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82% of Enterprise CFOs Actively Use Gen AI

  • 82% of enterprise CFOs are actively using or considering adopting artificial intelligence (AI) for their accounts payable functions.
  • AI offers benefits like cost reduction, error prevention, and working capital optimization in financial management.
  • Challenges in AI integration include compatibility issues, high implementation costs, and a lack of customization in existing financial systems.
  • CFOs show strong interest in AI solutions for spend visibility, vendor negotiations, fraud detection, and supplier performance evaluation, signaling a shift towards AI-driven financial management.

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