New research from KPMG International reveals the extent to which #AI is being deployed in organizations’ finance operations - supporting better data and decisions, faster insights and reporting, lower costs, and greater operational effectiveness. 71 percent of organizations are now using AI to some degree in their financial operations, with 41 percent to a moderate or large degree. This is predicted to rise to 83 percent over the next three years. David Rowlands, Global Head of AI, is quoted in this article: “Our research confirms it – AI is truly a global phenomenon that is being adopted by finance teams across markets and sectors.” Find out more: https://social.kpmg/ywwe6s
KPMG’s Post
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The integration of artificial intelligence (AI) and generative AI (gen AI) into finance functions is rapidly gaining traction, as organizations look to streamline operations and focus on higher-value tasks. According to a recent McKinsey Global Survey...
How AI and Generative AI are Transforming Finance Functions
https://dawgen.global
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In this ever-evolving market, AI has become the forefront of many discussions. While there are many benefits as well as risks, I believe it is important to understand and guide these changes, especially at the C-Suite level.
Why Should CFOs Care About Generative AI?
deloitte.wsj.com
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ERA Group | Business Consulting and Systems | Trusted Advisor | Cost Management | Strategy |
Keeping on the theme of Artificial Intelligence, (AI) thought I'd share this article from Deloitte in the WSJ. ERA Group has been implementing and continues to explore ways AI can be incorporated into our clients and our own processes to speed the way to better profitability. If you'd like to explore further, IM me on LinkedIn or call me at 570-560-4641 #GenerativeAI #CFO #CEO #Transformative
Why Should CFOs Care About Generative AI?
deloitte.wsj.com
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Great article in the WSJ for finance people about AI.
Why Should CFOs Care About Generative AI?
deloitte.wsj.com
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Marketing @ Documation | Saving Finance, Procurement & IT teams up to 80% with Finance Automation
I found an insightful article on how finance leaders can capitalise on the benefits of investing in AI and automation. It's clear that AI will continue to play a significant role in transforming financial processes. If this is of interest, I've shared the link below 👇
Tactics for finance leaders to maximise the potential of AI
fm-magazine.com
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The #CFO role is central in driving #innovation and #AI adoption. Great article on how CFO’s can jump in and not get left behind.
The AI ultimatum: Why CFOs can’t afford to wait
cfo.com
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Some interesting thoughts on AI in finance. Of particular interest would be the use of AI to identify and generate narrative around emerging trends and also to help develop budgets and forecasts based upon real data. https://lnkd.in/ejKDdzGD
4 considerations for finance teams about gen AI
fm-magazine.com
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CMO/CRO | Scaling B2B SaaS Businesses | Board Member & Committee Chair | Mentor | Sustainability Advocate | Former Microsoft & Salesforce Executive
Very relevant topic : what #CFOs need to understand about #AI. AI Business focuses on predictive capabilities, but AI has been used for years to anticipate remittances and money flows, check for fraud and, of course, cryptocurrencies. It may also play a role in the work on #internalising environmental value and risks. Thoughts? https://lnkd.in/exQ4AEjx
How Chief Financial Officers Can Make the Most of AI
aibusiness.com
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AI is transforming finance teams, and the shift is happening now. According to KPMG's recent survey, over 70% of companies already use AI in financial reporting, and nearly 60% of companies expect to prioritize it in the next year. However, barriers like data security, limited AI skills, and inconsistent data remain challenges. To succeed, finance leaders need to invest strategically, ensuring they have the right talent, accurate data, and a clear narrative from AI insights. The future is here—are you ready to embrace it? Read more: https://lnkd.in/eziRn38u #AIinFinance #GenerativeAI #FinanceTransformation
Ledger check: How finance teams can transform using AI
cfodive.com
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Middle-market companies—upgrade your digital transformation strategies. Unlock the potential of AI for finance operations, explore use cases and best practices for workflow automation and predictive analytics in Cherry Bekaert's recent insights. https://okt.to/FHG8rh #DigitalTransformation #AI #FinanceOperations #WorkflowAutomation
AI and Advanced Analytics - The Finance Function of the Future
https://www.cbh.com
Digital Marketer | SEO Executive| Digital Marketer| Inbound & Outbound Marketing | Social Media Marketing | Email Marketing | Product Marketing | 6+Years of Experience in Content Writing and Digital Marketing.
3wKPMG, - AI is becoming the calculator of the modern finance world—speeding up tasks, reducing errors, and revealing patterns we never saw before. - Imagine making decisions with the clarity of a crystal ball—AI transforms data into actionable insights at lightning speed. - By automating tedious processes, it frees up time for humans to focus on strategy and innovation. - Faster reporting isn’t just about saving time—it’s about responding to market changes in real time. - Lower costs aren’t just financial; they reduce the energy and resources spent on inefficiencies. - Think of it as a co-pilot, enhancing the precision of finance teams rather than replacing their expertise. - The predicted growth in adoption shows AI isn’t just a trend—it’s a key tool for staying competitive. - Organizations embracing AI are setting themselves up to win in an increasingly data-driven world. - This isn’t just tech—it’s transformation, creating smarter and more resilient operations. - The future of finance feels brighter when technology and human insight work hand in hand.