The game has changed for #financeandaccounting. Forget spreadsheets — AI, data analytics, and collaboration are the new frontiers. The search for F&A talent with these in-demand skills can be a struggle. Let Judge take the weight off your shoulders. Contact us today: https://lnkd.in/eJr72XPH #AI #Finance #Compliance #Talent
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Senior Associate at ECOVIS | Financial and performance management reporting and advisory for Financial Services, Renewable Energy and Retail sectors
A new KPMG survey revealed that one in three directors in the UK's financial services are integrating artificial intelligence into their daily operations. CEOs use AI daily for tasks ranging from speechwriting to strategic financial planning. 💡 The use of AI is not just limited to automation. It's enhancing creativity and efficiency. Directors report using AI primarily for brainstorming, research and customer data analytics, a trend that's assuredly reshaping future financial strategies. 🤖 However, the rapid adoption of AI is also sparking concerns among professionals. Many professionals fear the potential job disruptions AI might bring, with 64% of Londoners particularly worried about their future job prospects. 🌍 As AI continues to evolve, industry leaders emphasise the importance of embracing this technology, not just for operational efficiency but also for competitive advantage. They highlight the need for ongoing learning and adaptation to fully leverage AI's potential in boosting productivity and growth. 🔍 Despite these challenges, the promise of AI in transforming financial services is undeniable. It's crucial for the sector to address knowledge gaps and regulatory uncertainties to build trust and ensure the ethical use of AI. What are your thoughts on the integration of AI in your field? #Finance #ArtificialIntelligence #AI #AIinFinance #FutureOfWork #KPMG #FinancialServices #Innovation #TechnologyAdoption
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AI will replace analysts' jobs, and we believe that's a good thing. In this blog post, our CEO explains why and how you can prepare for this revolutionary change in the world of finance. Read it here: https://lnkd.in/dyCK8sJ7 🦋
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I've noticed that discussions about AI and jobs often swing between extremes, either "apocalyptic" or "overblown." What's often overlooked is that, regardless of the outcome, AI is set to become an integral part of the workforce. "Nearly half (46%) of large US firms plan to use AI within the next year to automate tasks previously done by employees, according to a survey of finance chiefs released Thursday. Those tasks include everything from paying suppliers and doing invoices to financial reporting..." As with any innovation, there are both risks and rewards. It's crucial for us to have a balanced conversation about what this AI-driven future will entail and how it will shape our workforce. #AI #CNN #Tech #News #Jobs #Economy #EthicalAI #AIJournalism https://lnkd.in/geubkR9B
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Attention retail professionals! Are you worried about how your business is going to navigate the AI revolution? Kevin Ellis, the UK boss of PwC, recently warned that employees who don't return to the office risk being replaced by artificial intelligence. But how can you ensure that your company is on the forefront of this change? Don't overlook the role of AI in retail operations. It may seem intimidating, but there are professionals like Domain consulting who can help you develop strong AI systems and advance your career. Don't miss out on the opportunities that AI can bring to the retail industry! #aiconsulting #aicareerdevelopment #retailcareer
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The quest for top-notch AI professionals is more akin to a strategic game of chess than a straightforward recruitment process. As depicted in this insightful chart from Gartner, the criteria we set can drastically narrow down the pool of eligible candidates. With just four technical prerequisites and a minimum experience threshold of three years, an astonishing 98% of the potential talent pool is sidelined. This sparks a critical conversation: Are our recruitment standards and expectations aligned with the reality of the talent market? How can we balance the demand for experienced professionals with the opportunity to nurture emerging talent? What strategies could companies employ to broaden their search and support the development of the skills they need within their own ranks? By reflecting on these points, we can better navigate the complex landscape of AI talent recruitment. Share your thoughts on how we can innovate our approach to uncovering the AI superstars of tomorrow. #AITalent #RecruitmentChallenges #WorkforceDevelopment #TechTalent #GartnerInsights
Through 2025, 40% of finance roles will be either new or significantly reshaped due to finance technology. Discover how to find and retain top talent in the AI generation: https://gtnr.it/45yuEWf Gartner for Finance | #GartnerFinance #AI #Finance #Technology
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🏅 LinkedIn Top HR Voice |🤝 Strategic HR Business Partner | 💼 Talent Acquisition & Employee Engagement Expert | 🌐 Active Member of Amaravati HR Chapter & GHRD | 📚 Lifelong Learner & HR Innovator | Ex Jio | Amara Raja
How AI is Reshaping Job Departments: Insights from Recent Analysis AI is rapidly transforming various job departments. Here's a quick overview of the impact: - #IT: 73% tasks are automated or significantly altered, 26% remain largely unchanged, 1% no impact. - #Finance: 70% tasks automated or altered, 21% unchanged, 9% no impact. - #Customer Sales: 67% tasks automated or altered, 16% unchanged, 17% no impact. - #Operations: 65% tasks automated or altered, 18% unchanged, 17% no impact. - #HR: 57% tasks automated or altered, 41% unchanged, 2% no impact. - #Marketing: 56% tasks automated or altered, 41% unchanged, 3% no impact. - #Legal: 46% tasks automated or altered, 39% unchanged, 15% no impact. - #Supply Chain: 43% tasks automated or altered, 18% unchanged, 39% no impact. This analysis, based on over 19,000 tasks across 867 occupations, shows the profound impact of AI on the workforce. Source: Data Visualization #AI #FutureOfWork #JobTransformation #Automation #CareerInsights
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GenAI in Finance is a highly sought-after skill among ML professionals. Large Language Models are already transforming the customer journey by generating unique insights. Check out this interesting take by Gartner on the need for AI talent in Fintech today! #Fintech #GenAI #artificialintelligence #gartner
Through 2025, 40% of finance roles will be either new or significantly reshaped due to finance technology. Discover how to find and retain top talent in the AI generation: https://gtnr.it/45yuEWf Gartner for Finance | #GartnerFinance #AI #Finance #Technology
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The importance of Finance and data usage in how we run companies has evolved to a higher level but at the heart information and efficiency are still key. Join my fellow partners and good friends Stephanie Terrill and Aris K. For a great discussion on AI and Finance. Both are amazing professionals and surely a great investment of your time. #KPMG #AI
Canadian Managing Partner, Digital & Transformation and National Leader, Management Consulting at KPMG Canada
Are you a #CFO or finance leader looking to learn how to best leverage #AI to achieve #financetransformation? Then you won’t want to miss our upcoming DX Coffee Chat “The CFO and AI: Shaping the Future of Finance” this Thursday, June 27 at 11:30am ET. Grab a coffee and join me, as I chat with industry veterans Steve Suarez® and Aris K. about the key elements that every CFO should consider in relation to AI and #GenAI. Register now to gain fresh perspectives for your AI strategy and financial planning: https://lnkd.in/gg3_Xebt
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A recent report by IMA on the global impact of AI on accounting and finance professionals revealed that while AI won't replace human expertise, it will undoubtedly transform the profession. To thrive in this evolving landscape, professionals will need to cultivate new skills like data analysis and critical thinking. Additionally, organizations must embrace AI and foster a culture of continuous learning. As a global accountant and financial professional, I'm energized by the future of our field and the impact of artificial intelligence (AI). AI has the potential to make my job more efficient by simplifying data analysis, forecasting, and decision-making. But I also recognize the need to embrace and adapt to this change, focusing on building my tech skills, data analysis capabilities, critical thinking, and cross-functional collaboration. Upskilling and reskilling our teams and fostering a culture of continuous learning are crucial for our organizations. We must navigate AI-related risks and adopt ethical AI practices. I'm confident that through collaboration, we can ensure AI is used responsibly and ethically, benefiting the accounting and finance profession as a whole. for more info visit site: https://zurl.co/izVG #leadershipdevelopment #innovation #disruption #AI #accounting #accountingjobs #upskilling #makca
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Investment Analyst | Stocks | Equity Research | Asset Management | (FMVA)® Certified Financial Analyst |-- (BIDA)™ Data Analyst
#AI #FINANCE Transformation of Junior Roles: As AI takes over routine tasks, entry-level positions may evolve to focus more on strategic thinking & client relationships. Soln: Lets upskill; & focus on relationship-driven aspects of work.
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