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From Nice-to-Have to Nonnegotiable: How GenAI Is Redefining the Office of the CFO

  • Artificial intelligence (AI) has become essential in the office of the CFO, shifting from a nice-to-have to a must-have component of financial operations.
  • AI adoption is rapidly increasing in finance departments, with qualitative and quantitative applications enhancing functions such as treasury, payments, and risk mitigation.
  • Generative AI tools like Treasury GPT from FIS are transforming cash forecasting by synthesizing real-time data for more accurate predictions, setting a new standard for the industry.
  • AI is recalibrating ROI metrics for CFOs, improving elements like DSO, liquidity optimization, payment security, and efficiency, leading to centralized reporting and decision-making powered by AI in the future.

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