How AI is changing CFOs world
summary
Stargazr is a cloud planning/analytics tool for manufacturing that claims to find operational bottlenecks and save millions by cutting month-end reporting from about 10 business days to near real time and automating rule‑based work with RPA (accounts payable ~72% use case). Workflow: ingest ERP and external IoT/big data, run predictive and prescriptive models for budgeting and forecasting, surface actionable recommendations. Mentions common vendors (Blue Prism, UiPath, WorkFusion, Automation Anywhere) and says finance hires need SQL/Python and business partnering skills.
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chapters (29)
- 0:00Intro
- 0:25Agenda
- 1:50Stargazr - The Al-powered software for FP&A
- 2:37Application of Al in FP&A
- 5:38but what impact does it have for finance and FP&A?
- 8:12Improvement of processes and tasks
- 9:10New business models in FP&A
- 10:17Three emerging Al technologies
- 11:06Various opportunities for improving processes
- 13:39RPA - Benefits and Providers
- 14:40Big Data - Description
- 16:00Big Data - by targets and chances
- 16:50Reporting should deliver information to management
- 17:52Dashboards should decrease complexity
- 18:31BI and BA Overview
- 20:21Business Analytics Ladder
- 22:28Potential of AI
- 23:40Budget Case-today
- 25:11Budget Case - future
- 25:47Case: Reporting Process - today
- 26:24Case: Reporting Process - future
- 26:58Analytics provider of the future
- 27:23Summary of Emerging Technologies
- 28:30Evolving Tasks in FP&A
- 31:45Types of FP&A Analyst in the past
- 32:17Types of FP&A Analyst in the future
- 32:59Data Scientist vs. Business Partner
- 34:17Changing Role of FP&A Analysts
- 38:35Lesson Learned
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