As talent shortages challenge the accounting and finance industries, CFOs are turning to artificial intelligence (AI) as a potential solution. This article from CFO.com highlights insights from EY’s Daren Campbell on balancing AI integration with the need to retain senior accountants’ expertise. It also explores how finance leaders can rethink training strategies to ensure both seasoned professionals and AI-savvy newcomers thrive. https://lnkd.in/gf4bXCtX
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Finance leaders from DUDE Wipes, E.L.F. BEAUTY, Fireworks Over America, the Portland Pickles Baseball Team and more share how they are using AI within their finance teams. “The way I see it is that AI will take out people who aren’t good in the market, and it has created an initiative to figure out new ways in which people can add value,” said Jasmine DiLucci, JD, CPA, EA. “I hope that AI will one day be able to enhance my firm to the point where it’s easier to run, I can hire fewer employees with more output, that sort of thing.” Read the latest edition of the CFO Peer Audit with takes from Jeffrey Klimkowski, Mandy Fields, Mike Zielinski, alan miller, Nathan Carter and Jasmine DiLucci, JD, CPA, EA here: https://lnkd.in/e7UfqHTH
CFO Peer Audit: How is your progress on AI implementation and guidance?
cfo.com
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How can #GenAI help with financial reporting? Thomas Mackenzie, KPMG US and Global Audit CTO, spoke with CFO Brew's Natasha Pinon for this exclusive story about how KPMG is integrating GenAI into our global smart audit platform, KPMG Clara and our exciting AI journey. Always great to work with Natasha! #artificialintelligence #technology #CFOs
KPMG unveils generative AI integration in its smart audit platform
cfobrew.com
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I'm often called in to assist businesses that have trusted someone who claimed to have deep expertise in financial management processes—but unfortunately, lacked the necessary skills. While it can be easy to point fingers at the finance manager, these situations reveal something more important: the blind spots we all have as business owners, supervisors, employees and board members. As Adam Grant discusses in Think Again, overconfidence can often overshadow accuracy. But it's not just about one person's mistake. It's about our collective responsibility to ensure proper fiscal oversight. We need to recognize that fiscal management isn't just one person's problem or responsibility—it's something we all need to be actively engaged in. That's why Fiscal Eye exists: to provide the tools for better oversight, deeper understanding, and the ability to monitor finances effectively. We’re here to help ensure these oversights don’t happen, because the health of small businesses—so vital to our communities—depends on it. #AI #FiscalOversight #FinancialManagement #SmallBusiness #BlindSpots #UnconsciousBias
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AI has dramatically changed the role of chief financial officers. Traditionally CFOs focused on protecting the company’s assets and guarding against risk. Today, CFOs are gatekeepers deciding which AI projects get funded and how much this technology will play a role in enterprise strategy. Learn more in this CIO article by Narasimha Kini, EVP, EXL.
The new CFO: How AI has changed the game for chief financial officers
cio.com
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AI has dramatically changed the role of chief financial officers. Traditionally CFOs focused on protecting the company’s assets and guarding against risk. Today, CFOs are gatekeepers deciding which AI projects get funded and how much this technology will play a role in enterprise strategy. Learn more in this CIO article by Narasimha Kini, EVP, EXL.
The new CFO: How AI has changed the game for chief financial officers
cio.com
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🚀 CFOs are increasingly embracing automation! 🌐 Recent insights highlight that #CFO are super keen on leveraging automation to drive #efficiency and #innovation within their organizations. As financial leaders strive to streamline operations and enhance decision-making, automation is becoming a key strategic tool. At Kore.ai, we are excited to support this transformation with our advanced conversational AI solutions, helping CFOs achieve their goals seamlessly. #Automation #CFO #Innovation #AI #Finance #Genai https://lnkd.in/grDbfrTu
CFOs are really super duper keen on automation
cfobrew.com
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Growing organizational investments in artificial intelligence (AI) and generative AI demand the CFOs’ investment scrutiny, risk management expertise and data governance knowledge.
CFO priorities center on data protection, planning, process improvement and leadership
cfo.com
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What if AI could completely transform the way you manage financial risk and auditing? At #TheMindBridgeConference, this was explored in depth. Watch the full session recap here: https://ow.ly/nOzc30sH131 This session featured experts from Microsoft and MindBridge who discussed how AI is reshaping risk management, unlocking strategic insights, and streamlining financial oversight. For CFOs, auditors, and controllers, AI isn’t just a tool—it’s essential for staying competitive and driving efficiency in today’s complex environment. 🎥 Watch the full session recap and see how AI can elevate your financial governance. #finance #auditing #fintech #automation #AI #riskmanagement
How responsible AI is revolutionizing financial governance and auditing
https://www.mindbridge.ai
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Are you ready to tackle the key challenges facing your business in 2025? Join us for Jefferson Wells complimentary 5th annual Virtual CPE Conference from November 12-14, 2024. Featuring 9 webinars, this conference covers everything in one place — From best practices for mitigating the rising incidents of white-collar crime to construction audit strategies to unlocking the business potential of AI and data analytics and real reasons why transformation projects fail, there’s something for everyone. Register for the entire series or individual sessions. #JeffersonWells #VirtualCPEConference #BusinessStrategy #InternalAudit #WhiteCollarCrime #AI #RiskManagement #ProfessionalDevelopment
Register now for Jefferson Wells 5th annual Virtual CPE Conference!
https://series.brighttalk.com
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Are you ready to tackle the key challenges facing your business in 2025? Join us for Jefferson Wells complimentary 5th annual Virtual CPE Conference from November 12-14, 2024. Featuring 9 webinars, this conference covers everything in one place — From best practices for mitigating the rising incidents of white-collar crime to construction audit strategies to unlocking the business potential of AI and data analytics and real reasons why transformation projects fail, there’s something for everyone. Register for the entire series or individual sessions. #JeffersonWells #VirtualCPEConference #BusinessStrategy #InternalAudit #WhiteCollarCrime #AI #RiskManagement #ProfessionalDevelopment
Register now for Jefferson Wells 5th annual Virtual CPE Conference!
https://series.brighttalk.com
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3wAI integration in finance is indeed promising. Streamlining training to harness both veteran expertise and new AI tools can drive impressive results.