10 Questions that a Finance Professional can Answer using AI and Machine Learning

Many FP&A people are looking to use AI in 2024.

But what to do with AI?

Where to start?

I created this guide to help you out.

It has 10 Questions that a Finance and FP&A Professional can Answer using AI and Machine Learning.

10 Questions that a Finance Professional can Answer using AI and Machine Learning

Do you think this article will be too long to read?

Well, here I give you the 10 questions and you can decide which one interests you more:

1. What will be the company’s revenue next quarter?
2. Which customers are likely to pay late?
3. What will be the future price of a key commodity we purchase?
4. Which product lines are most likely to grow in sales?
5. How can we optimize our inventory levels based on forecasted demand?
6. Which variables most influence our operating costs?
7. Can we predict which projects will go over budget?
8. What is the likelihood of financial distress in the next fiscal year?
9. How can we segment our customers based on their purchasing behavior?
10. Which marketing channels are most effective in driving sales?