The traditional concept of financial planning and analysis needs a makeover. Leading-practice companies increasingly see the finance team as an essential co-pilot on value-creation, rather than simply a functional business team focused on the monthly close and rearview-mirror reporting.
It’s time to broaden finance’s role to business planning and analysis, with the finance team leading the charge on data and analytics for the entire company—and ensuring that digital transformation and growth opportunities are business-led and technology-enabled. Here’re our guide of 5 ways to move from FP&A to BP&A.