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It was a great day 1 at the Gartner CFO & Finance Executive Conference, in Washington, National Harbour. How to navigate AI challenges, boost productivity and effectively lead through finance transformation. #GartnerFinance #GartnerLive #CFO #Finance #AI

🔍 Three Pillars for CFOs Navigating Gen AI As the business landscape evolves, so does the role of Chief Financial Officers (CFOs). The emergence of generative AI (Gen AI) presents both opportunities and challenges for finance leaders. Here are three simple but critical factors that CFOs should consider: 1. Strategic Prioritization: CFOs must select a small number of use cases that can have the most meaningful impact within their organizations. Rather than implementing Gen AI everywhere, focus on specific areas where it can drive value. Prioritize projects that align with the company's strategic goals and financial performance. 2. Resource Allocation: Gen AI won't create value on its own; it requires proper resource allocation. CFOs should identify the largest opportunities for value creation and ensure that these initiatives receive the necessary funding and support. Remember, capital is finite, and projects compete with one another. Prioritize the most value-accretive projects, regardless of whether they are AI-related. 3. Learning Curve: CFOs should aim to be Gen AI enablers rather than gatekeepers. Ascending the Gen AI learning curve is essential. Understand the technology, its potential impact, and the risks involved. Collaborate with other business functions to explore Gen AI's capabilities and drive innovation. In summary, CFOs play a pivotal role in harnessing the power of Gen AI. By strategically prioritizing use cases, allocating resources effectively, and embracing the learning curve, finance leaders can position their organizations for success in the AI-driven future. #GenAI #FinanceLeadership #DigitalTransformation #CFO #Finance #ArtificialIntelligence --- Note: The information provided here is for educational purposes only and does not constitute professional advice. Always consult with expert professionals before making strategic decisions. 📊

The Evolving Role of Financial Controllers: Embracing Technology and Strategy 📈💡 In today's rapidly changing business landscape, the role of financial controllers is undergoing a significant transformation. A recent report highlights that 86% of controllers anticipate major changes in their careers over the next five years. This shift is moving from a focus on value protection—ensuring internal controls and compliance—to value creation through technology, strategy, and data. Key Insights: Strategic Partnership: Controllers are evolving into trusted partners for CFOs, contributing as analysts, collaborators, and innovators. They are not just accounting experts but also leaders who drive transformation. Technology and AI: Nearly 90% of controllers are already leveraging AI to automate routine tasks and uncover strategic insights. This technology enables controllers to pivot towards strategic opportunities and value creation. Empowering Controllers: CFOs are encouraged to empower their controllers by providing training in future-focused skills, fostering a culture of innovation, and inspiring teams to become problem solvers. As the financial landscape continues to evolve, embracing technology and strategic thinking will be crucial for controllers and financial teams. By focusing on value creation and leveraging AI, controllers can play a pivotal role in driving business success. 🔗 Connect with me on LinkedIn #FinanceTransformation #AIinFinance #FinancialLeadership #ValueCreation #CFO #FinancialController #Innovation #TechInFinance #Leadership #FutureOfFinance #TalentAcquisition #Accounting #DataDriven

90% of CFOs plan to increase spend on AI this year across the enterprise as well as in the Finance function. However AI governance issues around understanding the true costs are stalling initiatives and thus the returns expected. There is still too much emphasis on understanding risk and not enough on Value and Cost. Explore the latest edition of the CFO Report to receive expert answers to the top 4 CFO challenges from this past quarter. #GartnerFinance #CFO #FinancePriorities 

90% of CFOs plan to increase spend on AI this year; however, AI governance issues and lower finance employee retention are threatening transformation plans. Explore the latest edition of the CFO Report to receive expert answers to the top 4 CFO challenges from this past quarter. If you would like to discuss any of the challenges in more detail, feel free to reach out. #GartnerFinance #CFO #FinancePriorities 

90% of CFOs plan to increase spend on AI this year; however, AI governance issues and lower finance employee retention are threatening transformation plans. Explore the latest edition of the CFO Report to receive expert answers to the top 4 CFO challenges from this past quarter. #GartnerFinance #CFO #FinanceLeaders #FinanceExecutives #AIGovernance #FinancePriorities 

Very relevant discussions around how to prepare for the critical changes digital transformation and GenAI are bringing… terrific keynote to kick off this year’s Gartner Finance conference #gartnerfinance

Follow the money - take a listen to hear what CFOs are learning about AI investments!

Have a great week everyone! 90% of CFOs plan to increase spend on AI this year; however, AI governance issues and lower finance employee retention are threatening transformation plans. Explore the latest edition of the CFO Report to receive expert answers to the top 4 CFO challenges from this past quarter. #GartnerFinance #CFO #FinancePriorities