Why Finance Team Need AI Now, and How To Move Forward With Jet Reports

Financial planning and analysis (FP&A) has reached a tipping point with artificial intelligence (AI). What once seemed like futuristic technology is now vital for competitive finance teams. As insightsoftware’s Shaping the Future report found, 87% of finance organisations now leverage AI at moderate to high levels. So the question isn’t whether to adopt AI for finance teams—it’s how quickly you can implement it effectively.

For FP&A professionals, this shift represents more than just adopting advanced technology solutions. AI provides opportunities to fundamentally change how your finance teams operate, moving from reactive reporting to proactive and strategic collaboration across the organisation.

Drowning in Data, Starving for Insights

Modern finance teams are juggling an explosion of data while stakeholders demand faster, more accurate insights. Traditional reporting methods—multiple spreadsheets, manual consolidation, and time-consuming analysis—can’t keep up with business needs.

The result?  Finance teams are stuck in data wrangling instead of driving the insights that move the business forward—holding back their potential as strategic partners.

AI: The Enabler for High-Impact FP&A

Artificial intelligence isn’t replacing financial analysts. It’s empowering them with FP&A automation so they can focus on what they do best: strategic thinking, relationship building, and driving business outcomes. By automating routine tasks and highlighting intelligent insights, AI enables FP&A teams to shift from data processors to strategic advisors.

The most successful finance organisations are leveraging AI to:

  • Accelerate Financial Close Processes: Automated reconciliation and variance analyses can reduce month-end cycles from weeks to days, giving teams more time for forward-looking analysis.
  • Enhance Forecasting Accuracy: Machine learning algorithms identify patterns in historical data that human analysis might miss, improving prediction reliability and reducing forecast errors.
  • Enable Real-Time Decision Support: Instead of waiting for monthly reports, finance leaders can access current insights that inform immediate strategic decisions.
  • Democratise Data Access: Natural language processing allows non-technical team members to interact with financial data directly, reducing bottlenecks and increasing organisational agility.

Making AI Actionable: The Jet Reports Advantage

While the promise of AI for finance teams is compelling, successful implementation depends on having the right tools and approach. This is where Jet Reports has distinguished itself, by combining sophisticated AI capabilities with practical, user-friendly functionality that bumps finance teams up to the next level.

Intelligent Automation That Actually Works

Jet Reports goes beyond basic automation to deliver truly intelligent insights. The insightsoftware Platform automatically evaluates your financial data, identifying trends, anomalies, and opportunities that matter most to your business. Rather than generating generic reports, it surfaces personalised insights tailored to your specific KPIs and business context.

For example, instead of manually monitoring cash flow across multiple entities, Jet Reports automatically flags emerging liquidity concerns, suggests corrective actions, and provides scenario-based projections to guide decision-making. This level of intelligent automation transforms FP&A from a reactive function to a proactive strategic partner.

Conversational Analytics for Everyone

One of the most powerful aspects of Jet Reports’ AI implementation is its natural language interface. Finance teams can simply ask questions in plain English—”What drove the variance in gross margin last quarter?” or “How would a 10% price increase impact our profitability?”—and receive immediate, visualised answers.

This conversational approach breaks down traditional barriers between finance and other business functions. Marketing leaders can directly explore campaign ROI, operations managers can analyse cost trends, and executives can dive into performance metrics without requiring specialised technical knowledge or waiting for custom reports.

Scenario Modelling for Strategic Planning

Perhaps most important for FP&A teams, Jet Reports enables sophisticated scenario modelling that supports strategic planning initiatives. Finance leaders can quickly test multiple what-if scenarios, assess their financial implications, and present comprehensive analysis to executive teams.

Whether evaluating the impact of market expansion, assessing acquisition opportunities, or modelling different pricing strategies, Jet Reports provides the analytical foundation that supports confident decision-making. This capability transforms FP&A from a reporting function to a strategic planning partner.

Sci-Net + insightsoftware: A Partnership for Finance Transformation

While technology is critical, success also depends on effective implementation and ongoing support. This is where Sci-Net’s partnership with insightsoftware adds unique value for finance teams.

Sci-Net is an accredited Microsoft partner with extensive knowledge of the Microsoft product suite. Sci-Net works alongside insightsoftware utilising the Microsoft Dynamics 365 Business Central platform to deliver Jet Reports and its AI capabilities to organisations looking to modernise their financial reporting and FP&A functions. Together, we help finance teams move from static, reactive reporting to intelligent, strategic decision-making.

How Sci-Net Enhances Your Jet Reports Experience:

✅ Tailored Implementation: Sci-Net using Dynamics 365 configures Jet Reports to align with your specific business needs, ensuring smooth deployment and integration.
 ✅ Expert Training: Your team is equipped to fully utilise Jet Reports and its AI-powered capabilities, accelerating time-to-value.
 ✅ Ongoing Support: From troubleshooting to future planning, Sci-Net ensures your investment in Jet Reports continually drives measurable results.

By combining insightsoftware’s technology with Sci-Net’s deep expertise and personalised support, finance teams can confidently adopt AI and transform reporting processes, unlocking faster insights and better decisions.

The Future of Finance Is Now

For your finance team to thrive in the coming years, you will need to embrace AI not as a replacement for human expertise, but as an amplifier of human capability. By automating routine tasks, surfacing intelligent insights, and enabling strategic analysis, AI empowers finance professionals to focus on what truly drives business value.

The transformation is already underway. Finance leaders who act now will position their teams—and their organisations—for sustained competitive advantage. Those who wait risk falling behind in an increasingly data-driven business environment.

The choice is clear: embrace AI-powered FP&A tools like Jet Reports today, or watch competitors pull ahead with faster, more accurate, and more strategic financial insights. The future of finance isn’t coming—it’s here, and it’s powered by AI.

Ready to explore how AI can transform your FP&A operations? Discover how Jet Reports is making artificial intelligence actionable for finance teams and driving measurable business results.

Contact us here to discuss: hello@sci-net.co.uk

This article was written in partnership with insightsoftware, a global leader in financial reporting and performance management solutions.

Share

More Information

See our software in action. Find out more about how we help you take your business to the next level. Please drop us a message or request a FREE Demo via the form below and one of our team of experts will get back to you asap.

Thank you for signing up!