Where are planning, budgeting, forecasting and reporting heading by 2030?
Which aspect of FP&A agility needs the most improvement for the future?
The FSN's Agility in Planning, Budgeting & Forecasting Survey 2021 reveals a low penetration of modern accounting techniques and uncovers important trends:
renewed urgency to transform post-pandemic, especially for forecasting as organizations want to forecast more often
need to eliminate static spreadsheets for financial reporting as it is slowing down the decision-making process
desire to move to one unified budget model for the whole enterprise, connecting all business functions
lack of digital skills is a growing issue and a major roadblock to transformation
