Although more than half of all finance teams have implemented AI, it would appear they’ve not taken full advantage of its capabilities and realized the total value it can bring.
Ultimately AI is here to stay, and it’s already revolutionizing how we work. Organizations are shifting investment and resources to make this happen, with 26% of C-Suite decision-makers who do not currently use AI in their finance departments saying they will definitely introduce it in the next two years.
And to make the most of your investment, finance professionals shouldn’t just focus on building up technical skills around AI. They also need the soft skills that will enable them to partner with other teams within the organization, explain the numbers in ways that others understand and influence the strategic decisions that will impact business outcomes.
Ultimately technology should support this, providing ease of use with self-service capability, pre-configured templates and industry models, and a business configurable platform.