29min chapter

FP&A Today cover image

For the Love of FP&A: Christian Wattig

FP&A Today

CHAPTER

Evolution of FP&A Teams and Importance of Strategic Value Creation

The chapter explores the progressive stages of development in FP&A teams, moving from a data-focused approach to becoming strategic value creators. It emphasizes the significance of understanding operational metrics, standardizing data, and fostering effective partnerships across departments. The narrative also discusses the impact of automation, machine learning, and generative AI in transforming the role of FP&A teams towards strategic advisory and decision-making.

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