logo
episode-header-image
May 2024
41m 10s

AI Revolution: Unlocking FP&A Potential

Vena Solutions
About this episode

The transformative potential of AI for finance teams is extraordinary. CFOs need to educate themselves on how, where and when to adopt new technologies, and what they can be doing ahead of adoption to prepare their organizations. 


Howard Dresner is a technologist, researcher, and one of the foremost thought leaders in business intelligence. In this episode, Howard discusses the research his firm, Dresner Advisory Services, has conducted on AI adoption, as well as his predictions for how next-generation AI technologies will be used in Financial Planning and Analysis (FP&A). Howard also explains how AI works and why the insights it generates are so much more sophisticated than what we can produce in a spreadsheet.


Learn how innovation in AI is likely to impact FP&A, and how these developments will elevate the Office of Finance. Even if you don’t plan to be a first-mover, Howard’s insights can help your business get ready for the integration of these new technologies, long before you actually invest in them.


Discussed in This Episode:

  • How AI will empower finance professionals to navigate complex data landscapes with unprecedented precision and agility
  • Potential use cases for AI in FP&A, including forecasting and churn and risk assessment
  • The difference between AI and generative AI, as well as the strengths and limitations of each
  • When businesses should invest in AI, and how they should prepare for adoption ahead of those investments through education and policy-making
  • The history of business intelligence and Howard’s view on how it has evolved over the last few decades


For CFO insights, episode show notes, and exclusive blog content, visit thecfoshowpodcast.com.

Up next
Nov 18
What 35 Years in Finance Taught Kelly’s CFO About Change
<p>Career growth isn’t always a straight line, and sometimes the biggest leaps come from taking a step sideways. &nbsp;</p><p>&nbsp;</p><p><a href="https://www.linkedin.com/in/troy-r-anderson" target="_blank" style="color: rgb(70, 120, 134);"><strong>Troy Anderson</strong>,</a> C ... Show More
31m 49s
Nov 4
How AI Is Reinventing Enterprise Finance
AI promises efficiency, automation, and smarter decision-making, but for large enterprises, the journey is far more complex than simply adopting the latest tool. In this episode of The CFO Show, Rajat Bahri, CFO of Icertis, joins host Melissa Howatson to explore how enterprise fi ... Show More
23m 49s
Oct 21
The Hidden Power of Procurement
Procurement is no longer just about cutting costs. It’s about creating value, building partnerships and helping finance teams make smarter, faster decisions. On this episode of The CFO Show, Aaqil Kassamali, Procurement Director at Vena Solutions, joins Melissa Howatson to discus ... Show More
22m 42s
Recommended Episodes
Oct 2022
To Improve AI Outcomes, Think About the Entire System
Artificial intelligence technology has been advancing, and businesses have been putting it into action. But too many companies are just gathering a bunch of data to kick out insights and not really using AI to its fullest potential. Joshua Gans, professor at Rotman School of Mana ... Show More
23m 23s
May 2023
What We Do and Don’t Know About Generative AI
<p>Sylvain Duranton helps companies build AI-enabled businesses. As the the global leader of BCG X, he has a front row seat to the generative AI revolution. He discusses the industries likely to face the most disruption, the future of work, and how generative AI can help solve ch ... Show More
22m 58s
Aug 2023
2474: Debunking AI Myths and Harnessing AI's Potential
A recent article by Daron Acemoglu and Simon Johnson painted a somewhat grim picture of AI and its implications, stirring significant controversy within the tech community. Today's episode dives deep into the ongoing debate about AI technology's potential risks and rewards. I wel ... Show More
49m 6s
Jul 2023
Designing Your AI Blueprint
<p>AI is evolving daily, challenging businesses to adjust and adapt. Vladimir Lukic, global leader of BCG’s Tech &amp; Digital Advantage practice, demystifies what companies need to get right when implementing AI. A shift in mindset can go a long way toward unlocking AI’s potenti ... Show More
21m 55s
Aug 2023
Leading a Workforce Empowered by New AI Tools
New AI technology enables anyone to become a programmer — opening doors to faster analytics and automation but also presenting big challenges. Organizations need policies and strategies to manage the chaos created by what Tom Davenport calls “citizen developers.” Davenport is a p ... Show More
30m 25s
Oct 2023
Bin Ren, CEO of SigTech On Potential Applications Of Generative AI And Democratizing Quant Trading
In the latest episode of Innovators' Exchange, Hiten Patel speaks with Bin Ren, the CEO and co-founder of SigTech, a leading provider of quant technologies. The discussion centers around democratizing access to quant trading strategies, the surge of retail investing, and the prof ... Show More
26m 46s
Feb 2023
Deloitte’s Nitin Mittal on the Secrets of 'All-In' AI Success - Ep. 188
Artificial intelligence is the new electricity. The fifth industrial revolution. And companies that go all-in on AI are reaping the rewards. So how do you make that happen? That big question — how? — is explored by Nitin Mittal, Principal at Deloitte, one of the world’s largest p ... Show More
38m 38s
Aug 2023
#149 Expanding the Scope of Generative AI in the Enterprise with Bal Heroor, CEO and Principal at Mactores
Generative AI is here to stay—even in the 8 months since the public release of ChatGPT, there are an abundance of AI tools to help make us more productive at work and ease the stress of planning and execution of our daily lives among other things. Already, many of us are wonderin ... Show More
1 h
Apr 2024
2866: Leading Digital Change: KPMG on the Future of AI in Business
Are you curious how large firms integrate advanced technologies like AI into their operations effectively? In this episode of Tech Talks Daily, we sit down with James Osborn, Chief Digital Officer at KPMG UK, as he reflects on his first year in this pivotal role. James will share ... Show More
25m 26s
Jul 2023
#145 Why AI will Change Everything—with Former Snowflake CEO, Bob Muglia
Data and AI are advancing at an unprecedented rate—and while the jury is still out on achieving superintelligent AI systems, the idea of artificial intelligence that can understand and learn anything—an “artificial general intelligence”—is becoming more likely. What does the rise ... Show More
54m 22s