Gartner® Quick Answer: Apply Generative AI to Financial Planning Processes

Insights from Gartner® on Applying Generative AI to Financial Planning Processes

"Over the last few years, many organizations have attempted to implement AI/ML-based forecasting models — either by using financial time-series data or with business drivers. Though some organizations have improved forecast accuracy and reduced cycle times by using AI/ML-based predictive models, many have run into significant challenges."

"These challenges have eroded trust and confidence in machine projections, leading to resistance from business users and analysts, though many of the challenges extend beyond AI/ML. Generative AI can offer a new and powerful means to address these issues and overcome the barriers that prevent the success of AI/ML planning initiatives."

Download this Gartner report to learn more about the five common challenges in financial planning processes and how Generative AI can help.

Gartner Quick Answer: Apply Generative AI to Financial Planning Processes, Ash Mehta, 10 September 2024.

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