Association for Financial Professionals updates their FP&A Maturity Model with Version 2.1
The Association for Financial Professionals has released an updated version of its popular FP&A Maturity Model. Version 1.0 was released several years ago and provided great content for all aspiring FP&A professionals. Version 2.1 is now available to be downloaded from their website.
This complete model will guide you when it comes to the following questions:
Where is your organization when it comes to:
- Plan/Forecast Development
- Management Reporting
- Performance Measurement
- Financial Analysis
- Modeling Tool Set
- Reporting
- Analytics
- Data Planning
- Technology and Data
- Business Partnering
- Interpersonal and Communication Skills
- Organizational Design
- Talent Management
Technology alone is not enough to improve FP&A at your organization. It takes the infamous triangulation between People, Processes, and Technology. To that end, technology is a vital component of the strategy as it represents one of these three key pillars.
FinLogic.io is a great alternative technology platform to support your future-state FP&A vision. This FP&A platform offers the most affordable software option globally for similar enterprise-level capabilities able to manage complex planning requirements.