<description>&lt;p&gt;In this episode of FP&amp;amp;A Unlocked, host Paul Barnhurst talks with Ben Pierce, General Manager of Workday Adaptive Planning, to discuss the evolving landscape of FP&amp;amp;A, the challenges of planning software, and the future of finance in an AI-driven world. Ben shares his career journey, from semiconductor engineering to leadership roles in the FP&amp;amp;A software industry, and dives into his vision for how AI is transforming the way businesses plan and make decisions.&lt;/p&gt;&lt;p&gt;Ben Pierce is an experienced executive with over two decades of experience in the enterprise software industry. Currently, he leads Workday Adaptive Planning’s global strategy, growth, and innovation efforts. Prior to joining Workday, Ben held senior roles in several companies, including River Logic, Tidemark, and IBM, where he honed his expertise in analytics, financial software, and business leadership. His career has been shaped by his passion for leveraging technology to improve business operations and drive impactful change.&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Expect to Learn:&lt;/strong&gt;&lt;/p&gt;&lt;ol&gt;&lt;li data-list="bullet"&gt;&lt;span class="ql-ui" contenteditable="false"&gt;&lt;/span&gt;Why Ben believes the future of FP&amp;amp;A is in AI and analytics&lt;/li&gt;&lt;li data-list="bullet"&gt;&lt;span class="ql-ui" contenteditable="false"&gt;&lt;/span&gt;The importance of challenging the business with actionable insights&lt;/li&gt;&lt;li data-list="bullet"&gt;&lt;span class="ql-ui" contenteditable="false"&gt;&lt;/span&gt;How to make FP&amp;amp;A tools work for you, not just as a data repository&lt;/li&gt;&lt;li data-list="bullet"&gt;&lt;span class="ql-ui" contenteditable="false"&gt;&lt;/span&gt;What to consider when choosing and implementing FP&amp;amp;A software&lt;/li&gt;&lt;li data-list="bullet"&gt;&lt;span class="ql-ui" contenteditable="false"&gt;&lt;/span&gt;The balance between strategic planning and flexible budgeting processes&lt;/li&gt;&lt;/ol&gt;&lt;br/&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;Here are a few relevant quotes from the episode:&lt;/p&gt;&lt;ol&gt;&lt;li data-list="bullet"&gt;&lt;span class="ql-ui" contenteditable="false"&gt;&lt;/span&gt;"A great FP&amp;amp;A partner doesn’t just provide data, they come to the table with a point of view and push you to do better." – Ben Pierce&lt;/li&gt;&lt;li data-list="bullet"&gt;&lt;span class="ql-ui" contenteditable="false"&gt;&lt;/span&gt;"At the end of the day, it’s not about the tool, it’s about the implementation and how you engage with it." – Ben Pierce&lt;/li&gt;&lt;/ol&gt;&lt;br/&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;Ben Pierce offers invaluable insights into FP&amp;amp;A, emphasizing the need for technology to not only streamline processes but also enhance decision-making capabilities. His advice on selecting the right FP&amp;amp;A tools and the importance of having a supportive implementation partner is essential for any finance team looking to modernize their planning processes.&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Campfire: AI-First ERP:&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;Campfire is the AI-first ERP that powers next-gen finance and accounting teams. With integrated solutions for the general ledger, revenue automation, &lt;/p&gt;&lt;p&gt;close management, and more, all in one unified platform.&lt;/p&gt;&lt;p&gt;Explore Campfire today:&lt;a href="https://campfire.ai/?utm_source=fpaguy_podcast&amp;amp;utm_medium=podcast&amp;amp;utm_campaign=100225_fpaguy" rel="noopener noreferrer" target="_blank"&gt; &lt;/a&gt;&lt;u&gt;&lt;a href="https://campfire.ai/?utm_source=fpaguy_podcast&amp;amp;utm_medium=podcast&amp;amp;utm_campaign=100225_fpaguy" rel="noopener noreferrer" target="_blank"&gt;https://campfire.ai/?utm_source=fpaguy_podcast&amp;amp;utm_medium=podcast&amp;amp;utm_campaign=100225_fpaguy&lt;/a&gt;&lt;/u&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Free Trial of Workday&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;Try Workday Adaptive Planning free for 30 days - &lt;u&gt;&lt;a href="https://forms.workday.com/en-us/sales/adaptive-planning-free-trial/form.html?locale=enus&amp;amp;aud=ada&amp;amp;stage=ce&amp;amp;size=all&amp;amp;pblr=wd&amp;amp;assettype=oth&amp;amp;productfocus=pl&amp;amp;utm_medium=evnt&amp;amp;utm_source=evlv&amp;amp;step=step1_sales_contact" rel="noopener noreferrer"...</description>

FP&A Unlocked

Paul Barnhurst

How To Make FP&A Software Tools Work For You And The Future Of FP&A With Ben Pierce

JAN 15, 202651 MIN
FP&A Unlocked

How To Make FP&A Software Tools Work For You And The Future Of FP&A With Ben Pierce

JAN 15, 202651 MIN

Description

In this episode of FP&A Unlocked, host Paul Barnhurst talks with Ben Pierce, General Manager of Workday Adaptive Planning, to discuss the evolving landscape of FP&A, the challenges of planning software, and the future of finance in an AI-driven world. Ben shares his career journey, from semiconductor engineering to leadership roles in the FP&A software industry, and dives into his vision for how AI is transforming the way businesses plan and make decisions.Ben Pierce is an experienced executive with over two decades of experience in the enterprise software industry. Currently, he leads Workday Adaptive Planning’s global strategy, growth, and innovation efforts. Prior to joining Workday, Ben held senior roles in several companies, including River Logic, Tidemark, and IBM, where he honed his expertise in analytics, financial software, and business leadership. His career has been shaped by his passion for leveraging technology to improve business operations and drive impactful change.Expect to Learn:Why Ben believes the future of FP&A is in AI and analyticsThe importance of challenging the business with actionable insightsHow to make FP&A tools work for you, not just as a data repositoryWhat to consider when choosing and implementing FP&A softwareThe balance between strategic planning and flexible budgeting processesHere are a few relevant quotes from the episode:"A great FP&A partner doesn’t just provide data, they come to the table with a point of view and push you to do better." – Ben Pierce"At the end of the day, it’s not about the tool, it’s about the implementation and how you engage with it." – Ben PierceBen Pierce offers invaluable insights into FP&A, emphasizing the need for technology to not only streamline processes but also enhance decision-making capabilities. His advice on selecting the right FP&A tools and the importance of having a supportive implementation partner is essential for any finance team looking to modernize their planning processes.Campfire: AI-First ERP:Campfire is the AI-first ERP that powers next-gen finance and accounting teams. With integrated solutions for the general ledger, revenue automation, close management, and more, all in one unified platform.Explore Campfire today: https://campfire.ai/?utm_source=fpaguy_podcast&utm_medium=podcast&utm_campaign=100225_fpaguyFree Trial of WorkdayTry Workday Adaptive Planning free for 30 days - https://forms.workday.com/en-us/sales/adaptive-planning-free-trial/form.html?locale=enus&aud=ada&stage=ce&size=all&pblr=wd&assettype=oth&productfocus=pl&utm_medium=evnt&utm_source=evlv&step=step1_sales_contactFollow Ben:LinkedIn - https://www.linkedin.com/in/benpierce23/Company - https://www.linkedin.com/company/workday/Website - https://www.workday.com/Earn Your CPE Credit For CPE credit please go to earmarkcpe.com, listen to the episode, download the app, and answer a few questions and earn your CPE certification. To earn education credits for FPAC Certificate, take the quiz on earmark and contact Paul Barnhurst for further details.In Today’s Episode[02:50] – From Engineering to Software Leadership[04:56] – What Makes Great FP&A[09:23] – The Importance of Customer Success[12:05] – How to Choose the Right FP&A Tool[13:33] – Advice for Moving to the Vendor Side[16:03] – The Future of AI and FP&A[18:12] – Bridging the Gap Between Planning and Analytics[21:04] – The Role of Zero-Based Budgeting[25:46] – Best Practices for Annual Budgeting[28:06] – Handling Headcount Planning Challenges[32:28] – Getting the Most Out of FP&A Software[36:52] – Closing Thoughts and Final Advice