The Future of Finance: Exploring the Role of AI

CFOs and other finance leaders have plenty on their plates. Gone are the days when all they had to worry about were balance sheets, P&Ls and management reports. Today’s finance leaders are operating in volatile and uncertain times. Ankur Agrawal from McKinsey recently wrote about the blend of opportunity and challenge that modern CFOs face. Discussing McKinsey’s famous biennial survey of CFOs, he noted that the role and specifically the responsibilities have broadened in recent years. More functions and departments report to the CFO than ever, with more CFOs now taking responsibility for such areas as procurement, cybersecurity and even talent acquisition and retention. Finance leaders are at the forefront of these conversations, and must not only identify the optimal tech stack but must also be clear about the return on investment. Read more here.