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Tech Radar

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Financial leaders still rely on regular tools like Excel for automation tasks over AI

  • Finance leaders are cautiously optimistic about AI, but still rely on traditional tools like Excel for automation tasks.
  • Cybersecurity and compliance with regulations remain top concerns for adopting AI in the finance industry.
  • 27% of finance leaders believe that the risks of implementing AI outweigh the potential benefits.
  • To embrace AI-powered automation, finance leaders should invest in employee training, establish robust cybersecurity frameworks, and ensure compliance with regulations.

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