Being agile requires a review of what you do (or choose not to do) to ensure you are adding value and moving toward your goals.
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FP&A IN FOCUS HEADER JULY 2022
What Agile Means for Finance

What Agile Means for Finance: Key Takeaways from the AFP FP&A Series

Being agile requires intentional review of what you do (or choose not to do) to ensure you are adding value and moving toward your goals. This means regularly reviewing organizational practices, roadmaps to navigate uncertainty, and methods of work that lead to removing barriers for an empowered workforce.

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Elevating Finance Knowledge for Non-Financial Partners

When the Head of FP&A first arrived at an air navigation services company, he was tasked with re-energizing an FP&A function that had diminishing influence. By taking a proactive approach to demonstrating FP&A’s capabilities and raising the financial acumen of non-finance teams, he restored FP&A’s role as a business partner.

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Overcoming Technical Debt to Enable Agility

Just like financial debt, technical debt can build up over time, with the costs of repayment compounding the longer time passes. As technical debt grows it becomes a huge obstacle to achieving agility within finance: The cost to maintain the old legacy systems and workarounds grow, yet automation and transformation become increasingly difficult, risky and expensive to implement.

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The Time to Apply is Now

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