New technologies related to artificial intelligence are an opportunity for finance functions to respond to issues of planning and anticipation.
The management of compensation models in connection with human resources departments is one example. Creating and testing scenarios require resources and time! AI tools are there to significantly reduce manual operations and allow each stakeholder to focus on topics with higher added value. It is in this context that a simulation module, as proposed by Makila, makes sense. Such a module makes it possible to quickly create different remuneration models. This allows finance departments to use reliable automated calculations and increased computing power provided by Makila. Departments can then focus on their main objectives:
- Building and simulating simple or complex scenarios to predict their impact on future years,
- Anticipating and adjusting according to the objectives of the business strategy that the company intends to pursue.