FP&A’s Push to Transform from Cost to Collaborator

Most people place FP&A in the Office of the CFO, which makes sense, for many of us have certainly played the role of CFO a time or two. But business partners, strategists and advisors are also not necessarily a perfect fit. This categorisation may change as our roles continue to expand to become the central hub of corporate analytics and reporting.

According to a recent survey by the Argyle Forum, 40% of the companies looking to transform their FP&A model stated that increasing collaboration between the finance team and other departments is the most common end goal. Why is that? Is it because when Finance is involved, better decisions are made, costs are controlled, and growth initiatives are enacted? Possibly?

View the full article on FP&A Trends website here.