Brian Combs, Author at Revelwood Knowledge Center
Brian Combs, Author at Revelwood Knowledge Center

FP&A Done Right Series While this may be an old concept, the Fixed Forecast Dilemma still holds true today. Not too long ago, this was a fairly arduous task, even if you wanted to undertake it. This is now primarily a mindset change because today’s planning, reporting and analytics systems make this task much easier than in the past.  Artificial Wall We create this disconnect between current year and next year – in our minds as well as in our … Read More


FP&A Done Right Series I have seen the extremes of the Finance/IT relationship during my career as an FP&A professional. When I first started navigating the Finance space, any and all systems were ‘owned’ by IT. That’s simply how it was. There was this love/hate relationship between the two and we each thought of the other as a necessary evil. We learned to live together but there was this constant tug-of-war over the constraints of the project management triangle; time, … Read More


“Why?” “Why?” “Why?” “Why?” “Why?” It’s maddening, right?  We’ve all been there. Every time you answer a question, another one is immediately fired back. Thankfully, my two sons have grown out of that stage. I, however, have not. If you were to ask me to list the traits of a great FP&A practitioner, Intellectual Curiosity would be at the top of the list. Without that, you simply become a task doer. While “doers” fill a very important role, your entire … Read More


Seems simple enough, right? Not by a long shot. One of the two big C’s you must be prepared to facilitate is Change (Communication is the second one). I love change. I’m not talking about change simply for the sake of change. We all know there is enough of that. I’m referring to the change that comes about once you recognize that something is missing from your processes. When you realize there is a better, more efficient way to achieve your goals, step up and make the change happen. Be a Change Agent. Read More


FP&A Done Right Series “That’s the way we’ve always done it.” “I don’t know, we just send it to them every month.” AHHHHHH! Stop it!  When I get that response; it is like fingernails on a chalk board to me. It sends shivers up and down my spine. FP&A needs to add value at every step of the process. Focus on the up- and down-stream impacts of everything you do and make sure you understand the intent behind what you … Read More


FP&A Done Right Series Current Location. Destination. That’s it. That is all you need to provide your favorite mapping app for it to create a route. No current location? You will not know where to begin or how long it will take to get there. No destination? You will drive aimlessly with no end in sight. Your finance transformation or business process improvement is no different. We all recognize the need to determine our future state. But you also need … Read More


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