Read our new buyer’s guide, Financial Planning Solutions: A Buyer’s Guide.

Get the Guide
As the role of CFO continues to become more strategic and collaborative, CFOs are expecting their teams to follow suit. As such, many finance leaders are requiring their teams to broaden their understanding of other functions and pushing them to communicate and collaborate more effectively, both internally and externally. According to our studies, collaborative work now consumes a significant portion of the finance team’s week.
687 Views
Modern planning is a team sport 

As the role of CFO continues to become more strategic and collaborative, CFOs are expecting their teams to follow suit. As such, many finance leaders are requiring their teams to broaden their understanding of other functions and pushing them to communicate and collaborate more effectively, both internally and externally. According… Read More

Instead of working closely together to plan and forecast, finance and business resort to negotiations that can involve high levels of conflict. Why is this, and how can it be changed to strengthen collaboration between finance and the business—and therefore transform FP&A?
791 Views
How to Strengthen Collaboration Between Finance and the Business

  Many companies suffer poor communication & collaboration between financial and non-financial groups. Learn how finance can engage operations in planning. Many companies suffer from poor communication and collaboration between financial and nonfinancial managers. Operating managers don’t have sufficient input or buy-in to the financial planning process, and they aren’t educated… Read More

And this demand is only expected to increase. In one popular Workday Adaptive Planning survey, CFOs predicted that the time spent by the FP&A team on strategic tasks will double—to as much as 50%. To show that you’re ready to take on more strategic responsibilities, start by demonstrating that you can make smart decisions. Developing these three skills will help you highlight your potential—and get picked for the next promotion.
853 Views
Stand out as a strategic FP&A thinker

You stay late to meet your deadlines. You triple-check your reports to keep them error-free. You turn around one-off requests at the drop of a dime. But you still haven’t gotten that big promotion. That may mean there’s a disconnect between the work you’re doing and the work your boss… Read More

Integrating a rolling forecast rather than relying on a static annual budget allows businesses to increase their agility and more accurately define their paths forward
2617 Views
Laying the groundwork for business agility

Manual, spreadsheet-based planning may have worked well enough in a more predictable age. But today? Not so much. Volatile conditions demand a smarter approach to financial planning and analysis (FP&A), and more and more finance professionals are discovering that legacy planning processes don’t let you go there. It’s not that spreadsheets aren’t… Read More

Stop missing opportunities or wasting money by over- or under-utilizing the existing team. The best businesses develop capacity flex—the ability to rapidly increase or decrease staffing levels or to shift quickly from one project to another. Here’s how professional service organizations can cultivate this superpower:
881 Views
How to get your rolling financial forecast just right

In today’s fast-paced, disruptive business environment, constant change is a given. And CFOs need a flexible, forward-looking financial plan to effectively navigate the volatility and uncertainty. But many companies are still relying on projections that are only updated annually and often with consolidated spreadsheets. This makes it difficult for business… Read More