This Insights Paper explores AI’s impact on FP&A, highlighting its benefits, implementation strategies, and future implications. It also describes the role of FP&A Business Partnering in driving strategic value and presents the Business Partnering Framework that enables teams to shift from traditional finance roles into strategic business partners.

Many organisations still struggle with data quality and timeliness, with 35% citing these issues as the biggest barriers to data-driven decision-making in the 2024 FP&A Trends Survey. This paper explores how to master data and analytics in Financial Planning & Analysis, deploy analytics technology, and foster a culture of analytics-informed decisions.

Organisations that master Integrated FP&A can turn threats into competitive advantages, transforming disruptions into growth opportunities. However, many struggle to build this capability. This Insights Paper offers a framework for implementing Integrated FP&A.

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.

This paper evaluates the transition process, and the challenges organisations may encounter when embracing the Scenario Management ecosystem, with a particular focus on the practical steps involved.

This year, responses were gathered from 385 finance practitioners, covering companies of all sizes, from all regions, and industries.