The 19th meeting of the Global AI/ML FP&A Committee, which took place on May 24th, 2023, featured a presentation titled "Expanding the use of AI in FP&A beyond quantitative analysis", delivered by Thorsteinn Siglaugsson, a Logical Thinking Process Expert.
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In this article, the author explains why FP&A should take advantage of the possibilities offered by large language models like ChatGPT and how such tools can help us improve the decision-making process.
The London FP&A Board met on 20 April 2023 for the 30th meeting since its establishment. The FP&A Board Members discussed practical considerations for effective FP&A Storytelling, focusing on the building blocks of the narrative, visualisation and data.
The London FP&A Board met on 26 January 2023, attended by senior FP&A practitioners from diverse sectors, to discuss the five critical roles for building a world-class FP&A team. In this article, you can find the most important takeaways from this think-tank.
The International FP&A Board met in London on 28th September 2022 for an insightful and forward-thinking discussion. They explored the challenges faced in the journey from FP&A to xP&A and examined the impact of xP&A on the various aspects of business today.
After an absence of almost two years, I was looking forward to joining the London FP&A Board meeting, where a group of senior finance professionals met in person, many experiencing their first face-to-face industry event since the initial lockdown in the UK back in March 2020.
There is a lot of hype these days about the concept of FP&A Business Partnering. At FP&A Trends Group, we introduced the concept of xP&A Business Partner. Who is it and why is this role important?
In today’s dynamic world, the traditional budgeting process is increasingly outdated. But what if your organisation is still not ready to abandon it completely?
Why is so much time being spent on non-value add activities? How can we overcome this problem? What is the role of the modern FP&A Business Partner in Creating Value for the organisation?
Unstable times are putting pressure on our planning process: we need to re-forecast more often to make timely and informed decisions, while at the same time we need to expand our forecasting horizons and look ahead. How can we achieve this?