A groundbreaking survey designed to benchmark current and emerging trends relative to how companies are leveraging technology and empowering FP&A professionals to unlock the strategic value of FP&A.
At one of the previous meetings, The London FP&A Board addressed the technological requirements needed for effective FP&A. The well-known Chatham House anonymised rules were deployed to encourage a full and frank debate.
This article addresses technology in FP&A. In his book "THE INNOVATORS" Walter Isaacson describes two ways of utilizing technology. One way is artificial intelligence, machines thinking on their own. Another way is augmented intelligence, people using machines to help organize information.
After her round of meetings with financial planning and analysis professionals across the globe, Larysa Melnychuk, managing director of the London FP&A Club, returned with plenty of stories and insights about the challenges they face.
The past 5 years have seen significant transformations in the FP&A world. I have been fortunate enough to have travelled extensively and seen these changes. I saw a lot of changes in the FP&A World first-hand: both successful and painful. I met a lot of FP&A professionals – hard working, exciting, inspiring and often burned out.