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The end of one year and the beginning of another is a happy time for most of us. But for those of you who work in finance, the cheer is dampened by so...
A few weeks ago, I represented IBM at the Financial Executives International (FEI) conference in Minneapolis, Minnesota. The theme of the conference was the “Future of Financial Technology.” The roster of speakers ran the technology gamut from A to Z, or rather, from A to B with artificial intelligence (AI) and blockchain. My message? Go forth and shake hands with a robot today. Robotic Process Automation (RPA) might very well be the hottest topic to hit financial practitioners in the last 20 years.
Financial planning and analysis is one of the core duties of finance organizations, and probably one of the more fun and interesting jobs as well. And as the volume and the complexity of financial data grows, demand is growing for more FP&A specialists. But there's more to it than that.
The power and sophistication of weather forecasting puts business forecasting and planning to shame. So, what can the modern finance function learn from weather forecasting?