• Ep 29: FP&A: The Silo Buster

  • Dec 1 2023
  • Length: 49 mins
  • Podcast

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Ep 29: FP&A: The Silo Buster

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  • Summary

  • This episode of Planning Aces Brett and Jack discuss FP&A’s role when it comes to breaking down silos within departments, and how A.I. is quickly emerging as FP&A’s ultimate silo busting partner. Their discussion highlights the importance of connecting business performance metrics with financial outcomes and the role of AI will play in complex analysis.

      • CFO Lauren StClair talks about leveraging AI for faster analysis, transparency in reporting, and the challenge of maintaining clean, adaptable data.
      • CFO Doug Lindroth emphasizes the shift from closed data structures to open-book management, enabling deeper discussions on profitability and investments.
      • CFO Charly Kevers underscores AI's impact on manual tasks, reshaping organizational charts to prioritize higher-level thinking.

    • AI's Role in FP&A and Security Concerns:

      • Discussion on AI's learning mechanisms, potential security risks, and the importance of Microsoft's approach with co-pilot in maintaining security.
      • Insights on how AI-driven tools adapt and evolve based on user interactions, driving advancements in decision-making processes.
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