Version 1.32: Budget Season’s Real Problem Is Alignment

About this Episode

If your budget is technically accurate but disconnected from where your company is headed, you don’t have a numbers problem – you have an alignment problem. In this sponsored episode of the FEI Podcast, Ryan Langenbrunner, Worldwide Leader for Planning Analytics with IBM’s Chief Data Office; Bill Primerano, Worldwide CTO for AI Analytics at IBM; and Michael Bernaiche, Director of AI Analytics Software at Lodestar Solutions, draw on decades of experience on both sides of financial planning.

They discuss how IBM moved from 120-slide control books and multiweek review cycles to a daily close, why a “single” budget that reached version 1.32 shows the limits of accuracy without timeliness, and why AI in finance should be treated as augmented intelligence with a human in the loop. The panel also explores who should govern AI spending and ROI, the cost of falling behind on planning technology, how to avoid being won over by a shiny demo, and why the best time to start writing your planning requirements is during this year’s budget cycle.

This episode is sponsored by Lodestar Solutions. Host Heather Cole is the founder and owner of Lodestar Solutions.