Finance teams lag behind HR, legal in AI adoption: Gartner – CFO Dive
Dive Brief:
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Most corporate finance teams are lagging behind other departments in the adoption of tools powered by artificial intelligence, according to a recent Gartner report.
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The survey found that 61% of finance functions either had no plans for AI implementation or were still in the initial planning phases. Only 9% of finance organizations were in the scaling and using phases, compared to 20% of other administrative support functions, such as human resources, legal, real estate, information technology and procurement.
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“CFOs want to be sure they can trust the technology, and part of that trust is understanding how it works and where it fits” within the finance function, Marco Steecker, a senior principal in Gartner’s finance research practice, said in an interview.
Dive Insight:
Jack McCullough, founder and president of the CFO Leadership Council, said that most of his members are intrigued by the potential of generative AI in particular, even if they are moving…
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