Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Data analytics and AI for FP&A teams – with Nathan Bell

Data analytics and AI for FP&A teams – with Nathan Bell

FromFP&A Today


Data analytics and AI for FP&A teams – with Nathan Bell

FromFP&A Today

ratings:
Length:
51 minutes
Released:
Apr 9, 2024
Format:
Podcast episode

Description

Getting FP&A teams to harness their data to reach their goals is the holy grail. Nathan Bell, Managing Partner, VAi Consulting, is among the most in-demand experts. Bell has unique experience– having started in computer science, before leading finance teams at Native American Bank, Digital Media Trends and Gartner– where he advised hundreds of FP&A teams facing chaotic data situations). In this masterclass, he shares a practical framework looking at the expectations, fear and hype surrounding data, analytics and AI for FP&A teams.
In this episode:
From a computer degree to leading finance teams
How Nathan discovered the power of telling stories as Chief Credit Officer at Native American Bank 
Overcoming the challenge of presenting to non- financially literate CEOs
The challenge when finance is “last in line” 
When companies don’t have good data and what FP&A teams can do 
“Federated data governance” and avoiding turf battles
why setting up self-service data as CFO came back to bite me 
Using a “metrics cascade” clarifying  data and metrics
Critical thinking as the new superpower for finance teams in the AI age 
Key to setting  up pilot AI programs 
Dinner time when your wife is also a CFO

Key quotes: Remember PPDAC. Problem Plan, Data, Conclusion.
Your Plan, what Data you need to capture against that plan, analysis, and Conclusion.
“If you can master that in that order, I think from a skillset, you’re, you’re ready” – Nathan Bell.
Critical Thinking as the new Superpower for FP&A
“Critical thinking is gonna be more powerful than ever. I don’t think there’ll ever be a situation where we’re going to let AI make the decision without going through a human to look at the data. We need to ask what do we do? What’s the action? What’s the decision?”

Connect with Nathan Bell on Linkedin https://www.linkedin.com/in/nathan-bell-1038662/

https://vai-consulting.com/
Released:
Apr 9, 2024
Format:
Podcast episode

Titles in the series (100)

FP&A Today is the podcast for Financial Planning and Analysis. The weekly show dives into the challenges and opportunities within the world of FP&A, interviewing FP&A leaders, CFOs and other finance pros in order to give you the freshest insights and takeaways. Each week our top guests provide actionable advice about financial planning and analysis – from career goals to navigating challenges, and powerful Excel tips. Our weekly show provides unrivalled insights for navigating FP&A. FP&A Today is brought to you by Datarails. Datarails is the AI-powered Financial Planning and Analysis platform for Excel users.