This article delves into the importance of data management in forecasting, data accuracy and completeness, common mistakes companies make, transformative opportunities presented by next-generation Artificial Intelligence (AI), and the role of the CFO in this process.

In this article, the author explores the benefits and potential challenges of AI-powered models and techniques for enhancing our forecasting, exemplifying his observations with a case from his experience.

This article explores the roles of Human Intelligence and AI in FP&A, supported by findings from the 2024 FP&A Trends Survey and insights from the AI/ML FP&A Committee.

The 23rd meeting of the Global AI/ML FP&A Committee, which took place on June 4th, 2024, featured a presentation titled "How Generative AI Can Enhance Decision-Making and Planning", delivered by Michael Emerson, CTO - Extended Planning & Analysis at SAP.

This year’s FP&A Trends Survey, which has taken responses from 383 finance practitioners across diverse industries and regions, looks in depth at the ways FP&A supports data-led decision-making in the current dynamic landscape as well as the future developments that need to be implemented.

In this article, the author explores the possibilities of human-AI interaction, describes some practical examples, reviews considerations about responsible use of and value generation with AI, and ends with practical references about upskilling and adoption.