The second Washington, D.C. area FP&A board was held on March 12, 2020 at the offices of Robert Half International in McLean, VA and was sponsored by SAP. It was a smaller board meeting, amidst emerging Coronavirus concerns, but the small size gave way to a lively and timely discussion about the evening’s topic: FP&A Analytical Transformation.
Would you rather be liked or respected? It is a question we often get asked in interviews or from our direct managers about our own style or when difficult decisions need to be made.
In this article, we will look at how driver-based advanced analytics has overcome the problems with the current budgeting process. This is the first article in a series that is devoted to next generation budgeting; specifically, the operational income statement (OIS) and its associated operational budget (OB).
When we talk about performance measurement, KPIs are a common tool. It can be a financial measure or an operational measure. However, in recent years, KPIs seem to have fallen out of favour because it fails as a useful indicator of business performance. Should we abandon KPI? This article looks at the importance of designing and defining appropriate KPIs in performance measurement.
At the sixth meeting of the AI/ML FP&A Committee, Saul Mateos, Finance Director at Coca Cola (previously Senior FP&A Director at Egencia), shared Egencia's journey of using Artificial Intelligence for FP&A.
Finance transformation is high on the agenda for the majority of finance departments. What is driving this? There are a number of push factors that are important.