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AI and FP&A: Hype vs Reality
FP&A Today
Utilizing AI Finance Tools for Automation and Customization
Automate tasks like collaboration, report sending, and data analysis using AI tools in finance. Large companies can invest in external teams to build custom AI models, leveraging their data and fine-tuning to create specific solutions. Companies like Eugobus have developed their own GPT models for functions like HR onboarding and IT support. Moreover, companies can develop forecasting models by leveraging historical data and understanding macroeconomic dependencies when they have a global market presence.
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