Better Finance: CFO Insights podcast

How CFOs can harness the transformative power of AI in finance


Listen Later

In this episode, we delve into the transformative role of the CFO in the rapidly evolving landscape of finance, shaped by the advent of digital technology and artificial intelligence (AI). Glenn Hopper shares his insights on how the traditional responsibilities of CFOs are expanding beyond mere financial reporting to encompass strategic guidance and predictive analytics.

The episode provides an understanding of how CFOs can become pivotal change agents within their organizations. It discusses the importance of embracing technology and AI to not only enhance forecasting and metrics reporting, but also to drive informed decision-making processes. The episode also explores the value of leveraging data from a variety of sources, beyond financial data, to gain a competitive edge.

The episode also explores the reasons for CFOs to conduct thorough reviews of business processes across all departments and explains how identifying inefficiencies and optimizing data flows can help to improve an organization's overall performance. Plus, it offers some insights into the potential opportunities and limitations of AI in financial planning and analysis (FP&A).

Finally, the episode addresses the strategic leadership skills required by CFOs in this age of digital transformation. Glenn shares insights on the need for CFOs to understand data science principles and responsibly leverage AI tools to enhance organizational efficiency.

© 2024 Ernst & Young Global Limited

...more
View all episodesView all episodes
Download on the App Store

Better Finance: CFO Insights podcastBy EY

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

55 ratings


More shows like Better Finance: CFO Insights podcast

View all
Exchanges by Goldman Sachs

Exchanges

976 Listeners

Wake Up to Money by BBC Radio 5 Live

Wake Up to Money

56 Listeners

The McKinsey Podcast by McKinsey & Company

The McKinsey Podcast

392 Listeners

Bloomberg Businessweek by Bloomberg

Bloomberg Businessweek

432 Listeners

PwC's accounting podcast by PwC

PwC's accounting podcast

179 Listeners

CFO THOUGHT LEADER by The Future of Finance is Listening

CFO THOUGHT LEADER

127 Listeners

Inside the Strategy Room by McKinsey & Company

Inside the Strategy Room

169 Listeners

FT News Briefing by Financial Times

FT News Briefing

668 Listeners

Thoughts on the Market by Morgan Stanley

Thoughts on the Market

1,301 Listeners

Coaching Real Leaders by Harvard Business Review / Muriel Wilkins

Coaching Real Leaders

668 Listeners

The So What from BCG by Boston Consulting Group BCG

The So What from BCG

220 Listeners

In Good Company with Nicolai Tangen by Norges Bank Investment Management

In Good Company with Nicolai Tangen

171 Listeners

FP&A Today by Glenn Hopper

FP&A Today

46 Listeners

HBR On Leadership by Harvard Business Review

HBR On Leadership

160 Listeners

Unhedged by Financial Times & Pushkin Industries

Unhedged

170 Listeners