The Transforming Landscape of Finance: Embracing AI for Future Success
The financial sector is undergoing a significant transformation. With the rising necessity to streamline processes and detect irregularities before they escalate, artificial intelligence (AI) has transcended being a buzzword. It is now a crucial capability that organizations expect their financial leaders to integrate into their operations.
Expanding Expectations for Financial Teams
This expectation does not end with financial leaders; it extends to their teams as well. The shift toward incorporating AI demands a collective effort from all members within financial departments to adapt and evolve.
Challenges in the Current Financial Landscape
Despite the mounting need for AI integration, many financial departments face significant challenges. Most have not been structured to accommodate this change. With talent shortages already stretching teams thin, many current employees lack the necessary tools and training to harness the full potential of AI technologies.
Building a Future-Ready Financial Team
To develop a financial team that is not just prepared for AI but is empowered by it, organizations must take strategic steps. An upcoming free webinar titled Why Your Financial Team Needs an AI Strategy Now, hosted by Oracle Netsuite and Entrepreneur, will address these vital strategies for building such a team.
Insights from Industry Experts
The webinar features insights from Dr. Jill Schiefelbein, an AI strategist and host of the iHumanize Automation podcast, along with Rebeca Bichachi, CPA and Director of Marketing at Netsuite Oracle. Participants can expect to gain valuable knowledge on six specific strategies to build a financial service equipped for the future.
Practical Steps for Successful AI Integration
This informative session will go beyond theoretical discussions, offering actionable strategies to implement immediately. Attendees will learn:
- Why adopting an “intentional experiment” approach can facilitate AI integration
- How to diversify the talent pool by considering non-traditional finance roles
- Methods to reskill existing team members without overwhelming them
- Where to apply AI tools to liberate time for high-impact strategic work
- How to identify and reward early adopters and champions of AI within the organization
- What the “ideal candidate” looks like in today’s financial landscape, and why this definition is evolving
Aligning Your AI Ambitions with Human Capital
This session is designed for financial directors, controllers, and leaders in growing companies who wish to align their AI ambitions with their most valuable asset: their people.
Webinar Details
The Why Your Financial Team Needs an AI Strategy Now webinar is scheduled for Thursday, August 28, at 12 p.m. HE | 9 a.m. PT. Don’t miss this opportunity to equip your financial team with the knowledge and skills needed for a successful transition into the AI-enabled future of finance.