Artificial intelligence (AI) is emerging as a force within business process enhancement, automating repetitive tasks and complex processes in the finance function.
The back office, which has been overlooked in conversations about innovation, is now undergoing digital transformation to streamline operations and improve decision-making.
AI offers a solution by automating tasks, enhancing accuracy, and delivering real-time insights, benefiting both large companies and small and medium-sized businesses (SMBs).
Adoption of AI in the back office faces challenges related to cultural inertia and perceived complexity, but 75% of CFOs plan to increase their AI investment.