Picture of I’m curious to know how emerging technologies (e.g., AI, blockchain) are being leveraged within the finance department?

I’m curious to know how emerging technologies (e.g., AI, blockchain) are being leveraged within the finance department?

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Anonymous asked during the live chat Live Q&A Event: Inside the Kingfisher Finance Graduate Scheme to Kingfisher Plc

Category: General

Date asked: Wednesday, February 19, 2025

Last reviewed: Thursday, February 20, 2025

Picture of Matt B.

Matt B.

FP&A Manager - Planning

Hi there!! Emerging technologies, especially AI, has become a key topic across Kingfisher over the last few years...we even have our own internal team to develop our tools! I would say AI is still in its infancy in finance but we currently use it to support in a wide range of topics, from supporting our accounting processes (invoicing, vendor payments etc) to sales forecasting!

Wednesday, February 19, 2025

Anonymous

Awesome, thank you for the insight. As someone studying Fintech as a degree, I am interested to know how Kingfisher incorporates data-driven decision-making into its financial analysis?

Wednesday, February 19, 2025

Picture of Matt B.

Matt B.

FP&A Manager - Planning

The list is endless! We use our internal data to understand our customer behaviours on our website, how efficiently our stores are running, how the weather impacts sales trends etc etc

Wednesday, February 19, 2025

Anonymous

Nice, thank you for the info.

Wednesday, February 19, 2025

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