15min chapter

FP&A Today cover image

AI and FP&A: Hype vs Reality

FP&A Today

CHAPTER

AI Usage and Misconceptions in FP&A

The hosts delve into the increasing utilization of AI in various areas, analyzing a poll on AI and FP&A usage to show the growing interest in the topic. They explore how finance teams are leveraging AI, pointing out the importance of specific questioning and detailed prompts for optimal outcomes. Misconceptions around AI in FP&A are addressed, clarifying the role of large language models and emphasizing the need for understanding AI applications beyond LLMs for effective integration in financial tasks.

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