Digital Transformation Fuels Competitive Edge in Finance, Experts Say
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NEW YORK - Finance leaders are rapidly adopting artificial intelligence, automation, and cloud computing to drive efficiency, enhance decision-making, and unlock sustained competitive advantages, according to insights shared at a recent industry session. The shift isn’t merely about adopting new technologies; itS a fundamental reimagining of financial processes to deliver greater value in a dynamic market.
The accelerating pace of digital finance transformation is critical for organizations seeking to thrive amidst increasing complexity and disruption. This evolution impacts all stakeholders – from CFOs and accounting teams to customers and investors – with the potential to significantly improve cost efficiency, strengthen compliance, foster innovation, and optimize workforce management. Failure to adapt risks falling behind competitors who are already leveraging these tools to gain an edge.
Learning Objectives & ROI
The discussion centered on the demonstrable return on investment (ROI) achievable through strategic digital finance initiatives. Panelists highlighted how AI and automation are streamlining traditionally manual tasks, freeing up finance professionals to focus on higher-value analysis and strategic planning. Participants gained insights into strategies for achieving lasting competitive advantage through these advancements.
Expert Insights
The session featured perspectives from leading finance executives, including Michael Fried of Forvis Mazars, Amie Thuener, Vice President and Chief Accounting Officer at Alphabet, and Alejandro Rodriguez, VP of Regulatory Automation & Change Management at American Express. These experts shared real-world examples of accomplished digital transformations and the challenges overcome in their implementation.
CPE Information
Registration for the program was facilitated through the Financial Executives international (FEI). Individuals with questions regarding Continuing Professional Education (CPE) credits should contact FEI directly at [email protected].
