The Ledger

Curated content for
analytical business leaders

FP&A Trends: 3 Ways to Organise FP&A Teams: The Pros and Cons

In general, there are three typical ways FP&A teams are organized – by function, by line of business, or by geography. What’s the best option for your team?

 

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FP&A Trends: Managing Fixed Costs During Uncertainty

When looking to reduce fixed costs, Karnawat suggests investigating these expense categories:

  • Payroll and benefits
  • Supplier relationships
  • Outsourcing
  • Cost of operations and value creation
  • Culture

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McKinsey: Overcoming the Core-Technology Transformation Stalemate

“Which approach describes your digital transformation? “Repaint” by making the minimum investment required to maintain existing operations and digital channels; “renovate” through gradual but persistent upgrades of the core and more substantial improvements when necessary; and “rebuild and replace,” by building or buying a completely new IT stack (or large portions of it) and migrating the existing business to it. As companies progress on their transformation journey, they may switch from one archetype to another.”

 

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SF Magazine: A Data-Driven Approach to the Pandemic

“It has never been more urgent for businesses to adopt data analytics. Insights from data analytics are required to surpass, or, in some instances, merely remain on par with, competitors. Companies leveraging data analytics in response to the pandemic have already progressed along the path to digitization by establishing a data ecosystem—the infrastructure, applications, and analytics needed to drive business intelligence, generate insights, and inform strategic decision making.”

 

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