It’s been a big year for in the world of FP&A, as CFOs responded to a host of new challenges thrown up by new technologies, regulations, and a turbulent global economic and geo-political climate.
With this year’s Innovation Enterprise FP&A awards, held at the Seaport World Trade Center, Boston, we honored those who rose to the mark and innovated their way to the top of their field, awarding prizes to firms you voted as industry leaders in 8 categories.
In the Forecasting & Planning category, the award went to insurance company TIAA-CREF. TIAA-CREF led the way in serving the financial needs of those in a variety of fields, especially those looking to undergo substantial transformational changes - often in the face of an influx of regulations.
The Kini Group, founded in 2002, has seen huge success in its attempts to democratize advanced pricing and margin analytics, bringing it to organizations of all sizes. They won the prize for innovation in ‘Big Data & Financial Analytics’, thanks to their success enabling companies to grow their gross margins through pricing and sales insights discovered with KiniMetrix, their Cloud-based BI and business analytics SaaS tool.
Aaron Fraser presenting the 'innovation in Big Data & Financial Analytics’ award
Hyatt, a behemoth in the hotel industry, took home the ‘Best Practice in Enterprise Risk Management’ award, while NCR Corp won in the ‘Compliance Strategy’ category.
For an unprecedented third year in a row, Host Analytics won in the ‘FP&A Technology Tool of the Year’. Host Analytics have consistently led the way in providing tools that have enabled companies to streamline their budgeting processes while still increasing accuracy, productivity and efficiency.
The award for ‘Finance Transformation’ went to Sysco, which transformed its organization from the inside out, and has subsequently become what the internal business partners need to thrive in an increasingly challenging environment.
Other winners included L’Oreal in the ‘Financial Leadership & Business Partnering’ category, and Toys R’ Us, who took home the award for ‘Integration of Treasury Operation.’