AI's Seismic Impact On Finance: More Human-Augmenting Than You May Think

The continuous integration of data, processes, and algorithms is profoundly reshaping finance organizations. However, confusion on how far-reaching the possibilities can be remains prevalent among CFOs and finance leaders. For this reason, SAP and the University of Applied Sciences Berlin (HTW Berlin) joined forces to research how artificial intelligence (AI) is changing finance organizations all over the world. I want to thank the 164 professionals, which included finance specialists, CFOs, and other top executives, who participated in our study. With their insight, we uncovered how the true potential of AI is going beyond teaching machines to think, converting image and speech into captured information, and automating rules-based tasks and process.