• prevero Newsroom

  • How To Improve Company Performance With FP&A Business Partnering

    Tuesday, 17 October 2017

    Companies are constantly looking for ways to improve their performance and there’s no doubt it’s easier if different functions work together on finding improvement ideas. It’s clear that certain functions execute the ideas while others support on the sideline and manage the outcomes of the ideas. FP&A is such a support function that typically works at the corporate or HQ level with strategic concepts ideally supporting senior leaders or top management even with driving their agenda. So, how can FP&A teams most effectively help their stakeholders improve performance? The answer is Business Partnering and let us expand on that.

  • How You Can Implement FP&A Business Partnering In Your FP&A Function

    Tuesday, 10 October 2017

    In my last blog, we discussed what FP&A Business Partnering is and what you need to focus on to be successful. Now we’ll turn to how to implement the concept in your finance function and more specifically with your FP&A teams. Before we examine some of the implementation options you have it’s important to state that you cannot just send your FP&A team home on a Friday and have them equipped with a new business card on the following Monday with “Business Partner” added to their title. Many finance functions have tried that in the past and none of them - I repeat none of them - have been successful. Being a business partner requires a specific skillset that needs to be added on top of what the FP&A professional is already able to do. Furthermore, specific conditions should be in place to increase the chance of success.

  • Financial Modeling Innovation: The Demand for Financial Modeling Skills reaches new heights

    Wednesday, 04 October 2017

    Have you noticed lately how many finance roles have “financial modeling” listed as a core skill? Financial modeling is now one of the most sought-after skills in today’s corporate world and demand for financial modeling experience continues to outstrip supply! The changes we see in our everyday lives are reflected in the corporate world and the finance industry is no exception.