This paper evaluates the transition process, and the challenges organisations may encounter when embracing the Scenario Management ecosystem, with a particular focus on the practical steps involved.
In this article, we will explore why and how Scenario Planning can significantly benefit financial forecasting. We will also discuss its advantages and shortcomings.
This year, responses were gathered from 385 finance practitioners, covering companies of all sizes, from all regions, and industries.
Both Scenario Planning and Rolling Forecasts are essential in becoming more agile and resilient. However, there are many myths and misconceptions about these processes. This FP&A Circle debunked these myths.
The author considers several prerequisites to successful Scenario Planning and financial modelling in this article. She also explains how to avoid pitfalls in financial modelling.
Scenario Planning is a common topic among FP&A professionals and the software and services vendors who support them. However, the mechanics of scenario modelling is the layer that diehard modellers want to understand and operate within. This article explores the most common techniques used for financial scenario modelling.