CFOs and finance teams stand on the brink of a transformative era as a result of the proliferation of artificial intelligence (AI) and machine learning (ML). The integration of AI and ML in finance is not merely a trend but a strategic transformation that redefines the role of CFOs from financial stewards to drivers of business innovation. However almost half of finance professionals are yet to integrate AI into their practices, held back by concerns over complexity and preparedness.

Despite the promises of enhanced efficiency and decision-making, the integration of AI in finance operations demands a strategic overhaul. The transition requires a foundational change in data management, process automation, and workforce upskilling. It also raises pressing questions about the readiness of current infrastructures, and the strategies required to embed AI meaningfully into the finance function or department.

This webinar hosted by the Financial Times in partnership with Workday explored the steps needed to integrate AI into finance teams, prepare data for the AI leap, leverage cloud automation and set a course where AI not only complements but also amplifies the strategic capabilities of finance professionals.

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