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AI for Big Data

5 Reasons Why AI could be the Future of Finance

The role of the chief financial officer (CFO) has expanded beyond the traditional gatekeeper to financial resources, chief accounting officer and head recordkeeper. Today, CFOs in the digital enterprise are enablers of growth and strategic advisors to the CEO. Accenture research shows that 80% of CFOs see identifying and targeting areas of new value as one of their main responsibilities. With the CFO’s job description of operational duties and strategic roles changing constantly, financial leaders are looking towards technology to share some of their burden. Where possible, they are eager to automate and digitise accounting processes to save time and gain better visibility into business performance. Those that are further down this road via the implementation of cloud-based business soluti...