Custom AI-Powered Automations | AI-Implementation Specialist and Advisor | AI Engineer | Fractional CTO | Six Sigma Certified Process Engineer | Time Hacker | ROI Bloodhound | Professional Nerd
May 31 2024 AI News! Billtrust's new report, "Generative AI & The Office of the CFO," surveyed 375 U.S. CFOs, revealing that 65% now integrate AI into their strategy, up from 42% last quarter. Despite a knowledge gap, with only 49% feeling "very knowledgeable," CFOs report 32% efficiency gains and improved financial reporting. Key challenges include data privacy and workforce training. 77% plan to increase AI investment next year. Generative AI is revolutionizing CFOs' strategic landscape, driving operational efficiency and decision-making intelligence. What do you think about this shift? Thanks for reading! MY THOUGHTS 🧐 Billtrust's report is telling. I hear people talk about about data security concerns all the time with AI, and there are solutions. I would love to see the general sentiment of issues we may encounter with AI move away from “we can’t” to “how can we.” Do you guys have thoughts about this? Have you seen any interesting adoptions or lack of adoptions of AI in your industry? ⬇️Click the link below to read the article⬇️ https://lnkd.in/gbH5m6xM
Cofounder @ Profit Leap and the 1st AI advisor for Entrepreneurs | CFO, CPA, Software Engineer
5moThat's some serious AI talk! It's all about that efficiency, right? Noah Riley