The traditional role of the finance team has long been to report a company's previous financial results, as well as prepare budgets and forecasts based on previous results.
But now that finance teams are taking on increasing responsibility for preparing their companies for the future, and especially for financial planning and analysis (FP&A), CFOs are rethinking what they expect from finance teams in terms of skills and capabilities.
During this Webcast, we'll outline a maturity model for FP&A that CFOs can use to develop finance teams as essential sources of both financial and analytical expertise throughout their companies. We'll discuss:
- How the role of FP&A differs from the role of a traditional finance function,
- What capabilities CFOs will require from finance teams as their responsibilities expand from reporting on the past to informing their companies' decisions for how to prepare for the future, and
- What types of skills, as well as technological advances, are becoming essential to support the emergence of the finance team as a company's overall center of analytical excellence.