Category

FP&A

FP&ATechnologyThe NeuGroup Insights Interview
January 26, 2023

ChatGPT, AI and the Future of Finance: An FP&A Leader’s Vision

Baxter International FP&A head Aaron Bloomer shares insights on how FP&A can lead finance into the digital future. The buzz surrounding the OpenAI tool ChatGPT has highlighted the power of artificial intelligence and the potential for AI to bring the future of finance forward—in ways that will further disrupt and transform finance organizations. That’s the jumping-off point for a lively Strategic Finance Lab podcast conversation between NeuGroup’s Justin Jones and Baxter International vice president of FP&A Aaron Bloomer about AI, advanced analytics and the leading role finance…
Justin Jones
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FP&ATechnology
January 5, 2023

Outside In: FP&A’s Role in Leading Finance Transformation

After completing finance transformation initiatives at two companies, one NeuGroup member shares keys to success. Accelerating the finance function’s digital transformation is one of the leading priorities for NeuGroup members heading into 2023, as many corporates seek to overhaul outdated, tactical finance organizations and embrace a more strategic, forward-thinking mindset. But where do you start? For Aaron Bloomer, vice president of global FP&A at Baxter International, the answer was simple: FP&A. “I’m a huge advocate of outside-in thinking,” Mr. Bloomer…
Justin Jones
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Cash & Working CapitalFP&AThe NeuGroup Insights Interview
November 10, 2022

Fresh Takes: Cash Flow, Spending Discipline, Profits and People

Timely insights on liquidity and how finance can add value to the business from Chris Ortega of Fresh FP&A. “Profits are a dream but cash is a reality.” That’s among the timely, on-target insights aimed at CFOs, treasurers and other finance executives in this episode of NeuGroup’s Strategic Finance Lab podcast, which you can hear by hitting the play button below or heading to Apple or Spotify. It’s delivered by Chris Ortega, the CEO of Fresh FP&A, a consultancy focused on finance…
Justin Jones
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FP&ASenior ExecutiveThe NeuGroup Insights Interview
October 6, 2022

FP&A’s Role in Making Finance an Indispensable Business Partner

General Mills CFO Kofi Bruce’s vision of FP&A and finance: NeuGroup’s Strategic Finance Lab podcast, episode 8. In a world with growing volatility, uncertainty, complexity and ambiguity, also known as VUCA, so grows the importance of finance organizations that can accurately see what’s coming down the pipeline, understand how that will impact the company and how to adjust. And the skills FP&A brings to the table are critical to succeeding in that mission. In the latest Strategic Finance Lab podcast episode,…
Justin Jones
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Cash & Working CapitalFP&AThe NeuGroup Insights Interview
September 22, 2022

Keys to Cash Flow Sustainability: Fresh FP&A’s Chris Ortega

An expert’s take on why managing cash burn and liquidity today is more critical than ever for finance organizations. In a video clip you can watch by clicking here or hitting the play button below, recognized FP&A authority and influencer Chris Ortega shares valuable insights on why treasurers, leaders of FP&A and CFOs managing risk in this time of economic and market volatility need to be “laser-focused” on building paths to cash flow sustainability and optimization. Mr. Ortega today is leveraging his extensive background…
Justin Jones
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FP&ASenior Executive
August 11, 2022

Business Partnering Must Be a Full-Time Job

To prepare for increasing demand for business decision-making support, FP&A needs to review its business partnering model. When the business landscape is foggy, FP&A shines. Facing a period of economic and market volatility, FP&A leaders are preparing to provide more hands-on support to the business: A recent survey of NeuGroup’s Mega-Cap and Large-Cap FP&A peer groups showed that 100% of members anticipate (or are already sensing) a rise in demand for help from business leaders. Operational leaders are going to ask a lot more…
Justin Jones
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Cash & Working CapitalFP&AThe NeuGroup Insights Interview
July 28, 2022

How the FP&A Team at WM Is Preparing for Recession

Looking back, looking forward: WM’s Eric Davis on how data and analysis guides planning as the economy weakens. How do the best financial planning and analysis (FP&A) teams rise to the current, critical challenge of planning, budgeting and guiding corporate leaders in periods of high uncertainty and volatility as recession fears mount? To answer that question, we turned to Eric Davis, vice president of finance at WM, formerly known as Waste Management. Listen to his response by hitting the play button…
Justin Jones
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FP&ATechnologyThe NeuGroup Insights Interview
July 14, 2022

NeuGroup’s Strategic Finance Lab Podcast, Episode 5: Planning For a Recession: An Interview with WM’s Eric Davis

Step into a lab where innovation and digital transformation empower senior finance executives to become true strategic partners. The likelihood of a US recession is raising the stakes for finance executives whose responsibilities include planning, forecasting and budgeting. And a critical first step to prepare for the future is to learn from the past. That’s among the takeaways from this podcast interview with Eric Davis, a vice president of finance at WM, the company formerly known as Waste Management. Mr.…
Justin Jones
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FP&ATechnology
April 28, 2022

Technology as the Backbone of Change

The importance of harnessing big data and implementing a holistic solution to drive finance transformation and process optimization. The pandemic exposed the deficiencies in many companies’ planning processes and technology infrastructures. As events unfolded at a breakneck pace, FP&A leaders were expected to deliver quick insight to support critical strategic decisions. However, many were hampered by a lack of data visibility and inflexible and suboptimized forecasting and planning processes. According to members of NeuGroup for Large-Cap Heads of FP&A, which met in Atlanta…
Justin Jones
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FP&ATechnology
March 3, 2022

Crunch Time: Extreme Uncertainty Raises the Stakes for FP&A

To become strategic business partners, FP&A leaders must provide data-driven insight to support critical decisions.Like the pandemic, the crisis in Ukraine is forcing companies to rethink their business and financial plans. While the worst financial repercussions of the sanctions are within Russia, the impact of the crisis goes far beyond. Spikes in oil prices and inflation are throwing into question companies’ annual budgets, changing forecasting assumptions and making it imperative that FP&A realizes its potential as a strategic advisor to the…
Justin Jones
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