When I hear or read that artificial intelligence (AI) is “disrupting” financial planning and analysis, I tend to challenge the premise. The word “disrupt” means to me to interrupt, alter or destroy the structure of something. I look at AI (or really all technology for that matter) as having the potential to enhance and/or improve the FP&A function. Semantics? Maybe. ...
...
In today’s organizations, the role of financial controlling or FP&A is not only to provide financial insights so business partners can make better decisions, but it is also to lead the way towards a more mature use of analytics technology including predictive analytics for sales forecasting. Predictive Analytics - a Priority for FP&A Moving up the analytics maturity curve from ...
...
The latest edition of our blog series “Making AI Real” lays out a vision for how new capabilities in FP&A systems can support Enterprise Performance Management of the future with much of the required functionality already available today. From Static to Dynamic EPM New technologies in financial planning & analysis systems like machine learning and artificial intelligence offer businesses the ...
...
Part one of our blog series explored how people are the driving force behind the digital transformation and how it is fueled by artificial intelligence and machine learning. We also took a first look at how fp&a and business intelligence professionals can start to derive tangible value from these technologies for Enterprise Performance Management. Now, we will take a deeper ...
...
The digital transformation is redefining the world as we know it at a pace faster than most people could ever imagine. But it is more than just massive computing power, artificial intelligence with sophisticated algorithms, and tons of data that are propelling this megatrend forward. It is the people who are using and embracing these new technologies – simply because ...
...