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FASB studies AI use in financial data analysis

CFO Dive

The surge in use of conversational artificial intelligence has prompted scrutiny of the technology’s role in financial decisions.

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PodChats for FutureCFO: Bridging the confidence gap in financial data

Future CFO

According to Terry Smagh , senior vice president & general manager, Asia Pacific & Japan, BlackLine, the company undertook the study is to understand and recognise the critical role that financial data plays in informing businesses about strategy and continuity, the poor visibility if any, and the lack of real-time access to data.

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How to Find the Best FP&A Candidates for Your Team

Spreadym

Budgeting and Forecasting: They have experience in creating and managing budgets, as well as forecasting financial performance based on historical data and future expectations. Strategic Thinking: FP&A candidates align financial goals with the company's strategic objectives, contributing to long-term planning and decision-making.

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The AI CFO: Understanding the impact of AI on the role of CFOs

CFO Share

AI Advantages and Opportunities for CFOs AI presents key advantages and opportunities for CFOs: AI Enhanced Data Analysis AI enables CFOs to analyze large volumes of financial data quickly and accurately, uncovering valuable insights for decision-making. Where will you take AI in your business?

CFO 40
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AI in the finance function

Future CFO

Robert E Parker "As we look forward to the developments in AI, finance leaders will be in a better position to uncover hidden opportunities and risks and step beyond using structured financial data by utilising data from across organisational silos enhanced with data from outside the organisation."

Finance 98
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What Is Business Intelligence and How Does It Link to EPM?

Jedox Finance

It also needs to be based on insights from data. Effective decision-making must be based on data analysis, decisions (planning) and the execution and evaluation of the decisions and its impact (forecasting). we may need to integrate the financial data with data from the CRM. an approved budget).

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Sales Performance Management: Connecting the dots to xP&A

Jedox Finance

Having a separation between financial planning and sales planning limits the ability to accelerate those skills. Data Silos – Sales data and financial data are separated, making reconciliation between those sources difficult.