What roles are most compatible with what AI does best? Making predictions. And the roles in Finance are at the top of the list.But what if we flip the question, and ask which humans in our organizations are most like AI?I’m thinking about the roles that are most compatible with what AI does best: making predictions. And the roles in Finance are at the top of my list.
Why? CFOs will quickly find themselves jobless unless they can give the CEO a clear picture of is likely to happen in the next quarter, if not the next year. And AI can help the humans with that.found that AI can untangle intricate relationships between economic indicators or financial variables and create not just forecasts but alternate future scenarios at a depth that is impossible for humans to match.
Furthermore, finance isn’t your typical corporate silo. It relies on information gathered from every part of the business to fuel its auditing, reporting, compliance, and risk management processes. When that information improves, finance can do a better job – and the rest of the business benefits.found that when AI is used to improve forecasts about anything – customer demand, supply chain disruptions or delays, product defects, equipment failures – finance can make better estimates too.
In this easy-to navigate FAQ, we deflate the hype and answer your biggest questions about using AI in Finance and the rest of the business. Read it to learn the reality about the strengths and weaknesses of AI, how to think about its effect on the finance organization, how to govern AI investment and deployment decisions across the rest of the business, and advice gathered from deep research.
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