The International FP&A (Financial Planning and Analysis) Board has been developing an FP&A Maturity Model for many years. Many organisations, regardless of size, industry or geography, are now adopting these guidelines to transform their FP&A function.
Moreover, organisations embark on an FP&A transformation with the intent of delivering value to crucial areas including:
- Leadership and culture,
- Data quality,
- Collaboration,
- Key business drivers,
- Driver-based modelling,
- Integrated system implementation,
- Routine automation,
- Real-time scenario planning and;
- Accurate decision making.
Transformation normally includes moving from spreadsheets to technology and a review of people and processes. It requires a clear vision of current to future state and appropriate project management skills to ensure success.
Are you keen to achieve an Intelligent Transformation for future success? Contact us to learn more.
This webinar was conducted by Board International on the 27th of September 2022 and discussed:
- What is the FP&A Maturity Model?
- What is FP&A Intelligent Transformation?
- How to move to the leading state of FP&A Maturity through Process, Data & Analytics, and Technology?
You may also be interested in additional Board International content.
Click here to read the ‘Controllers: Choose Now’ eBook to learn:
- The Controllers’ choice
- The Changing role of Financial Controllers
- Becoming a transformational leader
- Four considerations of change
