The 10 commandments of FP&A
Here at Apliqo, the FP&A process is at the heart of what we do and so in this post, we thought we’d share our 10 commandments for what strong FP&A execution looks like. While somewhat tongue-in-cheek, there’s a lot to be gained from getting these things right. Now, without any further ado, onto the ten commandments.
Carbon Emission Budgeting: Where FP&A solutions can play an important role
We’ve come a long way in terms of sustainability and whether it’s social pressure, regulatory intervention, or a combination of both – companies worldwide are starting to grapple with their impact on our environment. Specifically, there’s a push to reduce carbon emissions and lower carbon footprints to arrive at more sustainable business practices.
What does a weakening pound mean for your company?
Liz Truss has had a remarkably tumultuous start to her tenure as prime minister. Just a few days into taking office, the country lost its longest reigning monarch Queen Elizabeth II which certainly rocked morale as the entire United Kingdom grieved.
What we can learn about concentration risk from the impending European energy crisis
Russia’s recent decision to block access to its highly important gas line has caused tremendous distress across Europe due to the radical impact it has on the continent’s ability to produce power for its people. As winter approaches, this is likely to cause widespread energy shortages that will take their toll on citizens across multiple countries in a crisis that might be one of the most severe seen in recent memory.
Evaluating how 3 different inflation scenarios can impact your business performance
As we enter a period of recession and higher-than-normal inflation, everyone is scrambling to identify how it might affect their businesses and what they can do the manage the impact. This is a challenging exercise because we don’t really know how persistent this inflation will be and what ancillary effects might come as part and parcel of the macroeconomic shock. As such, companies should be preparing for all scenarios and that’s where a sophisticated FP&A tool like Apliqo FPM can be so useful.
5 reasons why a great user interface can make a difference to your FP&A workflow
In the world of financial planning and analysis, we’ve long been hamstrung by financial products and tools that, while powerful, can be somewhat clunky to use. Traditionally they’ve taken lots of time and training to move through the learning curve and the sheer complexity has meant that the user experience has been deprioritised and the functionality has been front and center.
A sophisticated, unifying FP&A tool is more important than ever
If you were to chart the changes in accounting and financial reporting regulation over the past 20 years, you would see a staggering increase in complexity. In what was already a highly-regulated industry, we’ve seen further administrative and structural obstacles placed in front of large corporations that are supposedly there to protect the integrity and accuracy of financial information – for the good of the stakeholders.
How FP&A solutions can help organizations deal with supply chain challenges
One of the primary economic themes of the past couple of years has been a reckoning in terms of how global supply chains perform in the midst of turmoil. For most of our economic history, there has been a steady increase in globalization over time with key players specializing in various products and services – and then exporting those all over the world. Countries stopped a vast majority of their local production because they could get those goods cheaper and of better quality from elsewhere.
Unleash the Power of Integrated Planning
There’s a famous quote from Mike Tyson that says: “Everyone has a plan until they get punched in the mouth.” This is often how we feel when we try to make plans for our business. It looks great on paper and everyone thinks that they’ve built in enough margin for error – and then the circumstances change again and you’re back at square one. It can be very frustrating, we know, but there are ways to mitigate this risk and to improve the overall accuracy of your planning endeavours.
You shouldn’t need a technical background to operate an FP&A tool
If you look back at the history of most Financial Planning and Analysis systems implementations, you’ll see a software development lifecycle that became very complicated very quickly. As the concept of a functional, dynamic database became more accepted within the community, we saw more and more advanced tools being built to take advantage of that […]
