article thumbnail

How AI Improves Enterprise Risk Management (ERM)

The Finance Weekly

It is changing how businesses deal with Enterprise Risk Management (ERM), and AI algorithms can always watch for risks. AI can look at lots of data, find patterns, and predict risks. AI also does tasks automatically and saves time for risk managers. They can then plan and stop problems more actively.

article thumbnail

Five Focal Points for Future-Ready CFOs

CFO Leadership

Most of their finance organizations would be using generative artificial intelligence (GenAI) to enhance their business planning and analysis (BP&A) capabilities and/or bolster the company’s fraud-prevention activities. Environmental, social and governance (ESG) metrics and measurements would top their priority lists.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Five Focal Points for Future-Ready CFOs

CFO Leadership

Most of their finance organizations would be using generative artificial intelligence (GenAI) to enhance their business planning and analysis (BP&A) capabilities and/or bolster the company’s fraud-prevention activities. Environmental, social and governance (ESG) metrics and measurements would top their priority lists.

article thumbnail

Wells Fargo Planning Corporate Banking Shakeup

PYMNTS

Unnamed sources told the Wall Street Journal that Wells wants to consolidate its corporate and investment bank, a move that reports said could lead to layoffs and disruptions for corporate banking relationship managers, advisory teams and other industry stakeholders. The announcement followed revelations that the U.S.

article thumbnail

Top 8 AI Uses in Finance Embraced by FP&A Leaders

The Finance Weekly

AI is , transforming the finance sector, especially in financial planning and analysis (FP&A). Allegedly, their AI-driven efforts have saved them from potential fraud losses exceeding a billion dollars. This helps FP&A leaders make informed choices that maximize profits and contribute to financial success.

article thumbnail

Today’s CFO Must Be… Talent Focused

Beacon CFO Plus

In our experience, many of the difficulties encountered by companies with otherwise good business plans and products are caused by people entrusted with executive power they are unable to carry out with positive effect. Personnel and position mismatches create risk. Talent significantly affects profit and loss for your organization.

CFO 52
article thumbnail

Treasurers Beware: FX Risk Is Not What It Used To Be

PYMNTS

At the same time, however, cross-border trade disputes, sudden changes to international supply chains, and geopolitical disruptions like Brexit have increased businesses’ awareness of the importance of an FX management strategy, Descout added. Necessary Planning.