Finance offices have been slow to meaningfully adopt artificial intelligence, often due to leaders' perception of the function's traditional role. Finance leaders who encourage teams to stay alert to changes in the business environment, experiment in the course of work, think differently about the future, and embed new practices may see greater AI adoption and benefits. Artificial intelligence was supposed to dramatically change the corporate finance function. Forecasts would become more accurate and more frequent. Closing cycles would shorten. Risks would be identified earlier. Scenario planning would evolve from an occasional exercise into a continuous capability. On the basis of those optimistic predictions, many finance leaders have invested heavily in the technology. However, when CFOs speak in private, a different story emerges. There are proofs of concept that never leave their sandboxes. Models that looked promising in pilot sit unused when the pressure of the quarter hits....
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