6 Tactics to Leverage AI for FP&A

Artificial intelligence (AI) is rapidly transforming the world of finance, and FP&A is no exception.

By embracing AI as a partner, FP&A teams and CFOs can gain a significant advantage in terms of efficiency, accuracy, and insights.

So here are six tactics for leveraging AI for FP&A:

1. Embrace AI as a partner.

AI should not be seen as a replacement for human FP&A professionals, but rather as a complementary tool that can augment their capabilities.

AI can automate time-consuming tasks such as data collection and analysis, freeing up human professionals to focus on more strategic activities such as forecasting and decision-making.

2. Select the right tool.

There are a wide variety of AI tools available for FP&A, each with its own strengths and weaknesses.

Use this article to know which AI tool you should use.