Author: Steve Liliopoulos
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Challenges Implementing AI for Financial Planning and Analysis
Implementing AI for Financial Planning and Analysis (FP&A) can be transformative, but it comes with its own set of challenges. Here are some key hurdles that organisations often face: 1. Data Quality and Integration AI relies heavily on high-quality, consistent, and integrated data to function effectively. Many organizations struggle with data silos, inconsistent data formats, and…
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Mastering ASRS Compliance: Key Challenges for Australian Companies
The Australian Sustainability Reporting Standards (ASRS) require mandatory Climate Risk Reporting for 2025. In a recent AICD surveys over 30% of directors highlight complexity of reporting requirements as their main concern in relation to mandatory climate disclosure. Many organisations still have a heavy reliance on manual reporting or are using spreadsheet based methods prone to…
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5 FP&A Trends shaping 2025
Imagine you’re at the helm of a bustling Australian company, steering it through the dynamic waves of the impact of Tariffs and a new federal election in the face of rising cost of living crises bringing endless uncertainty to the business world. This is where Financial Planning & Analysis (FP&A) comes into play. It’s like…
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The impact of AI on financial forecasting and budgeting
As traditional budgeting methods fall short, modern CFOs are pivoting towards advanced tools and technologies to stay competitive in a volatile and unpredictable landscape. In this article, we’ll explore the role of AI in budgeting and forecasting. Discover how AI tools equip financial planning & analysis (FP&A) teams with the critical insights needed to guide…
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AI in FP&A: Revolutionising Financial Decision-Making
Your Guide to Smart Financial Decision-Making. Ever wondered how artificial intelligence (AI) is reshaping financial planning? FP&A, or Financial Planning & Analysis, now supercharged with AI, bridges finance and business strategy seamlessly. Think of it as your AI-powered financial navigator—ensuring liquidity, optimizing resources, and steering your business toward sustained profitability. AI-infused FP&A doesn’t just stop…
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The Future of FP&A
As technology evolves, FP&A is transforming with new tools and methodologies that enhance its capabilities. The future of FP&A is being shaped by several key trends: AI & machine learning: AI-powered analytics enable deeper insights, improving forecasting accuracy and automating routine financial processes Predictive analytics: Leveraging data trends and statistical modeling, predictive analytics help organizations anticipate financial outcomes…
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Transform Your CFO Role with AI-Powered FP&A
Picture this: you’re the CFO of a rapidly growing company, and you’re juggling countless spreadsheets, manually inputting data, and trying to keep track of updates from multiple departments. Sounds familiar? You’re not alone. Many businesses today still rely heavily on traditional planning and forecasting methods—like spreadsheets and manual processes—which can feel like running uphill in…
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How do you spell legacy systems?
It is true that legacy systems still run the majority of the world’s largest companies. These applications might even appear or have the perception to be operating like a champion racehorse, but in fact they might be trudging along more like an old mule. The chances are you’re your company is using a legacy system…
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Why your CRM needs a separation from your ERP
We all know what CRM and ERP applications are and what they do. There are plenty of examples out there of vendors who supply ERP systems with CRM as a module. The differences between a CRM and ERP fundamentally comes down to one managing and developing relationships and the other processing transactions. Having a CRM…
Artificial Intelligence for Life 