We held our third FP&A Board meeting in Frankfurt at the historic Frankfurt Skyper Villa. This time, the interactive discussion was about Best Practices in Rolling Forecast.

The Frankfurt FP&A Board launched on 13 October 2016 and was devoted to the Latest Trends in FP&A.

I was recently invited to join FP&A-Trends’ Artificial Intelligence/Machine Learning (AI/ML) Committee by Larysa Melnychuk, managing director. The AI/ML committee is comprised of finance practitioners and data-management/science experts. This blog is based on the committee’s first two meetings in 2018.

The Dubai FP&A Board launched on 25 October 2016 at the InterContinental Dubai Marina. The first discussion was traditionally devoted to the Latest Trends in FP&A.

The first Brussels FP&A Board took place on 8 November 2016 at the Sofitel Le Louise. The discussion was traditionally devoted to the Latest Trends in FP&A.

The Launch of the Boston FP&A Board took place on 24 October 2017. The first discussion was traditionally devoted to the Latest Trends in FP&A.

Statistical approaches to forecasting can provide a framework for creating rolling budgets to which analytical skills and judgment can be applied in supporting a sound budgeting process.

Artificial intelligence (AI) is now becoming a reality in Finance. AI is already impacting our everyday lives – through the adverts we see on Facebook, the shows selected for us on Netflix to the Google automated assistant being able to book meetings for us. 

​The concept of Zero Based Budgeting (ZBB) is by no means new. It has been around for almost 50 years and has been used by many commercial and non-commercial organisations whose overriding objectives are to shed the unnecessary expenses.

As the 4th Industrial revolution makes sizeable impacts on our lives through various sectors like taxis/ride sharing, accommodation, banking, investing and transaction processing etc a group of finance professionals are not just sitting back and watching as this unfolds before them.