Archives

  • How Large Firms Reduce FP&A Costs and Boost Productivity
    Companies are spending less on their finance departments than at any time since the recession, according to a new study. This has profound implications on FP&A groups as well.
  • 7 Tips for Designing an Effective Dashboard for Management
    When using graphics to create management reporting dashboards, FP&A professionals must tailor the images to their audience. How that’s done depends on the objective of the message.
  • FP&A Roundtable: Practitioners Talk Strategy and Success
    What is FP&A’s role? That was perhaps the key question participants pondered at a FP&A roundtable held at the recent AFP Annual Conference.
  • November FP&A Newsletter: 20 Data Visualization Tips
    The November issue of the FP&A newsletter is full of advice from your peers, including 20 steps to improve data visualization, seven tips for better rolling forecasts, three ways FP&A can improve comm
  • FP&A: 7 Tips for Designing an Effective Dashboard
    When creating reporting dashboards for management, FP&A professionals need to tailor the images carefully. Here are seven tips from practitioners and experts on how to construct an effective visual da
  • Business Intelligence and Analytics: How to Use BI
    There is a common confusion among financial professionals about exactly what business intelligence (BI) is. A failure to grasp the concept and utilize it effectively can undermine a financial planning
  • Rolling Forecasts: 7 Factors for Success
    The concept of a rolling forecast is a hot topic in FP&A. Many companies attempt to implement it, but not all of them are successful. During the latest meeting of the Geneva FP&A Club, practitioners d
  • 5 Ways to Improve Your Forecast & Avoid Walgreen-Like Errors
    There are ways companies can future-proof their forecasts -- by switching to rolling forecasts that adjust to changes in market assumptions and risk-adjusting their forecasts to events that may affect
  • London FP&A Club: Why Data Visualization Matters
    Data visualization is a powerful tool for FP&A—but practitioners must remember that different corporate audiences have different preferences.
  • When Perfect isn’t Available: Finding the Best FP&A Talent
    Financial planning and analysis (FP&A) requires a unique set of skills, and it’s rare to find one person who encompasses all of them. How do you single out the best candidate to fill an FP&A role?
  • With Spinoffs Nearing $2 Trillion, FP&A Takes Center Stage

    Firms have sold or spun off $1.6 trillion worth of subsidiaries and business lines this year, and that is putting financial planning and analysis t

  • October FP&A Newsletter: 3 Ways to Improve Forecasting
    Does corporate culture really matter to financial planning and analysis? Yes, and FP&A expert Bryan Lapidus exp
  • Case Study: Etihad Transforms Forecasting, Cost Modeling
    Improving forecasting and cost modeling analysis is critical but difficult. Here's how Etihad Airways achieved this task.
  • How a Strong Culture Benefits Finance Professionals
    Implementing a strong model culture produces better calculations, fewer errors and increased collaboration among team members. It can also help you keep your job.
  • Moonlighting: FP&A Director Gains Insights as Interim Controller
    What's it like to hold management positions in FP&A and accounting simultaneously? An FP&A director for a Fortune Global 2000 company tells his story.
  • Fortune 1000 Companies Buzzing over FP&A Certification
    Last month, AFP’s Brian Kalish met with financial planning and analysis professionals in New York and Omaha, Nebraska. One message was clear: practitioners are interested in the FP&A Certification.
  • September 2014 FP&A Newsletter: 7 Forecasting Lessons
    In the wake of the Walgreens forecasting debacle, FP&A newsletter asked seven financial planning and analysis professionals to share their advice on what they learned from the episode.
  • VIDEO: The Value of the FP&A Certification
    Juan Arangote, FP&A, CPA, CMA, Manager of Financial Planning & Analysis for the Greater Toronto Airports Authority, discusses preparing for the Certified Corporate FP&A Professional exam, as well as w
  • Expert Reveals Crucial Skills FP&A Professionals Need to Thrive
    The FP&A professionals of the future won’t be in the business of providing just numbers. They’ll be giving clients—internal and external—information that matters to them, solves problems, and helps th
  • BI & Analytics – FP&A Functions Need to Invest
    FP&A professionals understand that they need better business intelligence (BI) and analytics to substantially improve their ability to have a profit impact. So why aren't companies  investing in BI an
  • Financial Modeling: Painting the Future
    Contrary to its name, financial modeling is neither purely math nor finance. For a model to be effective, precision financial calculations and accuracy of the principles are not enough and are only pa
  • August 2014 FP&A Newsletter
    The August issue features a case study of how the financial planning and analysis team at Edward Hospital and Health Services improved its reporting process. Plus, new editorial advisory board member
  • Why FP&A Should Lead Enterprise Analytics Efforts
    FP&A professionals traditionally oversee the budgets, perform business planning, and provide financial insights to management. It is time for FP&A professionals to spend more time and effort emphasizi
  • VIDEO: Being Part of the FP&A Inaugural Class
    Eric Smialek, FP&A, Senior Financial Analyst for Neustar, discusses his experience becoming part of the first class of Certified Corporate Financial Planning & Analysis (FP&A) professionals.
  • VIDEO: Why Become a Certified Corporate FP&A Professional?
    Todd Peterson, FP&A, Senior Financial Analyst for AARP, discusses why he wanted to be part of the first class of Certified Corporate Financial Planning & Analysis (FP&A) professionals.
  • VIDEO: Taking the Certified Corporate FP&A Professional Exam
    Travis Lockhart, FP&A, CTP, Manager of Financial Planning & Analysis, IMC, discusses his experience preparing for and taking the Certified Corporate Financial Planning & Analysis (FP&A) Professional e
  • July 2014 FP&A Newsletter
    A new survey of financial planning and analysis professionals reveals widespread frustration with current software and hardware options. Elsewhere this issue, an interview with the new CFO of Booz All
  • Case Study: FP&A Team Upgrades Reporting
    Many of the organizations that are upgrading their FP&A functionality are doing so through larger systems designed for complex reporting. One such organization is a Chicago-area healthcare provider th
  • FP&A Pros Reluctantly Embrace Technology
    Financial planning and analysis professionals widely use Excel and technology systems to do their jobs, but nobody is particularly happy about it. That was the theme survey respondents kept repeating
  • AFP Releases New Guide on FP&A Organizational Structures
    The AFP Guide to FP&A Organizational Structures: Trends & Best Practices, sponsored by Wdesk, explores the various approaches to an FP&A organizational structure. The guide provides an overview of dif
  • 19 Actionable Spreadsheet Tips for FP&A Professionals
    If you’re a financial planning and analysis professional who is not a skilled spreadsheet user, you can’t do your job effectively. Here are 19 tips that will make you a faster and better spreadsheet u
  • BI & Analytics: Key Tools for FP&A Professionals
    The role of the FP&A professional encompasses such activities as planning, forecasting, budgeting, controlling, variance analysis, scenario analysis, communicating goals and results, and decision supp
  • June 2014 FP&A Newsletter
    AFP is pleased to officially launch its Certified Corporate Financial Planning & Analysis Professional (“FP&A”) credential, the first accreditation specifically for FP&A professionals. Also this issue
  • Unified Field Theory: Making the Case for FP&A Standards
    Organizations lack widely accepted FP&A standards and principles, and the range of inputs and methodologies can lead to widely varying results that can adversely impact strategic decisions. In respons
  • AFP Launches Certified Corporate FP&A Professional Credential
    AFP has officially launched its Certified Corporate Financial Planning & Analysis Professional (“FP&A”) credential, the first-of-its-kind certification program specifically for FP&A executives. The l
  • Perspective: What One Exec Learned in 28 Years in Finance
    David Axson, a managing director in Accenture’s Finance and Enterprise Performance practice, will bring nearly 30 years worth of global finance and consulting experience as a keynote speaker at AFP’s
  • May 2014 FP&A Newsletter
    The terms “analytics” and “business intelligence” are frequently used in FP&A circles. But just how different are they? Also this issue: why FP&A must measure its own ROI. Plus, the newsletter introdu
  • Where Do Finance Executives Find Top FP&A Employees?
    Despite the critical role that FP&A professionals play in today’s business world, 64 percent of C-level executives report that the FP&A role is the hardest position to fill, according to a recent APQC
  • Why FP&A Groups Must Measure Their Own ROI
    FP&A teams rarely turn the table and evaluate themselves, but you should consider it a new challenge. Knowing your worth—the quantifiable impact your FP&A team has on the company—could unlock new oppo
  • Analytics and Business Intelligence: One in the Same?
    Applying analytics is now mission-critical due to increasingly thinner margins for decision error. Yet analytics often is confused with business intelligence, or BI.