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.