AI-enabled Planning and Forecasting: The Future of Budgeting
2020 was a year like no other, resulting in economic challenges that forced organisations to rethink their budgeting efforts. In this whitepaper, Criticaleye Partner, TCS, share their insight on how business leaders should adopt a digital-first mindset to help streamline the budgeting process for the future.
Key takeaways include:
When re-examining budgeting methods, organisations should take an agile approach underpinned by emerging technologies, such as artificial intelligence (AI), to build intelligent workflows.
Better leadership and management at Board-level can help build a more flexible approach.
Organisations should have a short-term mindset and focus on capability and knowledge building.