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2804, 2019

Business Partnering between Finance and Data Management through Driver-Based Modeling and Data Lineage

By |April 28th, 2019|Comments Off on Business Partnering between Finance and Data Management through Driver-Based Modeling and Data Lineage

In this article I would like to talk about one possible area where cooperation between FP&A and Data management professionals can deliver mutually beneficial results. This area combines two independent concepts from FP&A and Data Management: driver-based modeling and data lineage...

804, 2019

Scope your Data Management Initiative by Using Critical Data Elements

By |April 8th, 2019|Comments Off on Scope your Data Management Initiative by Using Critical Data Elements

Recently, the concept of critical data has caught the attention of a lot of data management professionals. I myself was no exception, so I decided to dive deeper into this subject and do some research. In this article, I would like to share some results of my research and my experience with definitions of critical data and critical data elements (CDEs), reasons to use CDEs and key...

303, 2019

What Does Data Management Have in Common with… an Orange?

By |March 3rd, 2019|Comments Off on What Does Data Management Have in Common with… an Orange?

The analogy of an orange and data management (DM) models came to my mind when I was writing about my analysis of well-known data management metamodels and different maturity models of data management. The orange symbolized my attempts to...

1612, 2018

Data Management Maturity Models: a Comparative Analysis

By |December 16th, 2018|Comments Off on Data Management Maturity Models: a Comparative Analysis

In data management (DM), we have a plenty of data management maturity models, the most well-known are: DAMA-DMBOK, DCAM, CMMI CERT-RMM (Data Management Maturity Model) by CMMI, and a few others. When I look at all of these models...

1212, 2018

FP&A Partnering: 7 Tips for Better Communication with Your Business Partners

By |December 12th, 2018|Comments Off on FP&A Partnering: 7 Tips for Better Communication with Your Business Partners

FP&A needs to increase its value for the business and the way to do it is through of business partnering. In this article, I would rather like to address a few practical challenges, the following two in particular: who are FP&A business partners, and how we, FP&A professionals...

912, 2018

How to “Sell” Your FP&A Value Proposition Successfully

By |December 9th, 2018|Comments Off on How to “Sell” Your FP&A Value Proposition Successfully

Why does a company need FP&A, and what value does it bring to the business? I will discuss some insights which I have gained from looking at it from the perspective of the business canvas model, primarily used in Business Architecture...

1111, 2018

Let’s Build an FP&A Team!

By |November 11th, 2018|Comments Off on Let’s Build an FP&A Team!

The role of FP&A in business has changed drastically during the past few years. ‘Strategic advisor’, ‘change agent’, ‘business partner’ : these terms are very characteristic for the new trends that are arising in the world of FP&A. The subject of building an effective...

1207, 2018

What Keeps CFOs Awake at Night? Data Management in Finance.

By |July 12th, 2018|Comments Off on What Keeps CFOs Awake at Night? Data Management in Finance.

Nowadays a lot of concerns in business environment are focused around data. There are several drivers for that, such as regulations (e.g. GDPR), the growing amount of data, new technologies in data processing and analysis etc.

602, 2018

Data-Driven FP&A: the Tip of the Iceberg

By |February 6th, 2018|Comments Off on Data-Driven FP&A: the Tip of the Iceberg

Part 3 of the 'FP&A and the three-headed serpent' series. The data you deal with, is the tip of the iceberg. The major part of data processing is the part that is hidden beneath the water. And this is also the place of origin of all the data quality issues. You do not have...

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