How Generative AI Can Enhance Decision-Making and Planning
FP&A Tags
AI/ML FP&A

The 23rd meeting of the Global AI/ML FP&A Committee, which took place on June 4th, 2024, featured a presentation titled "How Generative AI Can Enhance Decision-Making and Planning", delivered by Michael Emerson, CTO - Extended Planning & Analysis at SAP.

In his presentation, Michael explores how to build an intelligent enterprise through connected planning, ERP systems, Extended Planning and Analysis (xP&A), and Generative AI to optimise operations. 

He also shares the pros and cons of Generative AI, presents new use cases for finance and planning, and highlights the importance of aligned data.

Finally, Michael outlines the technical requirements and steps to implement these innovations, highlighting AI's crucial role in sustainable business growth. Watch this video to learn more.

The Global Artificial Intelligence / Machine Learning FP&A Committee was created in March 2018 with the aim to see how the latest developments in those technologies can influence modern Financial Planning and Analytics. More information about its previous meetings and members can be found here.

Michael Emerson

CTO - Extended Planning & Analysis at SAP

Michael Emerson is CTO for the extended planning and analysis portfolio at SAP. Previously, he has provided strategic guidance to various product development areas, including the Business Technology Platform, Financial Planning & Analysis, and also for the line of business Finance. He was also a Chief Product Strategist for the Product & Innovation board office, where he contributed to the formulation of SAP’s Intelligent Enterprise strategy. Before joining SAP, Michael worked at Société Générale Corporate Investment Banking in Paris. He studied Mathematics and Computer Science at the University of Edinburgh, and obtained an MBA from the Sauder School of Business, UBC. In 2018, he attended the Leading Product Innovation executive program at Harvard Business School.

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