Business Planning and Budgeting (Bonus use of AI tools)

Schedule Tuesday, April 9, 2024 || 08:00 AM PDT | 11:00 AM EDT
Duration 120 Mins
Level Basic & Advanced
Webinar ID IQW24C0339

  • Budgeting and forecasting fundamentals
  • How to research and make assumptions using AI tools.
  • Practical case study to show how budget of a hotel is done.

Overview of the webinar

This comprehensive course has been meticulously crafted to empower finance professionals with the essential skills and knowledge required to harness the transformative potential of Artificial Intelligence (AI) tools in the realm of budgeting and forecasting. In a dynamic learning experience spanning about 120 minutes, participants will embark on a journey to understand how AI is revolutionizing traditional financial planning, elevating precision, streamlining processes, and elevating strategic decision-making to unprecedented levels.

The course is thoughtfully structured, commencing with a comprehensive exploration of the evolution of financial planning, tracing its fascinating journey to the contemporary landscape of AI-enhanced methodologies. By delving into this historical context, participants will gain profound insights into how financial planning practices have evolved over time and the pivotal role AI plays in shaping modern finance.

Furthermore, the course provides invaluable guidance and practical strategies for seamlessly integrating AI tools into the critical domains of budgeting and forecasting. Learners will emerge equipped with a robust understanding of the principles and best practices that underpin successful AI integration in these financial functions.

Moreover, participants will critically analyze the far-reaching impact of AI on the dimensions of accuracy, efficiency, and decision-making within the realm of financial planning. Through engaging discussions and real-world examples, learners will come to appreciate how AI has become a cornerstone in driving financial planning processes towards unprecedented levels of effectiveness.

To deepen the practicality of the learning experience, the course incorporates a compelling case study. This case study will allow participants to contextualize their newfound knowledge and witness firsthand the real-world applications of AI in budgeting and forecasting.

In addition, the course offers an enlightening overview of cutting-edge AI tools, including the remarkable GPT-4, and other AI-driven analytics platforms. This ensures that participants are well-informed about the latest technologies and trends that are shaping the landscape of financial planning.

Who should attend?

  • GPT for finance professionals
  • Financial analysis using AI
  • Book keeping using AI

Why should you attend?

  • Understand the evolution of financial planning to the current state of AI-enhanced processes.
  • Learn the principles and best practices for integrating AI tools in budgeting and forecasting.
  • Analyze the impact of AI on accuracy, efficiency, and decision-making in financial planning.
  • Explore practical case studies demonstrating the real-world application of AI in budgeting and forecasting.

Faculty - Mr.CA Manish Gupta

With over 15 years of experience in the hospitality industry, I am a seasoned finance and business management professional, author, and founder.
I have authored a comprehensive guide on budgeting and forecasting principles for hospitality, and founded eHotel Management School, an online platform that offers over 30 courses on various aspects of hospitality management to over 100,000 students.
As the chief financial officer at Htoo Hospitality, I manage the overall business for six destinations, 15 hotels, and 800+ room inventory, with a manpower strength of 1500+.
I also serve as the acting CEO and head of business, setting up strategies and steering the re-opening of key hotels post covid.
I have successfully implemented ERP, management reporting systems, financial planning and analysis processes, and data visualization tools to optimize the operations and performance of the hotels.
I am passionate about learning and development, innovation, business growth, and lean management, and I aim to help one million professionals on finance, business management, and technology.

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