Brief thoughts on FP&A best practices

  • Translate strategy into tactical plans – strategy should cascade to actions

  • Build flexible models – deliver the numbers to enable data-driven decision-making

  • Identify the connection between operational plans and financial results – monitor progress

  • Have the story behind the numbers – understand the root cause

  • Identify the success drivers and measure them – develop the right KPI

  • Use rolling monthly forecasts – more agile than annual planning

  • Build strong relationships – provide valuable information

  • Headcount growth – determine relative headcount ratios

  • Automate wherever possible – defining your data infrastructure will be key

  • And more…

For further discussion and how these can be implemented in your organization, contact me