IDU NEWS AND INSIGHTS

This article challenges the panic around AI by comparing it to past fears about calculators and spellcheck. It argues that AI is a powerful tool, not a shortcut or a threat, and that the real value lies in human judgement, critical thinking and editing. Instead of banning AI, we should learn to work with it thoughtfully.

Modern FP&A needs new measures that value speed, adaptability and engagement rather than rigid accuracy. Instead of rewarding static forecasts, organisations should track time-to-insight, decision velocity, scenario flexibility and cross functional input. These metrics reflect finance’s shift from scorekeeper to strategic partner in a volatile environment.

Updated tools and processes are vital to enabling faster forecasting and budgeting to meet the speed of business today. If you don’t take your people along with you, even the most sophisticated integrated modelling systems are likely to fail. I’ve seen it happen.

Bad implementation costs money, frustrates your team, and leads to missed opportunities. With the right partner, technology becomes something that empowers your business to grow.