Financial Planning and Analysis (FP&A) has evolved beyond spreadsheets and static reports, stepping into a new era powered by advanced FP&A tools. In today’s hyper-accelerated business world, where change is the only constant, organisations are looking to technologies like artificial…
In today’s fast-evolving business landscape, finance teams find themselves at the forefront of digital transformation, primarily driven by artificial intelligence (AI) and generative AI like automation. Yet, while technology offers groundbreaking potential, its implementation in finance requires careful leadership, transparency,…
We admit the power of spreadsheets, the user-friendly tool that has been part of our lives for many years. From writing a personal monthly budget to creating a monthly planner for your kids, the spreadsheet has it all. The usefulness…
Planning is crucial. Organisations are grappling with an unrelenting wave of disruption in industries such as electric vehicles, semiconductors, aerospace, and enterprise software. Companies that once dominated their markets can quickly find themselves eclipsed by agile competitors. This dynamic is…
Imagine a world where financial reporting isn’t a tedious, time-consuming ordeal. A realm where stakeholders can effortlessly access the insights they need, from granular departmental data to high-level executive overviews. It’s a vision of self-service, where reporting becomes a strategic…
A survey constructed by Vena in 2021 concluded that out of 175 finance professionals, only 7% were utilising artificial intelligence (AI) in their FP&A processes. Another survey was conducted last year in 2023, and they determined that a full 74%…
In the past, financial planning and analysis (FP&A) used to feel like a completely foreign concept. Nowadays, finance teams are dedicating around 10% more time and resources to FP&A to keep their organisations consistently ahead. Despite this effort, many find…
A solid financial footing empowers manufacturers to make strategic decisions with confidence and bolsters a manufacturer’s creditworthiness, enabling them to secure favourable financing options for future endeavours. With a clear understanding of their financial standing, manufacturers can effectively allocate resources,…
Outdated Tools, Outdated Planning Despite the widespread acknowledgement of planning’s crucial role in organisational performance, the symptoms of outdated planning practices are often subtle and dispersed. Historically, financial and planning departments have relied on tools and technologies that, while initially…
If you have the power to predict your organisation’s future, what will you do? Finance leaders can be the most powerful, leading your organisation to focus on the big value by sprinkling the magic of forward-looking metrics and customised predictive…
