Maintaining data consistency is crucial for the forecasting process to ensure the accuracy, reliability, and credibility of financial information.
In this article, the author outlines how to mitigate the issues related to data consistency.
In this article, the author covers the importance of establishing a Reporting Factory within an organisation and outlines what benefits it can bring after implementation.
In this article, the author emphasises the need for more value creation from FP&A professionals and tries to paint a picture of what could be streamlined.
In this article, the author looks at the FP&A tools and explains why these tools must consider the company culture and factor in the existing management biases. He also shares a few practical recommendations for FP&A teams that will help fight these biases.
In this article, we are looking at the technology's potential that FP&A professionals can leverage for Intelligent Transformation.
In this article, the author exemplifies why Artificial Intelligence is insufficient for analysing the data and providing insights. He illustrates it by giving an example of Simpson's Paradox, which AI could not handle without human input.