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Bridging the gap between FP&A and the Internal Business Partners
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I've built successful relationships through working on business case analyses with clients. I've shown the clients my value by suggesting alternatives that make the business case more favorable.
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You might also want to take a look at this free one hour
FP&A Innovations To Support Organic Growth & Business Strategies:
https://www.proformative.com/events/fpa-innovations-support-organic-growth-business-strategies
Enjoy!
Best... Sarah
I think I have tried discussing this several times on this site so maybe you can read through some earlier discussions. I am very interested in what others are doing as well in this area.
https://www.proformative.com/blogs/anders-liu-lindberg/2012/07/18/now-why-did-i-choose-finance-over-
As a business partner you want to "add value" by providing effective, credible solutions to solve your Internal Customers problems OR enable their business objectives. The most success I had in such roles is when A) learned the business and how to "navigate" value chain credibly 2) collaborated with internal customers AND other business partners or stakeholders (e.g. finance, IT,
The business and finance relationship is tricky, but necessary. The Finance department is responsible for ensuring the company’s cash flow can support Operation’s efforts to meet these customers’ needs. The best way to ensure units are in synch with company goals is to Track Activity (Scorecards, Key Performance Measures) and Schedule periodic Meetings to Discuss Results with senior managers.
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