gary Cokins
Budgeting is possibly one of the least favourite processes in business. In this article, Gary Cokins lists several reasons for this and also suggests a solution to solve the budgeting conundrum.
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By James Myers
One of the strengths of FP&A is its ability to drive value in an organisation. Therefore, FP&A professionals must focus on three main areas – strategy, business and data. A good understanding of these areas will enable FP&A to guide organisations through uncertainty.
Both driver-based planning and FP&A predictive analytics are essential tools for the implementation of flexible and dynamic planning and forecasting processes. Watch the webinar recording to find out more about the future of FP&A predictive analytics and driver-based planning. At the webinar insights were shared by Alex Beired, Global Director of FP&A at Guardian Industries, and Scott Stern, Global Director of Finance Solutions at OneStream Software.
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 9,100 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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