As developments in Artificial Intelligence (AI) increasingly impact our everyday lives, their value for FP&A is also being recognised. But with the technology evolving so rapidly, keeping track can be challenging.

AI/ML are advanced statistical techniques that can uncover business drivers and trends that can be used to make predictions about the future. According to the 2024 FP&A Trends Survey, 6% of organisations use AI/ML, and 59% of organisations are planning to use it in the next few years.

The Artificial Intelligence (AI) FP&A Committee was established on the 29th of March 2018.

The Committee’s mission is to explore how AI, including GenAI, ML, and data science, is transforming FP&A. It brings together experts, practitioners, and academics to research, collaborate, and share knowledge. The goal is to enable smarter planning, sharper analysis, and faster decisions. The Committee’s regular meetings take place digitally to maximise global reach. To review information about the previous meetings, please follow this link.

Our members are senior finance practitioners and thought leaders demonstrating a passion for and practical experience of relevant data science techniques in FP&A. They represent over 30 leading organisations, including Amazon, Microsoft and PepsiCo. The list of members can be found here.

If you are interested in joining the Committee, you can view our complimentary membership criteria here.