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How to Create a Flexible, Agile FP&A Function

Centage

Data Isn’t Enough Clearly, data is an essential tool for businesses looking to navigate everything from the continuing COVID-19 pandemic to evolving economic conditions and setbacks. For truly effective forecasting, businesses and financial departments need to find new ways of assembling and analyzing data.

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How forecast error analysis improves your FP&A process

Centage

Strategies to improve the accuracy of your forecasts Consider the following strategies to refine your forecasting process: Continuous data analysis : Regularly update and analyze data to ensure your forecasts are based on the most current information.

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HP Enterprise Chief Architect On How Hybrid IT Moves Firms Beyond Moore’s Law

PYMNTS

Where once companies spent money to save money and to reduce costs, IT — operating across deep learning structures — it can be harnessed to create economic improvements. The data is more valuable than the process. And many companies, he said, throw away valuable data.

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People, Processes & Technologies: Defining the Tools for Best-in-Class FP&A

Centage

Modern FP&A professionals are charged with providing strategic, data-driven advice that helps leadership make sound decisions in the near and long-term future. Finance teams need to answer specific questions, such as: What will the business look like given the economic climate? Where and what are the risks we need to watch out for?