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.
In this article, we discuss how using Strategy Maps with AI-enabled analytics becomes an excellent technique for visually elucidating strategic objectives with the corresponding KPIs, forming financial and operational metrics, and highlighting their interdependences with the help of an Analytics Scorecard™.
At the 18th AI/ML FP&A Committee meeting, Scott Campbell, Head of Digital COE - Finance/FP&A at Philips, presented "Digital Finance at Philips".