As organisations continue to adapt to the world of "Unknown Unknowns", the FP&A role has become increasingly more important. FP&A teams are quickly adapting and developing their new "playbooks" to prepare for the future.

The fourth FP&A Board Connect was dedicated to the subject "How to Use Predictive Analytics and Machine Learning for Better Quality Forecast (Janssen Case Study)".

In the first FP&A Board Connect, Takeshi Murakami, Business Manager to CEO/President at Microsoft Japan, a speaker of the second Tokyo FP&A Board, explains how Microsoft achieved remarkable results by using predictive analytics and machine learning in FP&A.

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?  

This blog discusses the importance of improving your digital IQ, a term used by PWC for corporates but something that I believe should also be applied to individuals. Your digital IQ (your knowledge of technology and its impacts) is in effect a ‘gateway’ or an ‘enabler’ to the future role of any commercial finance/ FP&A individual.