Financial Planning: Key lessons Learned from 2020 and how to apply them

COVID-19 has had a profound impact on the business landscape. Consumer demand has shifted, supply chains have been stretched like never before, and entire sections of the workforce have pivoted to remote work. In some parts of the world, a new normal has started to resume; in others, it seems a long way away.

Many organisations were plunged into crisis management mode when the pandemic hit. Rapidly reforecasting revenues, costs cutting, and bolstering liquidity—all while continuing essential tasks, such as financial close, remotely.

This roundtable will explore: 

• The key learnings from 2020 and how organisations can leverage these as we step into 2021.
• How organisations can create a cohesive view: bringing together bottom-up operational plans with top-down target setting and joining the dots between your stakeholders
• Impact of rolling forecasts – navigating dynamic what-if modelling for top-line, headcount and OPEX, managing liquidity and performance on a rolling basis
• Workforce planning – accounting for an increasingly remote workplace, exploring the impact of potential back to the office goals