Q4 2023 Virtual CFO Roundtable

The Q4 CFO Roundtable Discussion – "The State of AI in Finance: Systems and Team Impact" presents an opportunity for finance leaders to connect with peers to exchange best practices, insights, and conversation to comprehend the intricacies of integrating AI with ERPs and other systems, while also exploring the profound impact on finance and accounting team dynamics.

As AI continues to advance, its influence is felt across all business functions, with the potential to reshape industries and redefine traditional business models. In the finance function there are so many questions yet interest and use levels are soaring, indicating that we are on the precipice of widespread adoption. Join us for this unparalleled discussion to delve into real-world AI use cases, engage with your peers on AI implementation strategies, and proactively navigate the ever-evolving landscape of technology's impact on finance.

Roundtable Exercise:

Our Quarterly Roundtable Series will consist of an interactive discussion dedicated to current and future use of AI within the finance function.

Learning Objectives:

• Frame the application of AI, and organizational readiness for it, within the Data Maturity model
• Discuss the role of AI within the analytics spectrum – Diagnostic, Descriptive, Predictive, Prescriptive – and how the traditional spectrum ignores primary use case of AI
• Explore the intersection of AI, systems, and teams, and understand how these elements interact.
• Discuss the potential benefits and challenges of utilizing AI applications, from managing tools to understanding the influence in decision-making.
• Foster collaboration and networking among finance executives to share experiences and best practices.

Roundtable Discussion Points:

The roundtable series will be organized into an interactive discussion, where you and your peers with be focusing on different aspects of:

Current AI Applications in Finance

• Understand the AI opportunity set and its potential impact on the performance of the finance function
• Learn how AI technologies are being integrated into ERP systems and other tools, and the implications of standalone AI tools and working across multiple systems.
• Explore how AI can augment data analytics, reporting, forecasting, and decision-making within ERP systems.
• Discuss case studies showcasing successful AI implementation and utilization.

The Future AI-Enabled Finance & Accounting Team

• Assess the opportunities for team optimization, with internal and external resources, created by AI applications.
• Examine the longer-term impact of leveraging AI in areas typically staffed by junior professionals.

The CFO Alliance is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org