FP&A Archives – Revelwood Knowledge Center
FP&A Archives – Revelwood Knowledge Center

“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


IBM Planning Analytics Tips & Tricks Series This is a guest post from Revelwood’s Shane Bethea. Did you know that there is a new way to edit object settings in IBM Planning Analytics Workspace (PAW)? The Settings editor is new for PAW and gives the system administrator a clear, easy to use interface to modify attributes, security, and properties for objects such as cubes, dimensions, processes, and chores (where applicable). In the background, the Settings editor is still modifying entries … 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


This is a guest blog post from Rob Hull, founder, Adaptive Insights Scramble like hell to pull together a budget. Execute against that budget regardless of changes in the business. Repeat the budget scramble in 12 months. If your corporate planning process still looks like this, then you’re likely stuck in static planning. By that I mean a planning, reporting, and analytics process that’s siloed, largely manual, almost always built around spreadsheets, and constrained by limited insights into the operations … Read More


VIEW MORE ARTICLES >


12

Never miss another post.

Sign Up for Our Newsletter.