You often read about one of the biggest business challenges: different business units working in silos. Business partnering is considered one of the means for overcoming it. Last week I found an excellent example of...
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...
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...
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...
...or thoughts on the optimization of the FP&A value proposition. Imagine you have 3 minutes to explain to a six year old what FP&A is and what place it takes in a business ecosystem. Tough, isn’t it? Once I came up with an analogy of...
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...
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...
Part 2 of the 'FP&A and the three-headed serpent' series. There are three main challenges that FP&A currently dealing with. Data is the first component and is the blood of the whole process. Nowadays, everyone is talking about...
Part 1 of the 'FP&A and the three-headed serpent' series. How far can you go with improving your FP&A practices? Recently, I have encountered a paper by Prophix where the authors are...
Finance analytics software is the topic of this article. Once in a while, I spot interesting discussions on Advanced Analytics [...]
