How AI and Process Automation Is Reinventing Finance - Workflow

When a major consumer company recently disclosed a multimillion-dollar accounting goof that had gone undetected for three years, it was forced to revise financial statements going back to 2016. The revelation sent its stock plummeting and prompted an ongoing SEC probe. Emerging technologies are doing more than streamline finance workflows. Ultimately, AI's greatest potential benefit for CFOs, managers and accountants is to help them make smarter, faster data-driven decisions. "The market is increasingly dynamic," says Meenakshi Tripathy, senior director and head of finance business products at ServiceNow.