11 09, 2019

Hey Siri, What’s My Forecasted EBITDA Look Like?

2019-09-12T10:27:58+02:00September 11th, 2019|Categories: Thought Leadership|Tags: , , , , , , , , , |

Even though we have so much advanced technology surrounding us, we still cannot just ask, “Hey Siri, what’s my forecasted EBITDA look like?” There are many reasons why such technology isn't available yet—insufficient data, unstructured data and some human knowledge that is not yet transferable to machine. However, there are many available technology tools that can simplify planning tasks and ...

...
6 08, 2019

How To Revolutionize The FP&A Professional

2019-09-10T11:48:17+02:00August 6th, 2019|Categories: Thought Leadership|Tags: , , , , , , |

The CFO has made FP&A a top priority as previously described, wanting significantly more value from the investments made in this function. To achieve this, FP&A must also do things differently otherwise we cannot expect different outcomes. To do something differently, new skills are needed. You could say we need to revolutionize the FP&A professional. The question is then into ...

...
30 07, 2019

How To Reinvent Your FP&A Process

2019-09-10T11:47:35+02:00July 30th, 2019|Categories: Thought Leadership|Tags: , , , , , |

There has been a lot of talk about changing FP&A processes yet little real action in this area. Budgeting? How many do zero-based budgeting or pure beyond budgeting? Most are stuck doing the traditional one-year budget and five-year plan. Analysis? Wishful thinking. Are you doing what-if scenarios or Monte Carlo simulations or simply just plotting your data in a time ...

...
23 07, 2019

How Technology Will Change FP&A Forever

2019-09-10T11:39:16+02:00July 23rd, 2019|Categories: Thought Leadership|Tags: , , , , , |

You do not have to be a data scientist to recognize the impact of technology on FP&A is and will continue to be significant. If you are still skeptical, have a look at a few blogs written by Lance Rubin where he disrupted his own role. One of the biggest challenges of automation (Robotic Process Automation) and artificial intelligence/machine learning ...

...
18 07, 2019

Why Transforming Your FP&A Matters

2019-09-10T11:38:34+02:00July 18th, 2019|Categories: Thought Leadership|Tags: , , , , , , |

"Transformation!" is the clear message from Chief Financial Officers. To do that we must address the mindset of the entire FP&A team. Operating within your organization's framework, as we discussed in the previous posts, “A Framework for the New FP&A Department”, in this blog series, will frame how your FP&A team carries out this mandate. We asked several Financial Planning ...

...
Load More Posts