Grischa Rehmer’s Post

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Head Of Development (Planning Analytics / TM1, Generative AI) @ GMC² GmbH

One of the biggest challenges in planning and reporting is the targeted preparation of statements to the management level based on the data and, above all, the comments. Controllers spend hours and days sifting through data and text, processing and summarizing reports to enable their superiors to make intelligent decisions. The problem: while numerical values are added and subtracted by their planning-software and the totals can be understood by their components, the problem with comments is the interpretation, language, quality and how to consolidate them and work them to a presentable message. You don't want to simply consolidate the comments or pick out individual ones and neglect others. In the end, business decisions should be made on the basis of all applicable data and comments and not just a fraction of it. To find a solution to this issue, what could be more obvious than to make use of modern generative AI methods? In our specific case with IBM Planning Analytics, we use our Jupyter Lab (GMC² PACO HUB) and connect the TM1 data model with freely available LLMs such as Gemma, Llama3, Mixtral, etc. via TM1py - but of course watsonx or the current GPT-4o are no problem either. There we generate management summaries automatically, or at the push of a button from PAW, across any level of the multidimensional data cube. The highlight: it is completely irrelevant in which language the comments were written and in which language I want the comments to be displayed - the translation can be taken over at the same time and populated on another layer of my TM1-model. And all of this neatly integrated with IBM Planning Analytics and the use of open source software. This makes it easy to get a taste of the world of generative AI with a focus on planning and reporting. We discuss this in our latest blog-entry in more detail. https://lnkd.in/e_sx2V3k The text of the blog is in german language, but I guess you already know of some neat-translation-solutions. GMC² GmbH IBM #ibmplanninganalytics #planninganalytics #tm1 #genai #managementsummary #predictiveanalytics #machinelearning

GenAI in IBM Planning Analytics: Innovationsschub im Reporting durch automatisierter Management Summary

GenAI in IBM Planning Analytics: Innovationsschub im Reporting durch automatisierter Management Summary

https://gmc2.de

Paul Young

I am currently looking for Business Adviser or Financial Performance Management or ESG SME or Public Policy SME or Senior Financial Analyst or Senior Customer Success Management or Financial Solutions Expert

8mo

I can add a bit more color. It is all about streamlining the close, consolidate, and reporting cycle. This ties nicely into my work on the close, consolidate, and reporting cycle - Blog – How to streamline the Close Consolidate and Reporting Cycle - https://www.linkedin.com/posts/paul-young-055632b_how-to-streamline-the-close-consolidate-and-activity-7103030891395907584-Ne_W?utm_source=share&utm_medium=member_desktop

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