The fourth FP&A Board Connect will be dedicated to the subject "How to Use Predictive Analytics and Machine Learning for Better Quality Forecast (Janssen Case Study)".
Many of us have heard about promise of predictive analytics (PA) in machine learning (ML). Over 50% of organisations think that data science and ML are critical for success. At the same time, less than 20% of finance teams are deploying data science today. Why did this happen?
Without a doubt, the effects of AI on the global economy are jaw-dropping. But how does that affect the FP&A sector? Do we need to worry about the rise of artificial intelligence?
Imagine you’re a train dispatcher tasked with making hundreds of trains run smoothly every day. They must go through an interconnected network where trains run in a sequence and can’t just pass each other along the route. Suddenly a delay occurs on one of the trains because a door won’t close properly. What do you do?
At the sixth meeting of the AI/ML FP&A Committee, Saul Mateos, Finance Director at Coca Cola (previously Senior FP&A Director at Egencia), shared Egencia's journey of using Artificial Intelligence for FP&A.
Matthias Thurner, Chief Technology Officer, Unit4 Prevero, shares his vision about how AI influen