#1: What CFOs Need to Know About AI & Automation
This episode explores ways AI and automation are transforming finance functions, and why CFOs should be paying attention. We'll discuss the benefits and challenges of implementing AI and automation in finance departments and provide insights into successful case studies.
Many CFOs are not yet using AI, with 60% in a recent poll saying they don't use it. With this data in mind, we explore what are people afraid of, use cases that can be implemented now, and what's trending in the headlines. We also hit on:
Many CFOs are not yet using AI, with 60% in a recent poll saying they don't use it. With this data in mind, we explore what are people afraid of, use cases that can be implemented now, and what's trending in the headlines. We also hit on:
- Opportunities for finance teams in areas like risk management, compliance, customer retention, and staff retention/augmentation
- Challenges with implementing AI include job displacement, staffing shortages, embedded bias, cybersecurity threats, and data privacy concerns
- Practical applications for AI in the workplace, include generating emails, presentations and financial summaries
Have a question or topic on AI or automation that you want to learn more about? We're all ears—literally 🎧
Shoot us an email and let us know what we should talk about next: thejunction@venntechnology.com
Shoot us an email and let us know what we should talk about next: thejunction@venntechnology.com
