At the third FP&A Board Connect, Lukas Herbert shared a business case study on Zero-Based Budgeting (ZBB).
Developing predictive models, forecasts and scenarios to assess risk and assist decision making is one of a finance department’s most important activities. If finance managers neglect this activity, the company may encounter serious problems.
In the first FP&A Board Connect, Takeshi Murakami, Business Manager to CEO/President at Microsoft Japan, a speaker of the second Tokyo FP&A Board, explains how Microsoft achieved remarkable results by using predictive analytics and machine learning in FP&A.
Imagine you’re a train dispatcher tasked with making hundreds of trains run smoothly every day. They must go through an interconnected network where trains run in a sequence and can’t just pass each other along the route. Suddenly a delay occurs on one of the trains because a door won’t close properly. What do you do?
In this video, Stefan Spiegel, CFO at Swiss Railway Freight Logistics (SBB Cargo AG), talks about the program that they used in SBB Cargo to replace management accounting. Instead of using a classical cost-accounting system, SBB Cargo switched to Intelligent business simulation engine.
Scenario planning is an important technique for a flexible and dynamic FP&A that enhances the decision-making process. In this webinar, Rhodri de Lloyd, FP&A Manager at GoCompare.com, talks about his company journey towards on-demand scenario planning and also shares some lessons learnt.