How CFOs plan to unlock GenAI productivity and cost savings

Generative AI is garnering significant interest among CFOs from various industries, who believe that this technology holds the potential to greatly enhance organizational productivity. CFOs are considering both short-term and long-term impacts of generative AI on productivity, revenue, and workforce dynamics while recognizing the crucial need to implement this technology responsibly.

As CFOs navigate the implementation of generative AI, their major concerns include:

Building a foundational layer

Establishing a robust data foundation for GenAI adoption is critical to long-term revenue and growth potential.  

Sequencing of GenAI

Focusing on the sequencing and cadence of GenAI adoption, CFOs anticipate workforce transformation, cost savings, and increased revenue through improved forecasting and data-driven insights.   

Responsible GenAI  

Responsible AI implementation emphasizes addressing ethical concerns, mitigating risks, and fostering positive mindsets through effective communication and sharing successful use cases.