ChatGPT o1 for Finance and FP&A — The Ultimate Guide
7 min readSep 13, 2024
Ok. So OpenAI has released o1 — a new series of AI models designed to spend more time thinking before they respond.
What does this mean for Finance and FP&A?
OpenAI’s new o1 series of reasoning models brings advanced capabilities to problem-solving, including complex finance and FP&A (Financial Planning and Analysis) tasks.
Released on September 12, 2024 this new model series excels at tasks that require deeper reasoning, careful calculations, and structured problem-solving.
Below, I will show you how the ChatGPT o1 models can enhance workflows in finance and FP&A, provide strategic insights, and streamline coding and modelling tasks.
Introduction to OpenAI o1 for Finance and FP&A
The OpenAI o1 series was designed to tackle hard problems by mimicking human-like thought processes.
