The Third Wave of Financial Automation – CPM Artificial Intelligence -

In my last blog "All AI Paths Lead to the Cloud," I talked about how the FP&A challenges facing finance leaders are not going away. These issues are only compounding due to an overabundance of data and the rapid evolution of hyper-connected mobile employees, driving businesses towards the availability, scalability, and affordability that comes with putting their financial applications to the cloud. The era of simply throwing more people and resources at the challenges simply does not economically scale. Well let's think about the problem: With more people comes additional costs (headcount, manual errors, delays, etc.) For some companies this has become the status quo, meaning they are willing to assume a certain risk tolerance that results in the under-utilization of highly skilled, well-paid assets.