CFOs plan to leverage AI, drones, robots and blockchain

CFOs are planning to implement advanced technologies, including artificial intelligence, drones, robots and blockchain, at a rapid rate, according to a new survey by Grant Thornton. For the study, GT and CFO Research polled 378 senior finance executives about the ways technology is transforming nearly every division in their organization, especially the finance function. One out of four of the respondents said they use AI, compared to just 7 percent last year. Significant proportions of senior financial execs are currently implementing advanced analytics (38 percent) and machine learning (30 percent). Within two years, senior financial execs plan to roll out a battery of new technology, such as AI (41 percent), blockchain (40 percent), robotic process automation (41 percent) and drones and robots (30 percent), at their organization.