C A S H I N G
I N
C A S H I N G
I N
ALIGNING AI ADOPTION AND IMPLEMENTATION WITH THE ORGANISATION ’ S OVERALL STRATEGIC GOALS ALLOWS FOR THE DEVELOPMENT OF A COHESIVE ROADMAP .
CFOs can adopt , rather than build AI
With these measures in place , finance departments can leverage the benefits of AI to innovate . Thankfully , unlocking the potential of AI does not require busy CFOs to oversee the development of AI solutions in-house either . Instead , they can focus on ensuring their organisations are enjoying the productivity gains by using an out-ofthe-box AI solution .
The most useful and productive AI works in the flow of an organisation ’ s existing processes . Finding insights shouldn ’ t take a separate team of specialists ; insights should be easily surfaced by leveraging AI within the applications , data and services a CFO and their team uses every day . Having AI ‘ embedded ’ in existing workflows ensures that CFOs don ’ t require a computer science degree to start using it . Instead , they can adopt out-of-the-box AI technologies that complement their existing software , rather than build from scratch .
Embracing an AI-enabled future
As advanced technologies continue to evolve , so will the role of the CFO . CFOs are ideally placed to lead their organisations towards adopting powerful technologies , like AI , and ensuring all employees can reap boosts to productivity and efficiency to ensure their business remains competitive . �
Driving cross-departmental collaboration
Beyond improving just one department in a business , an AI-savvy finance team creates a domino effect across the broader organisation . CFOs can reap significant benefits from cross-departmental AI adoption , and they are well placed to take a proactive role in driving this initiative throughout their organisation . Working closely with other internal leaders and stakeholders , CFOs can help establish a collaborative and data-sharing culture that maximises the benefits of AI .
For example , by sharing financial insights with marketing and sales teams , CFOs can help develop more effective strategies and improve overall business performance . The alignment of goals and data across the enterprise allows for a more comprehensive approach to AI adoption , resulting in better collaboration while at the same time fostering an innovative culture .
www . intelligentfin . tech
31