Reconciling Finance with HR

Organisations that are not adequately resourced cannot grow revenues and compete in the market to achieve their full potential. That is why Finance and HR will always be inextricably linked. Integrated business planning brings data from both together in a single source of truth to drive decisive planning. Read this report to learn how strengthening the partnership and feedback loop between Finance and HR can save time and resources for your business.

The Collaboration Between Different Functions and FP&A

By Renato Rossetti

Effective communication and collaboration between functions are vital to an organisation’s success. Although interconnected, each function will usually have its own objectives. Read on to discover some of the best practices organisations should remember to ensure effective cooperation between departments.

How Finance Can Frame Better Strategy for the Business

By Douglas Yeung

Much like the conductor of an orchestra, the finance team observes the different functions playing their parts and ensures that they perform as one to achieve the best results possible. Finance can use its core competencies to frame various strategic insights for the business to assess. In his blog, experienced FP&A professional outlines how Finance can frame a better strategy for your business.

FP&A’s Push to Transform from Cost to Collaborator

By Ken Fick

For the majority of companies, one of the main points in the agenda is to transform their FP&A model, increasing collaboration between the finance team and other departments is the most common end goal. Why is that? Is it because when Finance is involved, better decisions are made, costs are controlled, and growth initiatives are enacted? In this article, the author lists three common traps and five tips to help you increase collaboration between Finance and other parts of your organisation.

Video: Key Steps for Implementing a Continuous, Collaborative and Connected Capital Planning Process

By Joao Almeida

70% of change programs, regardless of their scope, fail to achieve their goals. So, what strategies work in maturing a capital planning agenda? How can FP&A professionals be prepared for typical pitfalls when planning a business’s journey to implementing improvements in capital planning? In this short video, the CFO of Hub Terminals at A.P. Moller-Maersk shares his recipe for success in improving capital investment practices and harnessing technology to improve forecasting accuracy by 50%.

For more resources on Collaborative FP&A, please click here.

Have Your Say and Help Shape FP&A!

As you’ve seen in this digest, identifying and gathering data on trends is essential for equipping FP&A professionals to face today’s challenges. The FP&A Trends survey plays a vital role in doing just that – and it can only happen with your help.

Take a few moments to share your thoughts and experiences, and complete this important international survey. Your contributions will help us to create a detailed picture of FP&A and its evolution across the world. Completing the survey takes just 10-12 minutes and entitles you to be among the first receiving our comprehensive report in July 2023.

Key FP&A Challenges and How to Address Them

FP&A function has become more strategic and influential over time, guiding organisational performance and supporting the decision-making process. However, there are still many challenges faced by FP&A in turbulent times that can reduce its effectiveness.

Register for this webinar to find out how to overcome and harness benefits from these upheavals, improving the effectiveness of your FP&A function.

Digital FP&A: Deploying AI/ML for Planning, Budgeting & Forecasting

Amid threats of recession, banking collapse, an increasingly tight labour market and rising rates, organizations have heightened their focus on efficiency and profitability. FP&A teams have been asked to do more with less, fueling a desperate search for productivity. This session will focus on how FP&A teams can take advantage of AI and machine learning technologies to drive faster cycle times and foster increased agility.

Join this webinar o hear some practical insights from senior practitioners and thought leaders on the subject.