In this article, the author exemplifies why Artificial Intelligence is insufficient for analysing the data and providing insights. He illustrates it by giving an example of Simpson's Paradox, which AI could not handle without human input.

In this video, Tanja Schlesinger, VP OneSource at Deutsche Bahn Regio AG, explains why good data and AI deployment in finance should not be viewed separately. She underlines the importance of establishing the data ownership concept and shares her practical tips on setting up, monitoring and improving data quality for FP&A with the help of AI and automation.

In this article, the author talks about two of the most prominent applications of AI in FP&A: forecasting and digital twins. He also outlines challenges that FP&A professionals may face when dealing with AI and suggests how to overcome them.

At the recent FP&A Trends webinar on the 28th of September, senior finance practitioners and thought leaders shared their practical insights and real-world experiences on how to uplevel your planning and forecasting strategies.

At the recent FP&A Trends webinar on the 4th of October, we learnt more about empowered decision-making: human-led, AI-backed intelligence in FP&A. Senior finance practitioners and thought leaders from Dell, Novartis Institutes for BioMedical Research and Prophix shared their insights on this topic.

There’s no guarantee that current levels of volatility will subside anytime soon, and a majority of organisations are suffering from low planning agility that significantly hinders their ability to take advantage of opportunities or mitigate downside risks. This article reveals the importance of the human-machine learning loop for improving budgeting and forecasting processes.