It’s an unusual time in private equity. Many of their portfolio companies face reduced consumption, lower productivity, and supply chain disruption. Many businesses are unprepared. Swift changes are forcing management to rethink operating models.
Mr. Boyer is a Director of Technology Services at Marks Paneth LLP, a premier accounting firm based in the United States. He shares his expertise on how an EPM solution supports managing economic uncertainty, particularly in times of crisis.
Times of crisis mean uncertainty, both personally and professionally. Anyone who makes "gut instinct" decisions in a hurry isn’t making decisions that are well-informed and carefully considered. In this blog post, we'll look at the importance of agility in FP&A in being able to better manage uncertainties, even during uncertain times.
In this post, we will focus on a term very well known in finance: Financial Planning & Analysis, or FP&A. How has it changed in the Digital Age? Is it possible to expand FP&A outside of finance? How are advancements in technology supporting the expanded, more strategic role of finance? And finally, what is xP&A?