In this 7-minute presentation, Stefan Spiegel, CFO at Swiss Railway Freight Logistics (SBB Cargo AG), explains his company's journey towards merging finance and operations.

The FP&A transformation journey should start right now. In this video, you will learn about three important things about leveraging modern technology for FP&A.

In today’s world, companies need more than ever fast insights to make the appropriate critical moves. Unfortunately, current BI tools through dashboards report ‘what’ happened and does not help to understand the ‘why’.

Computer simulations allow us to play out various scenarios repeatedly and assess the outcomes. It is also true for computer simulations that are used in finance. Through scenario analysis, we can gain some comfort and assurance that the decision taken is the right one given the circumstances. However, there are a few considerations with the use of artificial intelligence (AI). 

While automation has eliminated many repetitive tasks, the next step for FP&A is to develop advanced analytics capabilities.

We are entering the era of digital FP&A where human and artificial intelligence work hand in hand to achieve better analytical results.