In this article, the author speculates on the evolution of capital planning and outlines how this process can be enhanced with modern technology like Artificial Intelligence/Machine Learning (AI/ML).
This paper draws insights from our discussions within the committee, as well as over 240 face-to-face International FP&A Board meetings globally, over 150 FP&A Trends Webinars, 22 AI/ML FP&A Committee meetings, and over 2400 global FP&A Trends Survey respondents. It offers practical guidance on how AI can be used within FP&A and gives details of what is currently being achieved, how obstacles in AI adoption have been overcome, and a glimpse into the future.
Check the recording of this webinar to explore the transformative power of human and AI collaboration in FP&A with the panel of senior finance practitioners.
In this article, the author explains how Artificial Intelligence (AI) can help FP&A professionals become invaluable Business Partners. He suggests seven tactics to get started with AI tools to become a better Business Partner.
Maryam Pazouki, Associate Director BPA at Novartis Institutes for BioMedical Research, shared how to build a holistic approach to data-driven insights and Change Management, outlining practical experiences in overcoming the resistance of FP&A Teams to implementing AI/ML.
In this article, the author outlines how AI transformation may impact the finance domain and explains why AI systems still within FP&A need human oversight.