Why AI Isn’t Transforming Finance Yet

Key Points

• The aim is to understand the reluctance of finance offices to adopt artificial intelligence and identify factors for improvement.
• Analyzed leadership attitudes towards AI in finance
• Examined team dynamics and openness to business changes
• Assessed practices that facilitate AI experimentation
• Finance offices are slow to adopt AI due to traditional leadership perceptions.
• Encouraging teams to embrace change and experiment can lead to increased AI adoption.
• Leaders who embed new practices see more significant benefits from AI.

Abstract