FP&A Today Data Analytics and AI for FP&A Teams
7 snips
Jun 12, 2025 Nathan Bell, Managing Partner at VAi Consulting, helps CFOs integrate technology and finance. Anna Tioma, a fractional CFO and founder of Blend2Balance, focuses on applying AI in finance. Anna Yamashita from DataRails enhances FP&A teams with modern management solutions. They discuss using AI for improved financial workflows, the importance of predictive analytics, and debunk common misconceptions about AI in finance. They also delve into ROI from AI investments and the challenges of data security, offering practical insights for finance professionals.
AI Snips
Chapters
Books
Transcript
Episode notes
FP&A Data Challenges and AI Progress
- Nathan Bell shared that at Digital Trends Media Group, FP&A teams initially struggled with data consolidation and analysis.
- With AI and automation, they progressed to predictive and prescriptive analytics, improving decision-making and efficiency.
AI Enhances Finance Roles
- AI will not replace finance jobs but will take over manual and repetitive tasks.
- Focus on using AI to make jobs more meaningful and improve efficiency, becoming better business partners.
AI for Small Teams' Efficiency
- Smaller FP&A teams use AI to quickly answer routine stakeholder questions, freeing time.
- AI-generated board deck storyboarding gives a strong starting point for reports, allowing human edits for accuracy.