How CFOs can harness the transformative power of AI in finance

How CFOs can harness the transformative power of AI in finance

In this episode, we delve into the transformative role of the CFO in the rapidly evolving landscape of finance, shaped by the advent of digital technology and artificial intelligence (AI). Glenn Hopper shares his insights on how the traditional responsibilities of CFOs are expanding beyond mere financial reporting to encompass strategic guidance and predictive analytics.

The episode provides an understanding of how CFOs can become pivotal change agents within their organizations. It discusses the importance of embracing technology and AI to not only enhance forecasting and metrics reporting, but also to drive informed decision-making processes. The episode also explores the value of leveraging data from a variety of sources, beyond financial data, to gain a competitive edge.

The episode also explores the reasons for CFOs to conduct thorough reviews of business processes across all departments and explains how identifying inefficiencies and optimizing data flows can help to improve an organization's overall performance. Plus, it offers some insights into the potential opportunities and limitations of AI in financial planning and analysis (FP&A).

Finally, the episode addresses the strategic leadership skills required by CFOs in this age of digital transformation. Glenn shares insights on the need for CFOs to understand data science principles and responsibly leverage AI tools to enhance organizational efficiency.

© 2024 Ernst & Young Global Limited

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(80)

How CFOs are rewriting the definition of leadership

How CFOs are rewriting the definition of leadership

In this episode of the Better Finance: CFO Insights podcast, Myles Corson speaks with Sheryl Estrada, senior writer at Fortune and author of the CFO Daily newsletter. Drawing on her conversations with...

24 Aug 32min

What CFOs should fix before scaling AI in finance

What CFOs should fix before scaling AI in finance

Many finance organizations are exploring how to scale AI, but readiness remains uneven across teams and processes.  In this episode of the EY Better Finance: CFO Insights podcast, host Myles Corson ...

22 Juli 38min

How real-time liquidity can help treasury unlock capital and drive value

How real-time liquidity can help treasury unlock capital and drive value

Treasury is entering a new phase of responsibility, one defined by continuous action rather than periodic oversight.  In this episode of the EY Better Finance: CFO Insights podcast, host Myles Corso...

29 Maj 30min

Why CFOs should recognize the hidden specialists who quietly drive success

Why CFOs should recognize the hidden specialists who quietly drive success

In this episode of the Better Finance: CFO Insights podcast, host Myles Corson is joined by Jack McCullough, President of the CFO Leadership Council, to explore how CFOs can uncover and support hidden...

30 Apr 26min

How CFOs can drive profitable growth through finance and customer focus

How CFOs can drive profitable growth through finance and customer focus

In this episode of the EY Better Finance: CFO Insights podcast, Myles Corson speaks with David Homonoff, CFO at Feast & Fettle, about what it takes to lead finance in a fast-growing business where cul...

23 Mars 25min

How CFOs can navigate industrial policy and the energy transition

How CFOs can navigate industrial policy and the energy transition

In this episode of the EY Better Finance: CFO Insights podcast, Brian Tomlinson, Managing Director, ESG, Financial Accounting Advisory Services, Ernst & Young LLP, speaks with Jan Rosenow, Professor o...

25 Feb 34min

How CFOs can connect pricing strategies to drive revenue growth

How CFOs can connect pricing strategies to drive revenue growth

In this episode of The EY Better Finance: CFO Insights podcast, host Myles Corson speaks with Riya Grover, CEO and co-founder of Sequence, about how CFOs and finance leaders can navigate revenue compl...

28 Jan 26min

When AI forecasts cash in real time, will treasurers finally trust the numbers?

When AI forecasts cash in real time, will treasurers finally trust the numbers?

Cash flow forecasting and liquidity confidence have become defining priorities for CFOs and finance leaders, yet both remain persistent challenges across organizations.  Two studies, APQC's Cash Flo...

15 Dec 202528min

Populärt inom Business & ekonomi

framgangspodden
varvet
rss-jossan-nina
badfluence
24fragor
rss-borsens-finest
avanzapodden
svd-tech-brief
uppgang-och-fall
rss-inga-dumma-fragor-om-pengar
rss-kort-lang-analyspodden-fran-di
tabberaset
lastbilspodden
fill-or-kill
rss-dagen-med-di
rikatillsammans-om-privatekonomi-rikedom-i-livet
rss-veckans-trade
rss-wallnor-pm
borsmorgon
bathina-en-podcast