AI in Connected Enterprise Planning

In today’s volatile economic landscape, businesses are looking to their finance teams for more than just crunching numbers. They are pivotal in driving strategic decision-making for growth and profitability, identifying risks and opportunities, and shaping future strategies.

54% of finance organizations struggle to provide data and reports that stakeholders can rely on
40% of finance roles will either be new or significantly reshaped due to finance technology
81% of CFOs anticipate increasing technology investment

However, most FP&A teams find themselves overwhelmed by the amount of data they need to make sense of when planning and forecasting, analyzing, and reporting—leaving little time for effective business partnership and strategic leadership. With data scattered across the organization, analyzing the information and providing insightful recommendations can be an overwhelming challenge. AI and machine learning, or ML, can help by surfacing meaningful predictions, insights, and indicators. Businesses are looking to adopt AI-driven planning solutions, specifically with AI delivered in the context of their roles, to help gain a competitive edge.

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Date: 1.8.2018

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