Forecasting During A Period Of Sustained Growth Is An Imperative For Finance Leaders

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Innovation Enterprise would like to introduce the FP&A Innovation Summit coming to London on 19th & 20th of April. Learn how leaders are implementing better forecasting strategies and how they automate their reporting processes.

Finance

The speaker line-up this year is one of the best we’ve had in the six years we’ve run the event, and with more than 100 finance professionals set to attend we’re confident that the ideas we’ve seen generated in the past will be outdone again.

Forecasting is one of, if not the most important responsibilities of finance leaders. Businesses’ decision-making processes rely heavily on forecasts, and getting them right is necessary for a company to be successful.

There are a number of different ways to approach forecasting. Rolling forecasts, a quarterly deep dive forecast, or a quarterly high level forecast with one deep dive forecast during the year are probably the most popular, but it ultimately depends on the kind of industry you are operating in and the nature of your organization.

Rolling forecasts have become particularly popular in recent years because of what they offer to companies during periods of growth. James Butler, Financial Controller at Surf Air, notes that the most important thing to consider when forecasting during a period of sustained growth is having models that are flexible, easy to change and that you can audit. “You will go through tens if not hundreds of iterations of a plan,” he argues, “so knowing what is different across each version is critical, especially those that have been presented to your executive team.”

James will be discussing his experience at the FP&A Innovation Summit this 19th and 20th of April at the Amba London Marble Arch in London. He will be joined by more than 20 industry leading finance executives from a diverse range of organizations, including Prakaash Manivannan, EMEA Controller at Kimberly-Clark, who will add his take on best practices for strategic forecasting and how the finance function is evolving to face forwards. Other speakers include Jennifer Scott, COO of Finance at eBay, Rob Bennett, Head of Commercial Analysis and Planning at Office Depot, and Tony Bridgen, Director of FP&A at HP Enterprise Services, who will discuss everything from forecasting and automation to how to partner with operations.

Maisy Hockey, curator of the event, said: “The speaker line-up this year is one of the best we’ve had in the six years we’ve run the event, and with more than 100 finance professionals set to attend we’re confident that the ideas we’ve seen generated in the past will be outdone again.”

Save your place today by registering online here or by contacting Elliott at ejay(at)theiegroup(dot)com or +44 20 3868 0031

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IE
Innovation Enterprise Ltd, a division of Argyle Executive Forum, is a business-to-business media brand specializing in delivering the most innovative business solutions to executive-level decision makers. Innovation Enterprise produces a range on online and offline content, including, but not limited to, summits, online learning, webinars, and white papers, as well as offering other additional services such as lead generation and bespoke research.

Innovation Enterprise focuses on seven key channels - Finance, Supply Chain, Analytics, Big Data, Strategy, Digital, Innovation & Sports - to ensure that organizations are furnished with all the cutting-edge insights necessary to driving growth in the evolving business environment.

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Lauren Ravary
@IEGroup
since: 12/2008
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